News About: Pharm. Industry


LG to export technologies of new drug for B viral hepatitis.

LG Life Science Co. has developed a new drug for the treatment of B viral hepatitis under the code of B80380 and tried to explore a strategic business tie-up with Anadys Corp. of America for an earlier commercializati...

Daeil Chemical found illegal production of painkiller plasters.

Daeil Chemical was found to produce illegal painkiller plaster preparations, for which, KFDA said on April 14, an appropriate administrative measure would be soon made while undertaking an immediate return and disposa...

Pharmaceutical firms to improve deferred accounts receivable portfolios

Domestic pharmaceutical firms are making desperate efforts to shorten the settlement period of their deferred accounts receivables in a bid to cope with protracted business slump and create better management c...

CJ Corporation to invest 32.0 billion won into Hanil Pharm

Hanil Pharm announced on April 13 that its board of directors will hold its special meeting on April 30 to resolve the expected investment of 32.0 billion won from CJ Consortium, saying that the investment will be mad...

GSK Director Lee Ju-chul oversees business development units in Indochina

After winding up his successful two-year operation in Singapore in March, Lee Ju-chul, director of antiviral business unit of GSK Korea, will be involved in more extended business development affairs in Indochina (Mya...

Imports for anti-impotence drugs topped $31.2 million in 2003

Korea's imports for anti-impotence drugs, such as Viagra (sidenafil), Cialis (tadalafil) and Levitra (vardenafil), posted $31.2 million last year, the Korea Pharmaceutical Traders Association said recently. Bulk im...

7 out of 10 Korean women are in planned pregnancy: survey

Seven out of 10 Korean women in their 20s are pregnant by planning and the majority of them are most concerned about delivery of a deformed baby, a survey showed recently. Roche Korea said, based on its survey of 9...

New health functional foods flooded in registration.

New registration of health functional foods has shown a rising trend since the enforcement of the Health Functional Foods Act. KFDA approved the registration of total 75 health functional food products from 36 com...

Korean scientists embarks on more intensive stem cell research

Stimulated by the announcement that Hwang Woo-suk and Moon shin-yong of Seoul National University have become the first in the world to successfully clone a human embryo and then culled stem cell from it, domestic res...

GSK donates 7. 5 billion won to North Korea

GSK said that in partnership with the Korean Association of Pediatric Practitioners which demonstrated its support for 300,000 disposal syringes (total market value of approx. 20 million won), a total of 300,000 doses...

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