News About: Pharm. Industry


Activation of domestic OTC market urged to stabilize NHIC's finance

The domestic OTC (over the counter) market, which has played a pivotal role for better people's health under the concept of self-medication during the past 50 years, is now facing serious challenges after implementati...

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 Korea, including Samsung Electronics, Ind...

Baekjae drug wholesaler to reshuffle its organization.

Baekjae, one of the leading pharmaceutical wholesalers in Korea, may run the organization under the new professional leadership from 2003. According to Baekjae Mr. Kim Dong-goo, the vice chairman of the company an...

KOSDAQ-listed Hwail Pharm selected as best technology-owned enterprise

Hwail Pharm said that it was recently selected from the Korea Technology Credit Guarantee Fund (KTCGF) as the best technology-based firm. The selection for better technology-owned enterprises is regarded as an auth...

Kuhnpoong Pharm to change its company name to Schnell Korea

Kuhnpoong pharm says it will change its company name to Schnell Korea in early next year and Schnell means "rapid" in German. A Kuhnpoong official said, "Our regular shareholders meeting decided to change our comp...

Irassen tablet, placenta nutrient product, to make successful sales.

Korea Mypharm Pharmaceutical Co. has built a sound management ground to leap up further just during the past one year since the company inauguration, showing that their marketin...

Factive tab. approved by KFDA as the fifth new drug in Korea

The Korea Foood and Drug Administration (KFDA) said on December 27 that it approved LG Life Sciences's Factive tab.(gemifloxacin), a novel fluoroquinolone antibiotic with potent, broad-spectrum antimicrobial activity....

Domestic pharmaceutical industry suffered serious setbacks from a series of price reductions

Influenced by the government's continual price reduction offensives on five occasions this year, the overall pharmaceutical business have experienced serious setbacks from the latter half of this year and the ...

Drug wholesaling brokers' illegal dealings on me-too products

Under the new minimum actually traded price system, which was implemented on August this year, the tax statements issued by insolvent drug wholesalers have been officially excluded from ex post facto drug management s...

Vietnam to entice investment from Korea pharmaceutical industry.

Vietnam and Singapore government jointly set up an industrial park as the economy and market volume in Vietnam draw up an ever ascending trend. Under this circumstance Vietnam government put an aggressive policy towar...

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