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Pharma industry sensitive over ‘secret survey for rebates’

The Korea Pharmaceutical and Bio-Pharma Manufacturers Association will hold a board meeting on the 17th. The board meeting is the first meeting after the appointment of Chairman Hee-Mok Won since the last board meeti...

Drug price negotiation for lung cancer treatment ‘Tagrisso’ failed

The drug price negotiation of ‘Tagrisso,’ a new lung cancer drug of AstraZeneca, a multinational pharmaceutical company, was delayed for a week due to the Ministry of Health and Welfare’s order to suspend negotiation,...

‘Entresto,’ congestive heart failure treatment changing paradigm

‘Heart’ is a key organ of human body and the most important organ for life conservation. Congestive heart failure, caused by weakened heart muscle, has shown a mortality rate and hospitality rate as higher as cardiac ...

Abott’s new partner for digestive disorder treatment, ‘Green Cross’

Abott and Green Cross have attracted the industry as establishing a common front in the Korean digestive disorder treatment market. ‘Ganaton Tab’ Abott Korea has directly sold after acquiring its license from a Korea...

Korean stem cell market to annually grow 26% by 2025

An increase of investments into the medical tourism and medical fields, caused by economic development and income improvement in Asian developing countries, was expected to accelerate a growth of the Asian stem cell m...

Korean pharma industry encroach by multinational companies, only 23% of them were pure Korean medicines

Despite the government’s pharmaceutical industry nurturing policy, major value-added medicine markets in Korea have been encroached by multinational pharmaceutical companies. According to the materials that the Healt...

‘Everything is ready’ for the 4th emergency household medicine committee on the 23rd

An additional meeting for the deliberative committee for emergency household medicines will be held next week, and make a discussion for adjustment of products once again. According to the Ministry of Health and Welf...

SK Chemicals divided into investment & business parts

SK Chemicals will hold an extraordinary general meeting at SK Chemicals Building losed in Bundang-gu, Seongnam-si at 9am on the 27th of October and discuss about the ‘holding company management’ plan which will divide...

Pharma distribution industry not able to smile on increase of drug sales

Pharmaceutical distribution companies are in a situation that they cannot smile on an increase of sales. According to the industry concerned on the 11th, pharmaceutical companies continue to have the low-margin condi...

Drug industry’s great war over ‘Tamiflu’ generics with start of flu season

Ahead of a regular flu season, the drug industry has had a ‘great war’ over ‘Tamiflu’ generic medicines. After the Roche’s influenza treatment Tamiflu’s patent was expired on the last 22nd of August, about 30 Korean ...

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