News About: Pharm. Industry
FKI to promote tie-up between pharmaceutical and bio venture.
A joint research and business tie-up between pharmaceutical companies and bio venture enterprises seems to be more activated next year to enhance the international competitiveness.
The Bio Science Industrial Commi...
Chong Kun Dang to expand its shares in domestic liquid digestives marketChong Kun Dang Corporation has recently launched Gassokchung, a foaming liquid digestive having a rapid digestive capacity and better taste.
Gassokchung contains a variety of...
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Overall health foods market grows to 1.4 trillion won
Business sources say that the domestic market for health foods will post at 1.4 trillion won this year, showing sustained growth trend per year - 870 billion won in 1999, 1.0 trillion won in 2000 and 1.15 trillion won...
LG Life Sciences won EPO patent for its SR-hGH formulation technology
LG Life Sciences said on December 17 that it won a European Patent Office (EPO) for a novel formulation technology applied to a sustained-release human growth hormone (SR-hGH).
The company noted it filed the patent...
Foreign drug corporations in assorted year-end fest.
At the year end season there appears with a mingled "joy and sorrow" mood among the foreign multinational drug corporations in Korea. Some companies fully kept their normal works until the end of the year regardless o...
Green Cross to construct vaccine plant in Vietnam.
Green Cross signed an agreement with Vietnamese National Institute of Health for a turn-key based construction project of the vaccine plant in association with Samsung Moolsan in the amount of U$28 million on Dec. 17...
Restructuring of foreign-invested pharmaceutical firms eyed
Influenced by the overall business setbacks in the domestic pharmaceutical sector due to debt-ridden finance of the National Health Insurance Corporation and other unfavorable factor in next year, foreign-invested pha...
Korea's PPIs market getting heated
The domestic market scale for proton pump inhibitors (PPIs) is estimated at 30.0 billion won, compared with 23.0 billion a year ago.
Major items being offered on the domestic market last year were omeprazole prepa...
Contraceptive Implanon strengthens its presence in Korea
Contraceptive implants Implanon, which was launched May this year, is rapidly expanding its market shares in Korea.
According to Organon Korea, a number of Korea women are using Implanon as a novel contraception me...
Korea and Japan agreed to cooperate bio industrial networks.
The bio industrial cooperation between Korea and Japan seems to be activated and its networks will be built up very soon.
The Korea Bio Venture Association (KBVA) said that many domestic bio venture companies trie...
