News About: Pharm. Industry


Domestic pharmaceutical business emerging from slump

Local brokerages believe that the domestic pharmaceutical business conditions have begun to pick up after the fourth quarter of 2003, buoyed by positive signs of drug shipment index and drug retailer sales index. A...

MSD Korea launches novel carbapenem antibiotic

MSD Korea, a Korean business unit of a multinational pharmaceutical firm, said it launched Invanz injection (ertapenem sodium), a novel carbapenem antibiotic for the treatment o...

InnoCentive to open Korean Web site www.innocentive.com

InnoCentive Corporation said it would open its new Korean website on February 9 at Western Chosun Hotel in the presence of Chief Executive Officer Darren Carroll and Ali Hussein, vice president marketing. Started b...

Management strategies of domestic major pharmaceutical firms in 2004 outlined

According to the 2004 management strategies, domestic major pharmaceutical firms are seeking diverse marketing plans designed to prop up the sagging sales in the midst of lingering business slump, with the tools of ne...

Domestic pharmaceutical firms urged to promote item restructuring

The nation's pharmaceutical industry needs to promote their item restructuring programs in order to ensure more concentrated marketing strategies for boosting sales, market sources indicated recently. The sources s...

87 medical agencies violated drug-related regulations

The Kwangju Regional Agency of the Korea Food and Drug Administration announced on February 5 that it discovered a total of 87 agencies that committed false or exaggerated advertisements of drugs, etc. via cable TV wi...

Impending completion of merger between Genome Therapeutics and Genesoft Pharmaceuticals

The newly merged company between Genome Therapeutics (Nasdaq: GENE) and Genesoft Pharmaceuticals, a privately-held pharmaceutical company based in San Francisco of the United States, is set to launch on and about this...

Roche Vitamin Korea renamed as DSM Nutrition Korea

The company name of Roche Vitamin Korea was changed to DSM Nutrition Korea on February 1. In October 2003, DSM Group acquired Roche's Vitamins and Fine Chemicals Division, the formerly world's largest vitamin suppl...

Turnover of domestic pharmaceutical firms up 17%

The 20 major domestic pharmaceutical firms are expected to increase their combined turnover by 17.2 percent this year, according to the 2004 management strategies. The 20 chief executive officers estimated th...

GENEDIA wins CE Marking, KGC Sang-A says

Korea Green Cross Sang-A said on February 2 that its GENEDIA HBsAg ELISA 3.0, hepatitis B surface antigen diagnostic product, received a CE marking from Germany-based TUV Product Service GmbH, known as one of the worl...

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