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Bacchus will benefit from non-drug store sales, analyst say
Dong-A Pharmaceutical will be quite happy with the deregulation for the sale of over-the-counter drugs at convenient stores and supermarkets, as it could widen the sales network and lower their entry barriers to the m...
Calls mounting for sale of OTC drugs at supermarkets
About 25 civic groups including the Citizens’ Coalition for Economic Justice are joining hands to press ahead with a campaign for the sale of nonprescription drugs at convenience stores.
They criticize the Ministr...
Ilyang opens biggest vaccine plant
Ilyang Pharmaceutical Co. said it has completed its vaccine plant with an annual egg-based production capacity of 60 million doses of influenza vaccine in Jecheon, North Chungcheong Province.
A completion ceremony ...
Foreign drugmakers record average 4% sales rise in 2010
Sales of 11 multinational drug manufacturers in Korea rose average 4 percent last year, according to Yakup Shinmoon.
The trade paper reported that UCB Korea’s sales recorded a whopping 40 percent rise from a year e...
Dong-A, GSK to exchange their product in May
From next month, Dong-A Pharmaceutical will promote GlaxoSmithKline (GSK)’s healthcare products Polydent and Sensodyne, while GSK will also promote Dong-A’s Garglin, according to market watchers.
The exchange plan ...
Government seeking to reduce health insurance deficit
With the Health National Insurance Corporation’s gloomy projection that the nation’s health insurance deficit is expected to reach 16 trillion won in 2020, the government will come up with effective measures to counte...
Chain pharmacy firms’ sales jump 17% in 2010
Korea’s three leading chain pharmacy firms saw their average earnings surge 17 percent on-year thanks to a recovery in domestic demand, a report showed Sunday.
The sales of WithPharm rose 29% on-year to 89.6 billio...
Childhood asthma is rising
Asthma is the most common chronic disease of childhood, and yet many parents know little about it. Although asthma can occur in people of any age, even in infants, most children with the illness developed it by about ...
Multinational drugmakers worry over rebate crackdown
As Ulsan Metropolitan Police Agency has launched its intensive crackdown on illegal rebate, some of multinational firms are worrying about the possibility that they are in the list of donors who offered drug kickbacks...
102 doctors under probe for drug kickbacks
Ulsan Metropolitan Police Agency Thursday started its investigation into 102 suspected doctors who received illegal rebate or drug kickbacks from 15 pharmaceutical firms,
The police agency also said it arrested 3 ...
