News About: Pharm. Industry
Chinese bulk drugs to kill domestic bulk drug industry.
The technology progress of China in the synthetic bulk drugs will sweep up almost completely all the Korean branded bulk drugs from the overseas markets in the near future not only because of its price but also qualit...
Drug makers and wholesalers seek to solidify alliances for co-prosperity
The mutual consultative body consisting of domestic pharmaceutical marker and wholesalers, which was newly established last month, held a first gathering at Tower Hotel in May 14 in a bid to brace for their win-win st...
Pfizer Korea's recruitment plan is still underway
Pharmaceutical business sources say that Pfizer Korea has been seeking to hire necessary staff members including plant personnel in the wake of the recent merger between Pharmacia Korea and Pfizer Korea.
Unlike Pfi...
Lilly Korea does not consider Zuellig Korea as outsourcing partner
An official from Lilly Korea, affiliated company of a U.S.-based multinational firm, has dismissed the recent rumor that it is moving toward Zuellig Korea as outsourcing partner, saying that the company has reviewed t...
Pharmaceutical firms turn to high-priced new OTC products strategy
Pharmaceutical firms are now adopting to set up a higher pricing level on newly launched OTCs as a way to cope with poor sales of ethical products and co-existence of pharmacies instead of price hikes via increased do...
OTC drugs exceeding ceiling insurance prices level disputed
The government, Korea Pharmaceutical Association, and domestic pharmaceutical industry are now trying to forge a solution to a controversial issue - some of reimbursable OTC drugs supplied to pharmacies at price...
Medical Representatives playing key role in marketing success.
The pharmaceutical industry paid keen interests to the education and training program for the medical representatives (MR) for the improvement of their professional salesmanship and self-confidences. The industry admi...
Lee Hee-yeol named general manager of BMS Oceania
Bristol-Myers Squibb Company, a renowned New Jersey based multinational firm, has recently announced that it promoted Lee Hee-yeol, president of BMS Korea, to general manager of BMS Oceania covering Australia and New ...
Pharmaceutical stock price index showing four-month consecutive rallies
Influenced by the jitters over severe acute respiratory syndrome (SARS), the pharmaceutical stock price index on April showed an average increase of 14.9 percent, led by SARS-related shares, over the main bourse index...
Daewoong Pharm adopts cafeteria-style welfare system
Daewoong pharm has recently introduced cafeteria-style welfare system based on an enterprise resource planning (ERP) system for the first time in the domestic pharmaceutical industry.
The cafeteria-style welfare sy...
