All Type of News
Court rules in favor of Novartis over Glivec price
A Seoul court said on January 22 that it has ruled in favor of Novartis AG, the Swiss drug giant, who sought to overturn an earlier government decision to reduce the price of Glivec (imatinib mysylate) by 14 percent.
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Low-priced drug incentive plan haunts drug makers
Local pharmaceutical manufacturers are attentively watching the government’ movement to implement the controversial low-priced drug incentive plan.
Pharmaceutical sources said the government is likely to make publi...
KFDA to start on-spot GMP inspection on herbal medicines
The Korea Food and Drug Administration says it will begin to make its on-site inspection on four manufacturing sites of SK Chemicals’ Joins, an oriental medicine, from this week.
Joins have been manufactured in thr...
Wholesalers struggling to maintain unified drug distribution system
Now that the unified drug distribution system is scheduled to be scrapped from December 31, this year, pharmaceutical wholesalers are endeavoring to maintain the system with every possible means.
Wholesalers said t...
Government urged to scrap more enrollment quota for pharmacy schools
The Ministry of Education and Human Resources Development said it is considering increasing the quota for pharmacy schools.
However, the ministry is expected to meet strong resistance.
“We were dumbstruck by the...
Government to get tougher on false or exaggerated treatment claims
The government plans to strengthen its monitoring for overcharging the National Health Insurance Corp. for false treatment using a variety of data-mining techniques.
To this end, the corporation said it is building...
Civic groups at odds with government
Civic groups, including the Citizens' Coalition for Economic Justice (CCEJ), has recently called for the health ministry to cancel the decision to designate the 'Citizens United for Better Society’ instead of CCEF as ...
KFDA publish Site Master File
The Korea Food and Drug Administration said it has published Site Master File, a GMP (Good Manufacturing Practice) related manual of individual medicines on manufacturing site.
The drug agency said the manual cover...
More tax exemptions set for R&D spending
Korea seeks to expand tax exemptions for corporate investment in research and development (R&D) as part of efforts to stimulate state-run and private companies’ R&D spending in the era of free trade agreements (FTAs)....
Autologous Cultured Adipose-Derived Stem Cells to be commercialized in second half
The effective management of fistulas in patients with Crohn's disease presents an extremely challenging problem. Mesenchymal adult stem cells extracted from certain tissues, such as adipose tissue, can differentiate i...
