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Biosimilars unlikely to be commercialized within 2 or 3 years

The government will need to proceed with biosimilar projects with more caution as the availability of second generation biologic products that offer superior dosing and/or therapeutic efficacy to the original referenc...

Choongwae’s parenteral nutrition products go to China

“Combiflex Lipid” and “non-PVC bag” are to be exported to China with the cooperation of Korea Health Industry Development Institute, local drugmaker Choongwae Pharma Corporation has announced on October 26. The com...

Pharmacists withdraw suit over doctors’ dispensing in state-run hospitals

Seoul Pharmaceutical Association has recently decided to withhold its proposed suit against doctors’ dispensing of flu-related medicines in government-designated hospitals until next March, as the number of confirmed ...

Korean drug Agency OKs local trial of innovative osteoporosis drug

Helixer Co., a local biopharmaceutical company, said on October 26 that it has received approval from the Korean Food and Drug Administration to conduct Phase 3 clinical trial of a drug, PG201, for the treatment of os...

Korea’s leading drugmakers urged to attain 1 trillion sales within short period

This country’s leading pharmaceutical firms, such as Dong-A Pharm, Hanmi Pharm and Yuhan Corp., should surpass 1 trillion won in sales, which will lead to expansion of drug exports with renewed image of Korean pharmac...

Zuellig, multinationals blasted for hurting patients

Local pharmacists and doctors has recently accused Zuellig Pharma Korea (ZPK) and foreign-invested pharmaceutical firms of undermining patient benefits by exploiting their powerful market position, calling their busin...

Pharmacists at Goyang gearing up for extending DUR

Goyng Pharmaceutical Association has recently decided to extend its second test-run Drug Utilization Review (DUR), a government-imposed review of prescribed drugs. Ham Sam-kyun, chairman of the Goyng Pharmaceutical...

Min unveils hospital-pharmacist-friendly policy

The Seoul Pharmaceutical Association’s Chairman nominee Min Byung-rim, incumbent vice chairman of the same association, said on October 23 that he will incorporate several proactive hospital pharmacist policy elements...

Sibutramine 10 mg goes on sale

Ilsung Pharm says it has recently launched a low dose of generic Riductil (sibutamine 10 mg) capsules following the earlier release of its 17.56 mg capsules. The company terminated its Ruductil related agreement with ...

Pharmaceutical industry should be next growth engine

Korea needs to assess the damage that its free trade deals with other countries would cause in the local pharmaceutical industry in the future and map out proper countermeasures, including tax exemption on research an...

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