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Approval procedures for 4 new vaccines under way

Four local pharmaceutical companies have embarked on the approval application of their new swine vaccines, health officials said on September 18. Boryung Pharm and Hanwha Pharm are seeking to receive their green li...

Choong-wae wins US patent for Wnt target anticancer agent

Choong-wae Pharm said on September 18 it recently won the U.S. substance patent for the building-block molecules of Wnt target anticancer drug (code name: CWP231A). “We have a plan to explore overseas markets for w...

Flu fear boosts vitamin C sales

Sales of Lemona C, a locally popular vitamin C brand, have surged for the recent three months due to growing concerns over the rapidly spreading H1N1 flu virus, according to Kyungnam Pharm. “The grow rate of Lemon...

Dongsung to release buccal insulin product in 2011

Dongsung Pharm plan to introduce oral insulin (Oral-lyn) for the treatment of subjects with Type-1 and Type-2 diabetes in January 2011. In August 2008, Dongsung obtained exclusive right to market Oral-lyn in Korea ...

71 side effects reported in swine flu shot

There have been a total of 71 minor adverse events from the first set of injections of the new vaccine (GC1115), the Korea Food and Drug Administration said on September 18. Because the side effects in adults (e.g....

OTC products should be sold at supermarkets, NARS says

The National Assembly Research Service (NARS) has recently called for the government to allow over-the-counter (OTC) drugs to be sold at supermarkets and other non-pharmaceutical stores. The NARS said on its report...

KFDA publishes guideline on independent data monitoring committee

The Korea Food and Drug Administration said it has published a guideline on independent data-monitoring committee (IDMC) as an overview guide to highlight the key issues involved when sponsors include data monitoring ...

Clevudine to be released in the Philippines

Bukwang Pharm said on September 17 that its homegrown medicine clevudine (generic name) will be launched in the Philippines by HI-Eisai Pharmaceutical Inc. a subsidiary in the Philippines of Eisai Co., Ltd. The Bur...

Flu marketing for hand sanitizers is losing momentum

Despite the warnings by health authorities against influenza A (H1N1) related advertising, a growing number of Korean pharmaceutical firms are racing to exploit fears for quick revenue, and have been stocking stores w...

Drug makers achieve record sales in August

Pharmaceutical companies recorded the highest monthly sales of prescription drugs in August, according to market analysts. Pharmaceutical manufacturers raked in 776.2 billion won in sales in August this year, up 18...

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