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Lixiana put up a great fight in NOAC market in beginning of 2nd yearly half

The Lixiana’s growth trend has drawn attention in the novel oral anticoagulant(NOAC) market in the beginning of the 2nd yearly half. The product not only showed an increase rate among other products on July compared t...

Expected difficulties for pharmaceutical distribution industry in supplying and demanding medicines on early October

Pharmaceutical distribution companies are going to encounter difficulties in suppling and demanding medicines during the long 10 days of holidays before and after the Korean Thanksgiving Day(Chuseok) on October again ...

Mr. Sung-Rak Choi, expert in food field, appointed as Vice Minister of Food and Drug Safety

Sung-Rak Choi, Welfare Support Officer at the Minister of Health and Welfare(MOHW) Social Welfare Office, has been appointed as the Vice Minister of Food and Drug Safety. The government announced to appoint Mr. Sung-...

Daewha Pharmaceutical made IND application of Phase 2 clinical trial for breast cancer to FDA

Daehwa Pharmaceutical announced on the 18th that the company completed the IND(Investigational New Drug) application process for a Phase 2 clinical trial of paclitaxel, an oral ...

1 of 3 listed pharmas spends 40% of their sales into SG&A

It was observed 1 of 3 listed pharmaceutical companies had a SG&A(selling, general and administrative) expense/sales ratio more than 40%. The ratio that is higher than other industries has worked as an obstacle of inc...

Kuhnil Pharm acquires approval of Omega-3/rosuvastatin combination drug for first time in the world

Kuhnil Pharm(CEO Young-Joong Kim) announced approval of Rosumega SC(generic name: omega-3-acids ethyl esters 90 + rosuvastatin) from the Ministry of Food and Drug Safety on the 31st of July. Rosumega SC will be used ...

Who will become candidates for next KPDA chairman?

2 months ahead of election of the Korea Pharmaceutical Distribution Association(KPDA) chairman, there has been a lot of rumors about candidates for the next chairman. According to the industry, candidates, such as Na...

Pharmaceutical and distribution companies tense over change of wholesaler for 5 Paik Hospitals

Over the medicine supply to Inje University Paik Hospitals, it has been noisy in the pharmaceutical and distribution industries. This is because distributors supplying medicines to the Inje University’s 5 hospitals ar...

Trendy ‘targeted therapy’ working on ulcerative colitis treatment too

‘Targeting’ has been a trend in the new drug development market for the past several years. New drugs had been developed with a mechanism of affecting the entire body, but the new drug paradigm is now changing to affe...

Intensified polarization for R&D among listed pharmas

R&D polarization is being intensified among listed pharmaceutical companies. While there is a company investing more than 20% of their sales, a number of companies are still spending less than 1% of their sales into ...

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