All Type of News
“Aggressive R&D investments will create global novel drugs with government’s support”
The Korean pharmaceutical industry has promised to make continuous efforts to make Korea a pharmaceutical power with the government’s support in aspects such as development of global novel drugs, having bold researche...
National Assembly scheduled to table 8 agendas related to Pharmaceutical Affairs Law
The National Assembly Health and Welfare Committee will discuss about various agendas related to the Pharmaceutical Affairs Law, such as public & mid-night pharmacy, upper-limit charges for pharmacy business suspensio...
Yuhan Corporation works on a new business for health functional foods
Yuhan Corporation(CEO Jung-Hee Lee) will expand new businesses through developing special health functional foods, such as antler products.
Yuhan Corporation signed a memorandum of understanding with the Designers In...
Kim Young-Ran Law makes 2 of 3 pharmas cut entertainment expenses
The Anti-Corruption and Bribery Prohibition Law enforced on 28 September 2016, also known as the ‘Kim Young-Ran Law’ reportedly made pharmaceutical companies reduce entertainment expenses significantly.
Since people,...
1 of 3 listed pharmas records operating profit ratio higher than 10%
1 of 3 listed pharmaceutical companies passed 10% in operating profit, and there were reportedly 10 pharmaceutical companies having an operating profit ratio less than 3%, which is what a pharmaceutical distribution c...
JW Pharmaceutical, Otsuka and Hanlim selected as excellent innovative pharmaceutical company of 2017
The government has selected JW Pharmaceutical, Korea Otsuka Pharmaceutical and Hanlim Pharm as the excellent innovative pharmaceutical company of 2017.
On the 17th, the Ministry of Health and Welfare(Minister Neung-H...
Pharmacists society’s concern over extension of medicines sold in convenient stores
The Ministry of Health and Welfare(MOHW) has rolled the pharmacists’ society because the discussion about the extension of emergency household medicines(drugs sold in convenient store) would come out on the 4th next m...
Innovation and changes… Sanofi’s efforts for its life partners‘Sanofi,’ the only innovative pharmaceutical company among the top 10 global health care companies branching in Korea, made a new resolution to continue innovation.
At a press ...
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Listed pharmas’ secret of profitability increase is financial reduction in SG&A
It was analyzed pharmaceutical companies’ profitability has increased because they reduced selling, general & administrative(SG&A) expenses. In 1 of 3 listed pharmaceutical companies, however, their SG&A expenses whic...
Government’s R&D support to focus on private investments
“We not only will enlarge the governmental R&D support, but is planning to enhance our policy, such as tax benefits, focusing on promoting private investments.”
Hosted by the Ministry of Health and Welfare(MOHW) and ...
