News About: Pharm. Industry
Domestic brands of drugs urgently needed.
94% of drug brands currently registered in the patent office have been found with foreign trademarks that were already set up under the use licence.
The patent office recently reported on Aug. 7 the current status...
Court's injunction rulings on suspension of July 1 government notice to be decided within this week
Amid the postponement of a court's ruling on the injunction filed by five pharmaceutical firms demanding the suspension of the July 1 notice associated with reduced prices of insurance drugs, business sources say that...
Extended atmosphere to abide by fair trade code is emerging in domestic pharmaceutical industry
Influenced by a package of the government's successive drug-related policies design to curtail the drug charges, including the minimum drug pricing system based on ex post facto management, there is a consensus in the...
Drug sales will grow 12.3% this year
Influenced by the sustained demand of high-priced drugs and more activated ethical-market, the growth rate of drug sales in 2002 is likely to reach 12.3 percent, surpassing the average annual rate of 10.9 percent for ...
Ground breaking for Ohsong biotech industrial park this year.
Ohsong biotech industrial park is one of the major MOHW's projections, which seems to break the ground before the end of this year.
The Korea Land Corporation announced on Aug. 6 to start compensating the acquisiti...
Foreign-invested pharmaceutical firms turn to pharmacy market
Judging that the balanced development of ethicals and OTCs is essential for the company growth in the foreseeable future, many foreign pharmaceutical firms plan to expand their presence in the domestic pharmacy with t...
Surprising merger between Sanofi-Synthelabo and Keuhwha Pharm
The surprising takeover of Keuhwha Pharm by Sanofi-Synthelabo has drawn a keen interest from the domestic pharmaceutical industry, since the deal was arranged by the world's largest drug company.
Notably, as its af...
Multinational drug corporation actively to support public projects.
Many foreign multinational drug corporations in Korea actively supported the projects for public interests to carry out their management mission for "Healthy Life".
Their public project supports seem to be derived ...
Ethical drugs produced more after medical reform program.
After the implementation of the government's medical and pharmacy role separation program the production share of ethical drugs appeared far to surpass the OTCs by 63% out of the total finished drugs.
A...
Sanofi-Synthelabo to acquire Keunwha Pharm in 90.0 billion deal
Sanofi-Synthelabo Korea affiliated with the world's largest drug company, Paris-based Sanofi-Synthelabo of France, said on July 29 it signed an agreement with Keunwha Pharm in a bid to acquire the latter's pharmaceuti...
