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SK Chemicals’ Joins to be exposed to fiercer competition

Joins tablets, the homegrown oriental medicine of SK Chemicals Co. for treatment of arthritis, will not be as stable as before with a growing number of pharmaceutical companies poising to enter the Joins market. A ...

KPA launches task force for pharmacy school quota

The Korean Pharmaceutical Association (KPA) is seeking to take the lead in the local pharmacy schools’ quota issue by launching a taskforce to prepare for the government’s plan to extend the duration of pharmaceutical...

Green Cross to release Hyalobarrier gel

Green Cross Corporation said on April 4 that Hyalobarrier gel will be available in Korea under the exclusive distribution agreement with the US based FAB/Anika Therapeutic. Hyalobarrier gel is the highly advanced ...

Patients with mild dementia get more health insurance coverage

The government has expanded its support for patients suffering from mild dementia of the Alzheimer type and receiving Reminyl (galantamine) from this month, the Ministry of Health and Welfare announced recently. Re...

Hanall CEO donate 45,000 shares

Kim Sung-wuk, CEO and president of Hanall BioPharma (formerly Hanall Pharm) donated 45,300 shares from his own stocks to employees, which accounted 1.13 percent of his total stock, or 230 million won. Kim said that...

China eyed for pharmaceutical export

China has been one of the attractive markets for Korea drugmakers, but its strict regulatory drug filing has so far been a stumbling block. The Korea Pharmaceutical Manufacturers Association (KPMA) hopes that a Mem...

KFDA to promote export of generic products

The Korea Food and Drug Administration plans to encourage Korean drug manufacturers to go all-out to make inroads into foreign countries as the domestic market shows clear signs of reaching saturation point. To thi...

Multinational firms urged to establish more fair business environment

When Zuellig Pharma, a regional distributor of pharmaceutical and health care products, established a subsidiary in Korea in 2000, hundreds of local wholesalers went up in arms against the new entrant seeing it as a t...

Wholesalers seeking to maintain unified distribution

The unified distribution by wholesalers should continue to exist until the planned the reward scheme for doctors and pharmacists scheduled to be enforced from October may be viable, according to a local wholesaler gro...

46% of doctors prescribe Cialis

Lilly Korea said 46 percent of Korean doctors have continued to prescribe the company's impotence drug Cialis 5 mg due to the fact that patients can enjoy their sexual activity due without any restrictions in the use ...

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