All Type of News
FTC not considering easing of anti-rebate rules
The Free Trade Commission (FTC) is not considering easing overseas academic meetings to be promoted by multinational pharmaceutical companies.
To this end, Korea’s antitrust regulator was said to hold a Dec. 18 mee...
Widening of GMP consulting coverage mulled
Starting in next year, 15 small- and mid-sized pharmaceutical firms that intend to invest in current Good Manufacturing Practice (cGMP) project could enjoy free cGMP consulting by the drug agency.
The Korea Food an...
Handok, Sanofi Pateur to cooperate in vaccine business
In an effort to ensure an stable supply of the vaccine in Korea, Korea's Handok Pharm has joined hands with the French vaccine maker Sanofi Pasteur SA to distribute vaccine products produced by Sanofi Pasteur from Jan...
Pharmaceutical wholesalers urged to promote create new wholesaling atmosphere
It is necessary for drug wholesalers to expand the scope of their direct logistics activities instead of relying on blockers based business, according to a senior wholesaler.
“It has been a common practice to recru...
Health ministry scraps double fine provisions on pharmacy
The Ministry of Health, Welfare and Family Affairs said on December 18 that it has scrapped a provision to fine 2 billion won to a proprietor of pharmacy who has failed to describe on individual container or package t...
Low-priced incentive system will hurt pharmaceutical sector
Pharmaceutical business sources say Korea's pharmaceutical sector could lose a tremendous loss if the government’s plan to promote local hospitals to purchase low-priced medicines via a certain portion of incentive to...
Geoyoung seeks to achieve 1 trillion won sales
The lack of the growth engines are touted as the weakest point for Korean pharmaceutical wholesalers, which have staged a cutthroat competition in the saturated market over the past several years.
Geoyoung, the cou...
Drug makers, pharmacists discuss small packet of drugs
The Korea Pharmaceutical Manufacturers Association and pharmacists agreed to exchange information over the efficient supply of small packet of drugs, the Korea Food and Drug Administration said on December 17.
To t...
General Electric to set up global health center in Incheon FEZ
General Electric plans to set up a global u-health R&D center in Songdo, a site of Incheon Free Economic Zone, in 2010.
GE Healthcare, a medical development and investment unit of the global company, signed a joint...
Boehringer Ingelheim releases ambroxol HCl tablets
Boehringer Ingelheim Korea said it has launched Mucoangin (ambroxol HCl), a troche-type mucolytic agent used in the treatment of respiratory disorders associated with viscid or excessive mucus.
The substance is a m...
