News About: Pharm. Industry


Hanil Pharm, CJ to exchange MOU for possible merger

Hanil Pharm said that its company union, the largest shareholder of the insolvent firm, signed a memorandum of understanding with CJ on January 2 for the latter's possible acquisition. The union designated CJ as th...

Government urged to promote commercialization of R&D outcomes in BT sector

The government needs to encourage Korea's biotechnology industry by giving priority to more balanced corporate investment in a bid to promote commercialization of R&D outcomes in BT sector, said a local report recentl...

Yuhan Corporation awarded Korea's most reliable enterprise prize this year

The Korea CEO Association and the Korea Economic Daily announced on December 29 announced that Yuhan Corporation was selected one of the most reliable this year enterprises in K...

Food manufacture and processing possible at pharmaceutical plants.

Starting from the next year any food manufacture and processing can be made at any pharmaceutical manufacturing facilities according to Article 21 of the Food Hygiene Act and Article 20 of its working rules, the KFDA ...

Next year looks bright for pharmaceutical market

With drug-related statistics of more positive sign from last March, local pharmaceutical industry would likely regain its strength from next year, according to a market analyst. Kim Ji-hyun, analyst of Dong...

Abbott Korea selected as Class A from Oliver Whyte

Abbott Korea announced on December 29 that Oliver Whyte, a renowned global consulting group, selected it as Class A in recognition of better corporate management and improved customer satisfaction via systemized busin...

Sudo and Schnell Korea reported business losses.

During the shareholder's meeting of the pharmaceutical companies for the fiscal year ended in Sept. 30 (Oct. 1, 2002 to Sept. 30, 2003), Sudo pharmaceutical company reported 16,160 million won of sales and losses in o...

Handok Pharm's management, labor in amicable relationship for 39 years

Cerebrating its 50-year birthday next year, Handok Pharm said in a statement that all of labor union members in the company are willing to entrust their entire welfare affairs in 2004, including year-end bonus rate, t...

Hanmi Pharm wins domestic patent on transgenic black goat

Hanmi Pharm said on December 23 it acquired the Korean patent relating to a black goat and its fertilized eggs for producing G-CSF from animal milk. Hanmi officials said, "It is meaningful that Korea has fully ackn...

17 marketing experts to graduate from PM college.

About 17 marketing experts graduated from the PM (Product manager) college on Dec. 16 at Bangbae dong lecture room. The PM college was founded by 13 middle marketing staffs from the domestic pharmaceutical industr...

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