News About: Pharm. Industry
CJ negotiating to merger Hanil Pharm via stake acquisition
CJ said on December 22 that it submitted a letter of intent to participate in the bidding as part of its efforts to acquire insolvent Hanil Pharm's stake and as a result, CJ was named a preferred bidder on December 19...
Dong-A Pharm expands drug export in China
Dong-A Pharm., Korea's leading pharmaceutical maker, has begun to expand its drug export in China as part of the company's plan to make the world's largest market the core base for its growth.
Dong-A said it invest...
Alcon's 3 eye products to supply through Nanopharm.
The rumor over Alcon Korea's stronghold wholesale business connection has been found untrue.
According to Alcon Korea and the drug wholesale community, Alcon's 3 eye products such as Travatan, Lacriphos and Protazi...
South American marketing team achieved targeted export sales.The South American Market Development Team has returned after achieving their export target with U$13 million worth of deals and U$5.3 million of sales contract.
The Korea Ph...
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Domestic pharmaceutical firms urged to make inroads to Eastern Europe
With the possible affiliation of Eastern European countries including Poland, Czecho, Hungary and Slovakia into the European Union in May 2004, domestic pharmaceutical firms should establish proper export strategies i...
Hanmi awarded patent prize from KIPOHanmi Pharm said that it received a Choongmugong Award from the Korean Intellectual Property Office on December 19 in recognition of its successful development for novel antihyp...
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Domestic pharmaceutical firms grapping with less-than-expected sales
With the year-end approaching, domestic pharmaceutical firm are vehemently struggling to boost their sagging sales, but a majority of multinational firms are bracing for next year's business plan calmly because their ...
AstraZeneca Korea appoints Seo Dong-joo as Business Unit Director for SpecialtySeo Dong-joo, the former director of transplantation/immunology unit at Novartis Korea, was chosen on December 16 as the new business unit director for specialty.
After gradu...
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GSK Korea, Ilsung Pharm to strengthen strategic alliances via Augmentin
GlaxoSmithKline Korea and Ilsung Pharm agreed to beef up their strategic alliance, as both companies executed a renewal agreement on December 18 to extend the exclusive marketing right of Augmentin granted to Ilsung P...
Pharmacy can freely sell functional health foods.
The Korea Pharmaceutical Association (KPA) petitioned to the National Assembly Health and Welfare Committee to revise "Health functional food act" to the direction that the pharmacy shall be exempted to require any re...
