Daewoong Pharmaceutical Explained

Daewoong Pharmaceutical Co., Ltd.
Native Name:주식회사 대웅제약
Native Name Lang:ko
Type:Public
Industry:Pharmaceutical
Predecessors:-->
Founders:-->
Successors:-->
Hq Location City:Seoul
Hq Location Country:South Korea
Areas Served:-->
Owners:-->
Hangul:대웅제약
Rr:Daeung Jeyak
Mr:Taeung Cheyak

Daewoong Pharmaceutical Co., Ltd. is a pharmaceutical company headquartered in Seoul, South Korea.[1] Daewoong Pharmaceutical primarily engages in the manufacture of pharmaceutical products, including prescription and over-the-counter healthcare products.

History

Daewoong Pharmaceutical was established as Kawai Pharmaceutical Company in 1942. Daewoong was officially incorporated in 1945 as Daehan Vitamin Chemical and changed its name to Daehan Vitamin Industrial in 1961. In 1966, Yoon Young-hwan purchased Daehan Vitamin, which was in financial difficulties, and changed its name to the current form, Daewoong Pharmaceutical, in 1978.[2]

Notes and References

  1. News: Cha . Sangmi . August 11, 2020 . South Korea's Daewoong Pharma gets India nod to test anti-parasite drug for COVID-19 . Reuters . Seoul .
  2. Book: Takezawa, Shinʼichi . In quest of human dynamism . 1986 . Asian Productivity Organization . 978-92-833-1087-7. 227.