News About: Pharm. Industry


SBR to support domestic drug industries for overseas business.

The executive members of SBR (Society of Biomedical Research), a researcher group mainly organized with Korean scientists living in America, recently visited to Korea from May 3 to 8 and had a meeting for an introduct...

Poor consolidated income statements haunt local pharmaceutical firms

Overall, major pharmaceutical firms' management conditions have been deteriorating amid protracted business slump and to make matters worse, their affiliated companies have been in the same fate as the parent firms, a...

Ildong's Aronamin Gold and Biovita approved by US FDA

Ildong Pharm said on May 10 that the U.S. Food and Drug Administration has approved its Aronamin Gold, a multivitamin preparations and Biovita, preparation for intestinal flora for children. Ildong officials noted...

Drug makers struggle to create key products of 10 billion won sales.

Leading domestic pharmaceutical firms are trying to create their key products at the level of 10 billion won sales in order to generate their stable revenue and income, after fully realizing that the company hardly ov...

Chewable Vitamin C supplement to launch in food markets.

Uginong House (president: Han Jae-wook), an organic agricultural product company, announced on May 6 that Colosvita chewable tablet formulated with vitamin C and colostrum was launched to the food market. The colostru...

Korean generic drug exporters advised to cultivate markets in advanced countries

With the growing trend of accelerated consumer access to generic drugs and large reimbursement price cuts in advanced countries such as the US and Japan, market analysts proposed domestic generic exporters put their p...

Yuyu Pharm wins EU patent for its ticlopidine plus ginkgo biloba extract patent

Yuyu Pharm says it has recently won from European Union a patent relating to a novel pharmaceutical composition containing ticlopidine and ginkgo biloba extract after acquisition of Korea and US patents. Ticlopidin...

Low-priced printing machines attract local pharmaceutical firms

With the government plan to implement the drug's identification system by dosage form for better safety of drugs sooner or later, more and more local printing machine manufactures and importers would likely jump into ...

Green Cross to feast children's day with families and children.

Green Cross invited all families of the company employees to the office for the feast of "Children's day" and "the Month of Family". Green Cross took this kind of feast in May every year since 2001 but this year th...

Forum for how to promote Health Functional Food Industry.

Korea Health Industry Development Institute (KHIDI) (President: Lee Kyeong-ho) will have a health industry promotional forum at the auditorium at 3 p.m. on May 10 under the title of "How to promote the health function...

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