News About: Pharm. Industry


Choong-wae Pharm signs oral itraconazole deal with Japan

Choong-wae Pharm said on January 14 that it signed with Sawai Pharm, the largest generic maker in Japan, for the license-out and supply of oral itraconazole. Officials at Choong-wae Pharm noted that this agreement...

Health-related civil group to join fourth WSF in Mumbai of India

A civic group for promotion of people's health and welfare said that its 58 delegations will participate in the fourth World Social Forum (WSF) to be held in Mumbai of India between January 16 and January 21, 2004. ...

Sanofi-Santhelabo Korea breaks 100 billion barrier in 2003 revenue

Sanofi-Santhelabo Korea said it hit a 100 billion barrier last year for the first time since its foundation in Korea. In terms of sales revenue, the company advanced into 20th place from 100th rank six years ago. T...

Dongwha Pharm wins US patent for quinolone derivative

Dongwha Pharm announced on January 13 that it won the U.S. patent (No. No. 6,649,763) related to optically active 7-pyrrolidinequinoline carboxylic acid derivative and its manufacturing method. The company said tha...

BMS Korea shuffles top management

In a management reshuffle designed to strengthen the role of its sales/marketing units, BMS Korea said recently that Marketing Executive Park Sun-dong will head the whole business involved in antibiotics and circulato...

Pharmaceutical business now on upturning.

A protracted pharmaceutical business recession seems to upswing probably from the 2nd quarter of this year, experts predicted. The pharmaceutical economy had stepped into a recession phase when the medical and phar...

Aventis Pharma union members adopting resolution towards concerted efforts

Unionized workers at Aventis Pharma adopted their resolution to entrust the whole right of wage negotiation this year to the management in an attempt to express concerted efforts in the wake of protracted business slu...

Public advertising for OTC drugs in dwindling trend.

The total public advertising expenditures for OTC drugs in 2003 reported wit far lower value than expected in spite of the industrial efforts for the OTC business invigoration campaign. The industry said that the ...

Levitra with larger frequency of prescriptions at pharmacies neighboring university hospitals

Levitra, which has been co-promoted by Bayer and GlaxoSmithKline worldwide, has encompassed a larger frequency of prescriptions at pharmacies neighboring university hospitals due to rapid manifestation of efficacy and...

Drug industries depressed with new NTS' expense report policy.

The National Tax Service (NTS) announced on Jan. 5 that effective from Jan. 1, 2004 any tax deductable entertainment expenses amounted over 500 thousand won should be reported with attachment of detailed evidence desc...

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