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MSD Korea makes first shipment to Dongwon Pharma

MSD Korea MSD embarked on its first dealing with Dongwon Pharma Group by making its first drug shipment to to the wholesaler on October 19. Market insiders said other multinational firms will follow suit sooner or ...

Pharmacy service fee to rise 1.9%

The National Health Insurance Corporation (NHIC)says the pharmacy service charge will go up by 1.9 percent from next year. Under the recent agreement reached between the Korean Pharmaceutical Association and the (N...

Premature ejaculation pill goes on sale

Janssen Korea said it has launched Priligy (dapoxetine), a premature ejaculation (PE) pill, from October 20 and received a great number of phone calls from the local customers earlier. Dapoxetine is a unique, short...

Kwangdong, most favored Korean company

Kwangdong Pharm ranked as the most popular Korean company among the students attending at 200 universities nationwide, a local poll showed. According to a survey by the University News Network (www.unn.net), an onl...

Deregulation to spur commissioned drug markers

Rigid regulations are making it difficult for commissioned pharmaceutical manufacturers to sell any drugs without omission of clinical trials. The government said on October 16 that rules governing the commissioned...

Tamiflu’s side effect cases top 169 for 9 years

A total of 169 cases of side-effects caused by Tamiflu (oseltamivir phosphate) to the Korea Food and Drug Administration have been reported for the last nine years (2000 to October 14, 2009). Tamiflu is a medicati...

Priligy designated as drug causing misuse or abuse

The government designated Priligy (dapoxetine) as one of the drugs which are apt to lead to misuse or abuse in accordance with Article 62 of the Enforcement Regulation, Article 47 of the Pharmaceutical Affairs Law. ...

Boryung opens Beijing office

Boryung Group has opened an office in Beijing, becoming a foreign base to advance into other countries. Under the localized marketing strategy, its business includes expanded sales of a leading antacid “Gelfos” in ...

Lawmakers visit Yuhan Research Institute

A group of lawmakers who belong to the National Assembly's Health and Welfare Committee visited on October 16 Yuhan Corporation’s cutting-edge research center e located at Giheung, Yongin City of Kyunggi Province, as ...

Pfizer Korea’s direct dealing to hit Zuellig Korea

Pfizer Korea’s recent decision to make a direct dealing with Dongwon Phama Group will deal the hardest hit to future business of Zuellig Pharma Korea (ZPK). Sources say other outsourcing partners, such as MSD Kore...

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