All Type of News
Pharmaceutical wholesalers
The Korea Association of Pharmaceutical wholesalers will step up its fight against chronic illegal rebate practices whereby doctors and pharmacists receive money from wholesalers in return for prescribing or recommend...
Some multinational companies urged to open direct transaction
Two multinational companies are still hesitating to make an direct dealing with Dongwon Group Pharma, drawing strong criticism.
So far, these companies have shown lukewarm attitude over direct transaction.
Accor...
Institut Pasteur Korea to screen Pfizer compound library
Institut Pasteur Korea said on December 7 that it has entered into a Collaborative Agreement with the Drugs for Neglected Diseases Initiative (DNDi), centered on the use of Pfizer’s compound library, for the identific...
Korea Pharmaceutical Doctor Association holds local seminar
The Korea Pharmaceutical Doctor Association composed of doctors said it had successfully completed a local seminar at Hotel Shilla.
The seminar, organized under the theme of “Will we do what we are doing in 10 yea...
Red ginseng may help patients with acute renal failure
A Seoul Hospital said on December 4 that red ginseng was effective in reducing renal damage in animal experiments.
Ewha Mokdong Hospital said that its research team, led by Prof. Kang Duk-hee, administered red gins...
FTC approves promotional meetings overseas
The Fair Trade Commission’s recent recognition on promotional meetings to be held at the headquarters of foreign pharmaceutical companies has invited criticism from the local industry.
Critics say it's not fair for...
Lilly Korea starts direct dealing with Dongwon
Lilly Korea has been also involved in direct transactions with an affiliated company of Dongwon Pharma Group in Daegu, sources said recently.
Multination firms, which have been reported to open a direct dealing wit...
Salespersons feel uneasy over predicted sales loss next year
With the year-end approaching, a number of salespersons are skeptical about the prospect of sales loss due to the government’s ruthless price-cut polices.
“We will meet a new year with a lot of negative factors aff...
Battle to get fiercer over local anti-ulcer market
Korean drug makers are expected to wage fiercer campaigns to raise domestic anti-ulcer market share amid forecasts that Ilyang Pharm will emerge as a strong competitor with its Noltec (ilaprazole) new proton pump inhi...
Weekly new product licenses issued
The Korea Food and Drug Administration announced that licenses for new products totaled 53 in the period of November 23-27.
Of the licenses, prescription drugs accounted for 19, OTCs for 10, raw materials for 6 and...
