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FTC to probe KRPIA proposal

Korea’s antitrust regulator will embark on looking into the revision of a fair trade agreement, such as promotional meetings held at the headquarters of foreign pharmaceutical companies. The Fair Trade Commission (...

Different OTC prices prevailing in Seoul

A over-the-counter price at a pharmacy is three times higher than that in other pharmacy, a study showed recently. According to the study by Lee Jung-soo, a director at the Korea National Council of Consumer Organi...

Green Cross acquire two blood centers in US

GCAM, a newly established affiliated company of Green Cross Corporation in the United States, took over two blood collection centers there, GCC officials said on December 17. Located at California, GCAM will be abl...

Institut Pasteur Korea, Novartis to cooperate

Cooperation between Institut Pasteur Korea and Novartis Institute for Tropical Diseases (NITD) is picking up, with efforts being made to step up exchanges in the areas of tuberculosis drug discovery. The two organi...

Professor calls for selling of household drugs at supermarkets

The government needs to allow some over-the-counter drugs, such as digestive pills that don't need a doctor's prescription, to be sold at supermarkets in the near future, according to a local professor. In a recent...

Drug agency to boost pharmaceutical export

The Korea Food and Drug Administration said it will provide a chance for domestic pharmaceutical industry to adapt themselves to an advanced system and improve their competitiveness by developing ways to develop new d...

SK Chemicals wins technology award

SK Chemicals’ SID 530 has won a technology award from the Ministry of Knowledge Economy at the annual Korea Technology Awards 2009 ceremony on December 15. The ministry said it has selected SID 530 for its contribu...

Hanmi’s Amosartan wins bronze medal

The Ministry of Knowledge Economy awarded on December 15 a bronze medal to Hanmi Pharm Co., honoring for its technological achievement in the development of Amosartan, a combination drug of amodipine and losartan pota...

Some men need investigation and testosterone treatment

Korean men are suffering from an age-associated decline in testosterone concentrations. In a recent survey of 74 employees in their 40s in Daewoong Pharm, 29 have experienced male climacteric syndrome. The surve...

KFDA nods PACran cranberry powder health claim

Decas Botanical Synergies (DBS), manufacturer of PACran, the first clinically supported and proanthocyanidin (PAC) standardized cranberry powder, has obtained Korean Food and Drug Administration (KFDA) approval for a ...

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