Daewoong Pharmaceutical

{{Infobox company

| name = Daewoong Pharmaceutical Co., Ltd.

| logo =

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| native_name = 주식회사 대웅제약

| native_name_lang = ko

| type = Public

| traded_as = {{kse|069620}}

| ISIN =

| industry = Pharmaceutical

| predecessor =

| founded = {{Start date and age|1945}}

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| hq_location_city = Seoul

| hq_location_country = South Korea

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| website = {{URL|www.daewoong.co.kr/en/main/index|www.daewoong.co.kr}}

}}

{{Infobox Korean name

|hangul=대웅제약

|hanja={{linktext|大|熊|製藥}}

|rr= Daeung Jeyak

|mr= Taeung Cheyak

}}

Daewoong Pharmaceutical Co., Ltd. ({{Korean|hangul=주식회사 대웅제약}}) is a pharmaceutical company headquartered in Seoul, South Korea.{{cite news |last=Cha |first=Sangmi |date=August 11, 2020 |title=South Korea's Daewoong Pharma gets India nod to test anti-parasite drug for COVID-19 |url=https://www.reuters.com/article/us-health-coronavirus-southkorea-daewoon-idUSKCN2570FE |work=Reuters |location=Seoul |access-date=}} 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.{{cite book |title=In quest of human dynamism |last=Takezawa |first=Shinʼichi |year=1986 |publisher=Asian Productivity Organization |isbn=978-92-833-1087-7|url=https://books.google.com/books?id=FAqaAAAAIAAJ&q=editions%3AISBN928331087X|page=227}}