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KFDA to overhaul duplicate API management system

The Korea Food and Drug Administration is considering ameliorating the current double management system of active pharmaceutical ingredients (API). The drug agency is attempting to integrate both the drug master fi...

Doctors struggling to deter passage of two-way sanctions bill

All executives of the Korean Medical Association (KMA) are making all-out efforts to discourage the passage of an anti-rebate bill aiming at making doctors and pharmacists subject to punishment for taking illicit mone...

Pharmacies turn eyes on new management style

A number of pharmacists are seeking to create new income sources to ensure more stable operation of their pharmacies. There are growing equity investments toward leading wholesaling firms among proprietors of pharm...

Korean Hospital Association to pick new president

The Korean Hospital Association (KHA) said that it will pick its next president from five candidates on May 7. Seoul National University Hospital Head Sung Sang-cheol, KHA’s vice chairman Kim Yoon-soo, Ahandong Hos...

Hanall wins local patent for combination drug

Hanall Biopharma (formerly Hanall Pharmaceutical) announced on April 26 that it has acquired a patent for 'HL-012', a combination drug containing simvastatin and aspirin. The patent is characterized by its innovate...

Doctors threaten to wage general strike

The Korea Medical Association said on April 25 it is considering moving forward a strike. KMA officials said in a statement that the strike is aimed at demanding that the government change its policies, including a...

License agreement for development and sales of new anti-ulcerant

Choong-wae Pharm concluded a license agreement with Mitsubishi Tanabe Pharma on April 26, granting Choong-wae exclusive rights in Korea for the development and sale of S-Tenatoprazole-Na (STU-Na), a new drug currently...

Korean pharmaceutical firms urged to adopt U.S. and E.U. risk management practices

Local pharmaceutical companies need to implement safety and other best practices to comply with any possible litigation and regulatory risks in U.S. and European markets, according to a foreign executive for Chubb Gro...

Hyundai Pharm seeks global expansion

Influenced by more aggravating pharmaceutical environments, Hyundai Pharm is ramping up its overseas expansion drive, with the aim of becoming a leading pharmaceutical firm in global arena. The company is expanding...

Korea Eundan advocates quality differentiation of vitamin C

Korea Eundan is emphasising quality as the crucial point of differentiation between the vitamin C it produces in the green hills of Scotland - now known as Quali-C. The company said on April 23 that it signed an ex...

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