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Controversy brewing over local service progress plan
A controversy surrounding over a set of the government’s measures to improve the corporate environment and develop the services industry is growing as pharmacists expressed skepticism about the government's plans for ...
Geoyoung ties up with Chungsipja
Geoyoung, a local leading wholesaler, has clinched a strategic alliance with Pusan based wholesaler Chungsipja as part of its efforts to strengthen their presence in domestic drug logistics market.
Under the recent...
Local clinical tests focus on development of new anticancer drugs
Domestic and foreign drug makers are conducting their clinical trials which are centered on the development of new anticancer medicines, according to the Korea Food and Drug Administration.
The drug agency said on ...
Leading and mid-sized pharmaceutical firms spend over 3 billion in 3Q ads
Details of each drug company’s spending in OTC advertisement revealed recently show that the country’s 24 leading and mid-sized pharmaceutical companies on average spent over 3 billion won of their annual revenue on a...
AstraZeneca to face Crestor generic challenge
The Britain-based AstaZeneca is expected to face a generic challenge to its blockbuster cholesterol drug Crestor (rosuvastatin calcium) by 50 Korean companies.
These local companies are seeking approval to sell a c...
Green Cross to conduct additional clinical trials for flu vaccine
Clinical trials for the H1N1 flu vaccine will be additionally conductedon 63 children aged under 3 years, said local drug maker Green Cross Corporation.
A total of two shots will be injected at a three-week interva...
Refund system to be applicable to two orphan drugs
Sam-Oh Pharm will be obliged to refund the price difference of two orphan drugs, Naglazyme (galsulfase) and Myozyme (alglucosidase alfa), by next March, marking the first case in the country’s drug refund system, acc...
Local drugmakers anger over incentive system for low-price drugs in hospital
The government’s plan to introduce a controversial incentive system for low-price drugs in hospital has invited criticism from domestic drug makers.
Aimed at providing cheaper drugs for patients, the government is ...
Thermometers in great demand
The H1N1 flu virus scare has sent the demand for hygienic products soaring since the nation's first death was reported on August 15.
Along with protective masks and hand sanitizers, the sales of thermometers are a...
Government to hold public hearing over services industry promotion plan
The Ministry of Strategy and Finance and the Korea Development Institute will set up public hearing on November 12 over the deregulation plan to improve the corporate environment and develop the local services industr...
