News About: Pharm. Industry
Il Dong CEO named Chief of Korea/New Zealand Economic Cooperation Council.
Mr. Lee Kum Ki, CEO of Il Dong and Il Dongfoodis was nominated to the chief commissioner on Korean part of the Korea and New Zealand Economic Cooperation Council.
The Council was established in 1978 for the purpose...
35 drugs out of top 50 sellers were foreign brands.
In the first half of this year 35 foreign brand drugs out of the top 50 sellers predominated local markets although domestic industries did their best according to the BASS (Bestcare, MSK) data, the first pharmaceutic...
Necessity to assess drug cost effectiveness getting high.
A right time has come for the pharmaceutical industry to pay keen interests in the economic assessment for the NHI drugs as it's needs grow high.
In the invitational lecture during the breakfast meeting for CEO G...
Pharmaceutical firms urged to focus on development of new drug entities
Business sources say that as Ranbaxy Labs in India has been recognized as the world's generic marker with last year's sales of over 1 trillion won, domestic pharmaceutical firms need to give priority to new drug entit...
Korean large business groups should turn to world pharmaceutical market: local seminar
Amid the situation that Korea's pharmaceutical market size is estimated at 8 trillion won and its R&D investment hovers at 4 percent to 300 billion won, Korean conglomerates should make massive amount of R&D investmen...
Merck and Daewoong agreed co-marketing for Metformin business.
Merck and Daewoong agreed to co-market Metformin, a diabetic drug, under the brand of Glucophage by Merck and Diabex by Daewoong from coming July 1 this year.
Glucophage has kept its top seller position over the w...
Wrong description of Oxytocin dosage undetected for 4 years.
A wrong description of Oxytocin dosage was not discovered for 4 years, which gave a shock to the medical and pharmaceutical society.
KFDA confirmed the error that the 2000 drug review report on Oxytocin injectable...
Pfizer Korea struggles under persisted counterfeit drug of Viagra
The unabated trends of counterfeit drugs on Viagra and other major brands for the past several years has spawned a frustrating problem for drug producers in Korea, as they cannot publicize the proper identification me...
Gelfos-M awarded Korean women's best brand
The Women's News, jointly with Hyundai Research Institute, announced Boryung Pharm's Gelfos-M was selected as Korea's 2004 women's best digestive brand at a cosmos hall of 63 Building on June 17.
In an internet sur...
Medifoam sales soaring after public advertising.
Medifoam, a medical wound dressing pad supplied by Il Dong, shows a remarkable sale in an uprising trend these days after the public TV advertising campaign.
A drug wholesaler said that its sales went up in an acc...
