News About: Pharm. Industry
4 foreign drug companies under investigation.
The public prosecutor's investigation against multinational drug corporations including E. Lilly, Pfizer, Pharmacia and MSD Korea seems to be conducted very soon especially over the financial supports for the physicia...
Summer sales of pharmacy cosmetics predicted to fall by 30 percent
Business sources say the domestic pharmacy cosmetics makers during this summer have suffered serious setbacks in the aftermath of World Cup games and their estimated sale as of this July are likely to drop by 30 perce...
Committee of H&W to question the alleged lobbying of multinational firms
In the July 25 National Assembly committee of Health and Welfare, several lawmakers grilled Vice Health and Welfare Minister Shin Un-hang, who attended on behalf of Kim Sung Ho, the new health and welfare minister, ov...
Natural product-based emerging as promising item
Following the recent clinical reports that the prolonged use of chemical hormone therapeutics, such as estrogen and progesterone, has been associated with the occurrence of uterine cancer, breast cancer, thrombosis, h...
Conglomerates to step into pharmacy markets.
A pharmacy market entry by the conglomerates has been slowly surfaced. Recently SK declared their business launching into the drug store markets and other conglomerates attempted to knock the door cautiously.
To o...
Notice to our readers
Due to summer vacation English Yakup Daily will not publish July 31(Wednesday), thru August 4(Sunday), 2002.
We resume publication on August 5, 2002(Monday)
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Questions arise over drug firms' lobbying
Market observers say that the whole domestic pharmaceutical industry are drawn into the vortex of the illegal lobbying of multinational pharmaceutical firms, amidst the government reservation of a set of drug pricing ...
Foreign-invested pharmaceutical firms turn to aggressive marketing
Foreign-invested pharmaceutical firms are employing aggressive marketing tactics in a bid to take the leading position in the domestic pharmaceutical market within thee years with their new products.
Janssen Korea...
Daewoong Pharm spinning off businesses
According to industry source, Daewoong Pharm decided it will spin off its pharmaceutical business, thus dividing the firm into two units prescription drugs and investment consulting therefore becoming a professional...
KRPIA to deny former health minister's allegations
Composed of 27 foreign pharmaceutical companies operating in Korea, the Korean Research-based Pharmaceutical Industry Association (KRPIA) denied allegations raised by former Health Minister Lee Tae-bok that he was rep...
