All Type of News
Handok embarks on direct transaction with Dongwon
Handok Pharm signed an agreement with Seokwon Pharm and Dongbo Pharm, affiliated companies of Dongwon Group Pharma, to initiate a direct dealing with them, it was learned on November 16.
Officials at Seokwon Pharm ...
Concerns growing over low-priced drug incentive system
There are mounting concerns in the local pharmaceutical industry over the spreading rumor that the government is said to push up with a plan to offer an incentive to a medical institution which purchases a drug at a c...
Government to re-hold public hearing on November 24
The government plans to re-hold a public hearing for discussing practical solutions for improving local service industry on November 24, according to the Ministry of Strategy and Finance.
The plan calls for overhau...
Pharmaceutical firms urged to go global
Local pharmaceutical companies will need to expand their businesses abroad to enlarge and diversify their customer base while creating opportunities to develop their own biosimilars, industry sources said.
"Local c...
Health minister Jeon opposes operation of unlicensed pharmacist
Health and Welfare Minister Jeon Jae-hee said on November 15 expressed her negative response to the government’s plan to allow unlicensed people to open specialized businesses as long as they hire a person with the ap...
Huh, Green Cross Chairman, passed away
Huh Young-sup, chairman of Green Cross, died of a long-term illness on November 15, it was learned on November 16. He was 69.
Huh was a pioneer of home-grown biomedicine in the development of many "first vaccines"...
Safety-proven OTCs should be marketed at supermarkets
The government will have to work out measures to promote customer-oriented drug policies for public health, a civic group said on November 12.
The Citizens’ Coalition for Economic Justice said in a statement that t...
Competition seen intensified for proton pump inhibitors market
As Ilyang Pharm is poised to join the PPI market by launching newly developed antiulcerant agent Noltec (ilaprazole) within this year, marketers may need to come up with more distinguished strategies, said an industry...
KFDA approves simvastatin CR’s intake anytime
Hanmi Pharm says it has received approval from the Korea Food and Drug Administration to administer simvastatin controlled release (CR) tablet without restriction in the morning or at night.
For simvastatin, the ev...
Multinationals agonizing over 2010 business plan
A majority of multinational companies in Korea are still struggling to finalize their business plans for the new year, according to industry observers.
The government’s unpredictable drug pricing policies have led...
