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Re-use plan for asbestos-contaminated drugs likely to hit snag

Several pharmaceutical companies, including Ilyang Pharm, will hit snag with a plan to recover active ingredients from about 1,000 medicines that are confirmed to have used talc or talcum powders with asbestos, as the...

KPMA to gear up for fair competition

The Korea Pharmaceutical Manufacturers Association has renewed its incessant, diverse efforts to prevent illegal rebate practice. It also said the association is willing to accept the readjustment of drug prices ba...

Institut Pasteur Korea, Sanofi-Aventis to promote tuberculosis drug screening

Institut Pasteur Korea (IPK) announced on October 7 that it has signed a research agreement with Sanofi-Aventis’s Research & Development Center in Toulouse, France for the identification of safe and effective new trea...

Boehringer Ingelheim Korea releases telmisartan and hydrochlorothiazide combination drug

Boehringer Ingelheim Korea says it has recently launched Micardis Plus (telmisartan 80mg/hydrochlorothiazide 25mg). The combination drug is indicated for the treatment of mild to moderate hypertension in patients t...

Doctors change 50 different cold remedies per month

Doctors are inclined to change cold drugs so frequently, raising complaints from patients and pharmacies, according to a lawmaker. During the parliamentary inspection to the Ministry of Health, Welfare and Family A...

One-sided price-cut plan should be reconsidered, a lawmaker says

The government will have to reconsider its scheme to press pharmaceutical firms to lower drug prices, which is likely to damage the profits of the domestic medical sector, a lawmaker claimed. "We can't agree that p...

Health minister opposes introduction of open bidding system to general hospitals

Health Minister Jeon Jae-hee said that her ministry has no plan to implement compulsory open drug bidding system on general hospitals. The minister’s response came when Rep. Chun Jae-sook of the main opposition Dem...

Special prosecutor demanded for illegal rebate

A lawmaker demanded the health ministry appoint a special prosecutor could scrutinize related parties nationwide in relation to the illegal business practices by the pharmaceutical industry. “It has become a pervas...

Myungmoon to conduct bioequivalence testing on generic Tamiflu

Myungmoon Pham is waiting for approval to conduct bioequivalence test of their generic version of Tamiflu, according to the Korea Food and Drug Administration. Chong Kun Dang Pharmaceutical and SK Chemicals have re...

Pharmaceutical wholesalers to gear up for direct transaction with multinationals

The Korea Association of Pharmaceutical Wholesaler is speeding up its all-out plan to promote the direct dealing between multinational pharmaceutical companies and local drug wholesalers. According to industry sour...

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