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Korea's Green Cross Sees Earnings Plunge As Flu Fears Wane

This article was originally published in PharmAsia News

Executive Summary

SEOUL - As widely expected, vaccine producer Green Cross, one of Korea's leading pharmas, has seen a sharp drop in its sales and net profit during the fourth quarter of last year

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Following its entry into North America and China, Green Cross is set to make inroads into the rapidly growing Russian pharmaceutical market through a strategic partnership with Nanolek to commercialize the South Korean biopharmaceutical company’s biologics.

Korea’s Hanmi, U.S. Spectrum To Co-Develop Biobetter Of Amgen’s GCSF Neulasta For Neutropenia

Hanmi Pharmaceutical inks another deal with a foreign pharma company as it focuses on business opportunities outside Korea.

Korea's Green Cross Files For Biobetter Of Shire's Hunter Syndrome Therapy Elaprase; Seeks Global Partners

SEOUL - South Korea's leading vaccine manufacturer Green Cross Corp. took a step forward in the biosimilars sector by submitting a marketing application to Korea FDA for a biobetter of Shire PLC's Elaprase (idursulfase) for Hunter syndrome. And now the company is looking for foreign partners

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