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Tamiflu expiry date can be extended, KFDA says
Tamiflu's five-year shelf life can be extended by two years, the Korea Food and Drug Administration said in a statement dated August 25.
The KFDA said it had already conducted the controversial three batches of Tam...
Flu epidemic may weight on health insurance
The National Health Insurance Corporation said on August 25 that the fast-spreading influenza could force the national health insurance to spend more money to cover antiviral drugs.
There have been growing concerns...
3 drugmakers involved in 7 biosimilar related projects
Three pharmaceutical firms – Kuhnil, Daewoong and Ildong – have been engaged in the local biosimilar business with seven research projects, according to a recent survey of 26 pharmaceutical firms conducted by the Kore...
Ilyang to produce flu vaccines
Pharmaceutical company Ilyang Pharm will become a new vaccine producer, a company spokesperson said on August 21.
Ilyang is expected to break ground for the vaccine factory in Jechon, North Chungcheong Province.
...
Drugmakers to face tough times
Local pharmaceutical firms are likely to face tough times ahead as the health ministry is poised to reduce drugs costs by investigating the actually transacted drug prices.
Aimed at providing cheaper drugs for pati...
Korea urged to cope with vaccine shortfall
Many point out that the storage of antiviral drugs to fight the virus after infection isn't enough either.
Korea has managed to secure about 5.3 million doses of Tamiflu and Relenza, but they are far less than the...
Government to secure more 5 million doses of flu vaccines
The government plans to purchase 5 million doses of Tamiflu before the end of the year, enough to treat over 10 million people with antiviral drugs, the prime minister's office said on August 24.
The decision came ...
Pharmaceutical, biotech stocks set fresh records
Pharmaceutical stocks closed higher on August 24 on hopes of stronger earnings, as H1N1 influenza has once again become a national public health concern in Korea.
The share prices of Green Cross, Chong Kun Dang Pha...
Health insurance to cover 18 new items
The Ministry of Health, Welfare and Family Affairs said on August 25 that a total of 18 new drugs, including Strattera (atomoxetine) and Mircera injection (methoxy polyethylene glycol-epoetin β), will get listed for h...
Korea mulls compulsory licensing over Tamiflu
The Ministry of Health, Welfare and Family Affairs said that the government is considering taking a compulsory measure that stops the patent periods of antiviral agents, including Tamiflu and allows the domestic produ...
