Daewoong Pharmaceutical


Daewoong Pharmaceutical Co., Ltd is a Seoul, South Korea-based bioengineering company operating as a subsidiary of Daewoong Co., Ltd., a global health care group. Daewoong Pharmaceutical primarily engages in the manufacture of pharmaceutical products in South Korea, including prescription and over-the-counter healthcare products.

History

1942Founded as Kawai Pharmaceutical Company
1961Changes its name to Daehan Vitamin Industrial Company, Ltd.
1973Listed on the Korea Stock Exchange.
1978Changes its name to Daewoong Pharmaceutical Co., Ltd.
1985Daewoong Medical Founded. It became a Total Medical Supplier with compounded annual growth rate of 60%.
1990Won an “Excellence in Sales & Marketing Award” from DuPont Medical.
1995Establish a joint venture with Takara Belmont.
2001Developed Medicanvas, the first and only X-ray film viewer using TFT LCD backlight technology.
2002Co-Marketing with Ezmedicom, a medical B2B service provider which provides e-procurement system to clients. It also acts as a purchase agent supplying medical equipment and disposables to general and small scale hospitals.