News About: Pharm. Industry
Government urged to boost domestic pharmaceutical industry
In a recent press interview, Kim Chung-soo, chairman of the Korea Pharmaceutical Manufacturers Association, said that Korea's future will depend on the pharmaceutical industry fusing biotechnology, information technol...
Two foreign products eye domestic lips protective market
Two foreign brands - Nivea's Lipcare (distributor: Zuellig Korea) and Wyeth's Chapstic (distributor: Daewoong Pharm) - are now expanding their presence in domestic lips protective market and amid fierce summer competi...
Chinese Uwhangchungshimwhan to be officially launched in Korea
The Korea Food and Drug Administration announced on August 6 that it granted a market authorization for novel Chinese version of Uwhangchungshimwhan, saying that its approved brand name is designed to distinguish from...
Domestic migraine drug market expected to grow
Stimulated by the recent strategic alliances between CJ/Yuyu Pharm and GlaxoSmithKline over the exclusive distribution of Naramig and Imigran in domestic pharmaceutical market, Korea's anti-migraine drug market is lik...
Foreign company focused their marketing strategy more on disease.
Instead of letting their brands better aware to the public, the marketing promotional strategies now launching by the most of foreign multinational drug corporation in Korea are targeting more on the disease itself, a...
Factive wins additional indication of multidrug-resistant streptococcus pneumoniae
GeneSoft, which owns all the marketing and regulatory approval rights of LG Life Sciences' Factive (gemifloxacin) in North America and Europe, announced on July 29 that the U.S. Food and Drug Administration has approv...
Korea's bulk drug exporter urged to find niche markets
Although the Korea's bulk drug industry has suffered from sluggish export performance due to price dumping by related manufacturers from China and India, it still has much to do to explore niche markets, business sour...
Dispute arises over selection of AstraZeneca's 50 wholesalers
The recent AstraZeneca's selection criteria of 50 wholesalers who will be dealing with its pharmaceutical business has been under fire from many OTC wholesalers, although the multination firm said that the criteria wa...
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Brisk strategic alliances seen in domestic pharmaceutical market
Pharmaceutical business source say that a number of domestic pharmaceutical firms have actively established strategic alliances with foreign-invested firm for co-marketing of new drugs to create a synergistic ...