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Government to launch intensive screening over hypnosedatives

The Health Insurance Review and Assessment Service said on December 28 it will strengthen its screening over the use of medicines, such as hypnosedatives and bowel movement enhancers, from next year, in its bid to pre...

Health ministry to ease wholesaling regulations

The Fair Trade Commission has recently recommended the Ministry of Health, Welfare and Family Affairs to lift the regulations over the paid-in capital ceiling of 500 million won as part of efforts to lift unnecessary ...

Drug agency to permit manufacturing site of metformin tablets

The Korea Food and Drug Administration is considering allowing Korea United Pharm to re-import metformin tablets manufactured in Vietnam, saying that on-site GMP inspection in their Vietnam facilities are deemed neces...

FTC announces new fair trade code

The Fair Trade Commission has recently released a fair trade rule based on the agreement signed by the Korea Pharmaceutical Manufacturers' Association, together with the Korean Research-based Pharmaceutical Industry A...

Cho-A Pharm to breed 2-generation transgenic cloned pigs

Cho-A Pharm said that the company is expecting the second piglets in the first quarter of next year, which will be a milestone to expedite their erythropoietin (EPO) study using transgenic animals. Thee transgenic ...

Koreans visit hospitals 18 times a year

Koreans visited hospitals 18 days on average per year in 2008, more than two times from 2006, announced the National Health Insurance Corporation recently. According to a new publication on health insurance statis...

Korea to toughen rules on vendor audit

Korea's drug watchdog says it plans to stiffen rules on the vendor audit system of a current Good Manufacturing Practice (cGMP) facility that manufactures drug components or finished products as the GMP for pharmaceut...

ViroMed to conduct VM202-PAD Phase 2 clinical trial in China

VM202 Phase 2 clinical trials for Peripheral Artery Disease (PAD) will commence in China, projected to be the third largest pharmaceutical market in the world by 2013. Unlike other treatments, VM202-PAD is designed...

KFDA okays phase 1 study of functional combination drug

Hanall Pharm said on December 23 its has received approval from the Korea Food and Drug Administration to conduct phase 1 clinical trial of a combination drug (amlodipine plus atorvastatin) for the treatment of hypert...

HLA, Hovenia dulcis gaining popularity as leading health supplement foods

Some health supplement foods, such as HCA, Hovenia dulcis, red ginseng, propolis and Omega-3, has attracted Koreans as well-being products this year, according to the Korea Health Supplement Association. Among othe...

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