News About: Pharm. Affairs


6th Emergency Household Committee postponed to January with expectation for pharmacists to attend

The Emergency Household Medicine Committee which was scheduled this month was confirmed to be postponed to January. This is because of the announced by the pharmacists’ society not to attend the meeting; the committe...

7 of 10 medicines approved this year was generic

7 of 10 medicines approved this year was reportedly a generic referencing an original drug. 5 pharmaceutical companies, such as Hutecs, Binex and Hankook Korus Pharm, were observed to acquire approval for more than 3...

Tagrisso causes complaints over issue biopsy

AstraZeneca Korea mentioned about the fact the Tagrisso’s(generic name: osimertinib) health insurance benefits will only be accepted only if a tissue biopsy is positive. Tagrisso is a novel drug which overcame EGFR-t...

‘Public & Midnight Pharmacies’ passed Seocho-gu plenary session

The Seoul’s first support ordinance for installation of public & midnight pharmacies passed the Seocho-gu plenary session. Although they have already been operated in Gyeonggi-do and Incheon, this was the first case i...

Biotech industry led ‘Pharmaceutical Industry’ last year, accounting for 35% of total

Last year, the entire biotech industry size was increased closed to KRW 9 trillion while the biopharmaceutical field led the growth by dominating about 35% of the total KRW 4.4 trillion exports. The Ministry of Trade...

“The original-generic competition in the U.S. is our future”

“The competition between original drugs and generics in the U.S. drug market is one of the import issues the Korean pharmaceutical industry must pay attention.” Marketing Director Ki-Hyun Ko(former pharmacist) at Ini...

MFDS approves new ‘Olumiant Tab,’ rheumatoid arthritis treatment

The Ministry of Food and Drug Safety announced the ministry approved the Lilly Korea’s 2 products including ‘Olumiant Tab 2mg(generic name: baricitinib)’ and ‘Olumiant Tab 4mg(generic name: baricitinib)’ as a rheumato...

Adopting convenient store into pharmacies, not the other way around

A new pharmacy model was suggested to adopt convenient store into pharmacies, not pharmacy to convenient stores. Story Store(CEO Young-Do Shim) singed a business agreement with C.SPACE(CEO Eun-Yong Lee), a 24/7 conve...

‘Tylenol 500mg,’ the most sold medicine at convenient stores

A drug sold the most at convenient stores reportedly was ‘Tylenol 500mg.’ The emergency household medicine market size was analyzed to grow more than 20% every year. According to the Pharmaceutical Management Center...

‘Otezula,’ psoriasis therapy, acquires approval from MFDS

Celgene Korea(CEO Tae-Jin Ham) announced ‘Otezla(generic name: apremilast),’ an oral selective phosphodiesterase-4(PDE-4) inhibitor, acquired approval from the Ministry of Food and Drug Safety on the 20 November and t...

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