News About: Pharm. Industry


Korea's finished drug production amounted to 7.7 trillion won in 2002

According to data compiled by the Korea Pharmaceutical Manufacturers Association,the nation's production volume for finished pharmaceuticals in 2002 topped 7.7 trillion won from 14,658 drugs and of these, 7.928 drugs ...

KFDA approves Hepsera for treatment of chronic hepatitis B

GSK Korea said on February 19 that Hepsera (adefovir dipivoxil), an oral nucleotide analogue for the treatment of chronic hepatitis B, was approved by the Korea Food and Drug Administration. The discovery of adefo...

Incompetent marketing capability blamed for debacle of many Korean startups

Higher bankruptcy rates looming the local bioventure industry stem from the low technology ratings from the related business community and lack of marketing capability that erupted the insolvency of promising startups...

GSK Korea President picked leadership award

Kim Jin-ho, president of GlaxoSmithKline Korea, received the LeadershipAward on February 17, during which GSK's top 1,000 managers attended. The award was handed to Kim during the 2004LeadershipConference hosted by...

Direct sponsorship for doctors by drug companies now deemed it illegal.

In an effort to keep fair distribution orders in the market the Korea Pharmaceutical Manufacturers Association (KPMA) plans to intensify so called "Self-clean up campaign" for the pharmaceutical industry via more acti...

Pharmaceutical firms put focus on more CI ads on trade papers

Under slight prospects for an economic turnaround amid deepened business slump in a local pharmaceutical sector and less frequency of pharmacy visits by patients for purchase of nutrients, etc., local drug makers seem...

Dowzon Pharm to boost exports in Middle East

Kim Jae-soo, CEO of a bioventure enterprise Dowzon Pharm and president of Daesung Pharm said on February 20 that it agreed with a certain firm of U.A.E to sign an agreement for the exportation of Momezon, a nutritiona...

Lilly Korea to open Cialis Call Center for pharmacists and physicians.

Lilly Korea announced on Feb. 19 that "Cialis Call Center" (Phone: 02-3459-2676), a drug information website for Cialis and other medication for doctors, pharmacists and other medical workers, set up for the purpose o...

Most KGMP plants found poor in quality control and production.

The KFDA announced on Feb. 19 that 187 companies (48.6%) out of the total 385 pharmaceutical plants found poor in their quality controls and productions according to the report of the 2003 regular pharmaceutical inspe...

Kang Shin-ho, new head of Federation of Korean Industries

The Federation of the Korean Industries, a leading business lobby, said on February 18 it appointed Kang Shin-ho, chairman of Dong-A Pharmaceutical Co., as its new head at the 48th general meeting. He will be the new ...

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