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President praises pharmacists’ devotion
President Lee Myung-bak has lauded pharmacists to encourage them to protect public health
In a televised speech delivered at the National Pharmacists Convention on May 2, he said the current system of separating d...
Health minister asks pharmacists’ help
Pharmacists should jointly cope with the government to prevent the selling of OTC products at supermarkets, Health, Welfare and Family Affairs Minister Jeon Jae-hee said on May 2.
In a congratulatory speech at the ...
Tax dispute over Zuellig Pharma
A tax dispute over the overall management of Zuellig Pharma will develop into a court battle with Christian Stoeckling, ex-president of Zuellig Pharma Korea. He had worked for the company for five years.
In a recen...
Competition to be seen intensifying in hepatitis B drugs
Multination pharmaceutical companies, such as GlaxoSmithKline (GSK), BMS and Novartis, are stepping up their maketing in domestic hepatitis B treatment drug market valued at 100 billion won, which is forecast to becom...
Doctors support anti-rebate bill
Doctors from 16 cities and provinces said they are willing to acknowledge the controversial anti-rebate measures, while calling for the government to increase their treatment charges.
In a statement issued on May 2...
Rebate ban glooms pharmaceutical industry
Prospects have been grim for Korean firms, as they are getting pressed by multinationals' increasing market presence and the government's pressure to lower drug costs. Generic drugs have long been the competitive edge...
Pharmaceutical shares hit by anti-rebate law
Influenced by the recent passage of an anti-rebate bill and poor performance of local leading drugmakers in the first quarter, pharmaceutical shares posted losses on April 29.
"This shows the current pharmaceutical...
Ilyang to go global
Ilyang Pharm is reported to enter into a distribution agreement with a leading multinational drug manufacturer to expand the sales of its new anticerant “ilaprazole” on a global basis.
Under the proposed contract, ...
Pyronaridine-artesunate combination drug by Shin Poong is as effective as Coartem, study claims
Pyronaridine-artesunate combination pill Pyramax is as effective against falciparum malaria as the current gold standard anti-malarial combo artemether-lumefantrine which is marketed by Novartis under the brandname Co...
Boehringer Ingelheim Korea’s work-life balance system satisfies 90% of employees
“Study hard, work hard" has long been Koreans' catch phrase to make their small, resource-poor country the world's 14th-largest economy.
The only problem with this time-old growth paradigm is it can neither last fo...
