All Type of News
Local vitamin B market steams up
The domestic vitamin B market is set to heat up as Daewoong Pharm rushes to the game by selling its new vitamin B product ‘Impactamin Power’.
Impactamin contains the following B-vitamins: vitamin B1 (thiamine), B2 ...
CJ teams up with Jechon City to develop world oriental medicines
CJ Cheil Jedang Corp. and Chungbuk Technopark are to carry out a joint development for natural herbal medicines.
CJ Vice President Kim Heung-chang exchanged a memorandum of understanding (MOU) with officials from J...
US FDA approves Korean regenerative wound dressing
Sewon Cellontech said on August 31 that it has received approval from the U.S. Food and Drug Administration to market its TheraForm, an absorbable biomatrix membrane for wound dressing, in the US market.
The compan...
Kwangdong to supply 19 healthy drinks to US military installations worldwide
Kwangdong Pharm., a local pharmaceutical company specializing in both Oriental and Western medicine, said that it has signed an agreement with Defense Commissary Agency (DeCA) to supply its 19 healthy drinks, includin...
Drug price cuts haunt drugmakers
Concerns are growing over the government’s firm policy to cut the inflated drug prices by pushing up with its plan to provide cheaper drugs for patients.
The government has set standard prices for insured medicines...
President Lee shakes up his secretaries
President Lee Myung-bak replaced five of his nine senior secretaries in a secretariat reshuffle aimed at enhancing policy coordination, publicity and relations with the National Assembly, Cheong Wa Dae said on August ...
KFDA launches national emergency unit
The Korea Food and Drug Administration said on August 31 it will operate a national emergency unit to contain the H1N1 flu virus, which is spreading rapidly through community-level transmission, whose origin is uncert...
Myungmoon stocks set fresh records
Shares of Myungmoon Pharm jumped from 3,820 won to 6,650 won between August 25 and 28, after the company reported its agreement with Pharmswell Bio which has a capacity to produce Tamiflu.
The company said the agre...
Government to secure 3 million doses of flu vaccine from GSK
In a move to contain escalating pandemic flu fears, the government said on August 28 it will spend an extra 110 billion won to secure 10 million doses of vaccine for the influenza A virus this year.
The government ...
200,000 Koreans infected with flu for 2 years
The number of Koreans diagnosed with influenza has topped 200,000 for the recent two years, raising people's concerns over the flu, according to a government document.
“The number of flu patients has been on the gr...
