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Pharmacy society has a hard time when returning Chinese ‘Valsaltan’ ingredients

In a process of exchanging drugs containing Valsartan ingredients with carcinogenic factors, pharmacies are having trouble with patients over calculating patient-sharing expenses. According to the pharmacy society, b...

Celltrion makes KRW 263.4 billion sales in 2nd quarter

On the 8th, Celltrion gave a notice about the company’s 2018 2nd quarter consolidated business performance that they had a 7% increase to KRW 263.4 billion sales, but a 21.7% decrease to KRW 108.2 billion operating pr...

‘Final meeting’ for emergency household medicines starts finally

The final meeting arranged to adjust emergency household medicine products was held after the long postponement for 1 year and 6 months. The Ministry of Health and Welfare(MOHW) held the ‘6th Deliberative Committee f...

MFDS extensively develop QbD mode to raise competitiveness of pharma industry

The Ministry of Food and Drug Safety(MFDS) will extensively develop the ‘Quality by Design(QbD) system’ model to strengthen completeness of the Korean pharmaceutical industry. Quality by Design, a new paradigm in dru...

Celltrion starts Phase I and Phase III clinical trials for Humira biosimilar

Celltrion recently announced that they made a clinical trial application for ‘CT-P17,’ a biosimilar referencing the rheumatoid arthritis therapy ‘Humira(generic name: adalimumab),’ to the U.K. Medicines and Healthcare...

Organization of Legalizing Medical Cannabis in Korea founds Korea Cannabinoid Association

The Organization of Legalizing Medical Cannabis in Korea, which had the foundation meeting in 2017, will found the ‘Korea Cannabinoid Association,’ a non-governmental organization, at Patriot Ahn Jung Geun Memorial Ha...

Obligation to submit written statement for no response to medical dispute mediation

A bill will be introduced to turn in a written statement for not responding to a medical dispute mediation. The Minjoo Party Rep. Sang-Hee Kim representatively tabled the ‘Partial Revision Bill to the Medical Inciden...

‘Valsartan’ products using Chinese ingredients detected too much ‘NDMA’

The Ministry of Food and Drug Safety(MFDS) announced on the 6th that Daebong LS went exceeded with the regulated level of NDMA, a carcinogenic factor, by using the Chinese ‘Varsartan’ ingredients in processing their p...

57 Chinese Rundu’s Valsartan products suspended health insurance benefits

Betond Huahai’s ingredients, there were other Valsartan products with issues. The Ministry of Health and Welfare(MOHW) gave a notice about this through its own system to inform about products with suspended health in...

Medytox, Hugel and Chong Kun Dang Holdings ranked top in market value

Medytox, Hugel, and Chong Kun Dang Holdings were ranked higher in market value among other small and medium biopharmaceutical companies listed in Asian securities markets. According to the ‘Forbes Asian Small and Med...

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