All Type of News
KFDA issues second safety alert on diabetes drug Avandia
The Korea Food and Drug Administration (KFDA) has recently issued another warning on GlaxoSmithKline's blockbuster diabetes drug Avandia after studies found an increase in heart-related deaths among patients taking th...
Gov’t seeks to revise laws to punish rebate takers, givers
The government will step up its fight against chronic illegal rebate practices whereby doctors and pharmacists receive money from drug makers in return for prescribing or recommending their products.
Korea's healt...
Drug vendors total 2,091
A total of 2,091 distributors are engaged in the domestic logistics market for finished pharmaceuticals as of this February, the Health Insurance Review and Assessment Service (HIRAS) said on March 7.
By business c...
Samwon, Daegu sign acquisition deal
Samwon Pharm, a leading wholesaler in Pusan and South Kyungsang Province, said on March 5 that it signed an agreement to acquire Daegu Pharm.
The deal will make Samwon a 300-biillion won wholesaler that covers the ...
Ilyang to export ginseng drink to Taiwan
Ilyang Pharm said on March 8 that it has signed a contract with a Taiwan-based food maker for the export of its ginseng drink Wonbi-D for the first time since Korea and Taiwan severed their diplomatic relations in 199...
Plan to elect KPMA head hits snag
The Korea Pharmaceutical Manufacturers Association, the business lobby group, says its plan to elect a president of its newly established 7-memeber emergency committee is expected to be delayed for the time being.
...
Bioequivalence testing guideline for combination drugs to be made public
The Korea Food and Drug Administration is considering formulating a detailed rule concerning bioequivalence testing of combined preparations after consultation with the industry, as the bioequivalence testing for comb...
Global budget payment scheme eyed to reduce healthcare costs
To ensure the sustainable operation of the National Health Insurance, the global budget payment scheme is under review and a series of reasonable payment standards are being formulated, according to pharmaceutical bus...
Brand building tools in men’s impotence – storytelling naming
There are various tools used by the marketers to build their brands for the treatment of men’s impotence. In early days, TV advertisement was the most effective brand building tool as there were very few TV channels a...
Lilly Korea holds 3!6!DAY
Lilly Korea said it has recently held its in-house event “2010 3!6!DAY" for the company's impotence drug Cialis, stressing Cialis's marketing motto "fast and long efficacy for 36 hours.”
The Korean branch of multin...
