News About: Pharm. Industry
The end of Novartis’s rebate investigation, involved with investigating prosecutors
The rebate case of a multinational pharmaceutical company, Novartis, is coming to an end.
According to the industry concerned, a trial related to the Novartis’ case is known to be proceeded on the 29th of November.
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“Korean pharmas should be alerted against high expectation on Trump’s election”
As Donald Trump was elected at the U.S. Presidential Election, Korean pharmaceutical companies have raised expectations.
While the opposing candidate Hillary Clinton who was expected to be elected promised to cut dru...
Boryung-Astellas co-promote ‘Harnal D’ & ‘Vesicare’
Boryung Pharm and Astellas Pharma Korea will start the co-promotion business for the dysuria symptom enhancer “Harnal D’ and the overactive bladder symptom therapy ‘Vesicare.’
Boryung Pharm(CEO Tae-Hong Choi) and Ast...
Election of Trump, what will be dis/advantages for Korean pharma. industry?
Since Donald Trump is elected as the president of the United States, the Korean pharmaceutical industry is also expected to encounter huge impacts.
While negative anticipations, such as renegotiation of the Korea-US ...
Handok acquires Japanese functional ingredient company Theravalues for KRW 21.1 billionHandok(President Young-Jin Kim) signed an agreement to acquire a functional ingredient company, Theravalues Corporation, from San-Eigen F.F.I. Inc. with KRW 1.9 billion investme...
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ICER values to be revealed in first half of the next year
The ICER values, which have been a standard to set health insurance prices for drugs, are scheduled to be released in the first half of this year. The Drug Benefit Office of the Health Insurance Review & Assessment Se...
Ildong & Boryung push separation of OTC drug businessFollowing Dong-A Pharm and Jeil Pharmaceutical, Ildong Pharmaceutical and Boryung Pharm have carried out the process to separate their OTC drug divisions from their business.
A...
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Concerns over Korean pharmas if Hillary Clinton wins at the election
The world is paying attention to a result of the U.S. Presidential Election on the 8th, which has drawn interests for the fierce competition between the Democratic presidential candidate Hillary Clinton and the Republ...
Shift of investment from ICT service to ‘biopharmaceutical & medical’
Recently, the amount of investment into ventures in the biotechnology and medical field exceeded the one in the ICT(Information and Communication Technology) service field, it become the top field invested the most, w...
No. of people working for pharmas reaches 100 thousand
The number of people working in pharmaceutical companies was analyzed to constantly increase to approximately 100 thousand. Moreover, it was observed Korean pharmaceutical companies are actively branching out to forei...