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Testing of newly modified Korean anticancer drug approved by U.S. FDA
SK Chemicals Co., Ltd. said on August 11 it has received approval from the U.S. Food and Drug Administration to conduct advanced clinical trial of a drug for the treatment of cancer.
During the year 2008, the compa...
KFDA’s annual budget reduction planned
The new government plans to cut state budget to push up with a four-river project to control floods and improve the quality of water. As result, the Korea Food and Drug Administration submitted its 2010 budget plan of...
Green Cross, WHO to team up with global vaccine action plan
Green Cross Corporation said on August it has signed an agreement with the World Health Organization to jointly develop new influenza vaccines as part of the Global Vaccine Action Plan to mitigate the potential impact...
Bayer Healthcare to launch quiz event on Canesten vaginal tablets
Bayer Healthcare said it plans to hold a quiz event on its Web site between August 17-28, to enhance awareness of vaginitis.
Winners will be given will be given a variety of gifts, such as cleaner and cosmetics, a...
2 medical clusters picked
The government-private panel chaired by Prime Minister Han Seung-soo picked Osong of North Chungcheong Province and Daegu's Shinseo district as the sites for a 5.6 trillion won medical complex on August 10.
The gov...
Drug makers nervous on stricter rebate rules
Pharmaceutical companies are concerned over the government's move to strictly apply regulations on rebates.
Health authorities are sending warning signals to drug makers that cut the prices of drugs in question by...
Leading drug makers to cut corrupt ties with doctors
Some of Korea’s leading pharmaceutical firms are turning their eyes to a long-term growth by rooting out the provision of rebates and cut the corrupt ties in a bid to protect patients and ensure the financial stabilit...
Servier’s new treatment approved for coronary artery disease
Servier's pipeline drug Procoralan (ivabradine), the first pure heart rate-lowering agent, has recently received an approval from the Korea Food and Drug Administration for the treatment of chronic stable angina in pa...
People with hair loss on increasing trend
The number of patients with hair loss has significantly risen over the past seven years due to malnutrition and stress.
The number of people suffering from alopecia escalated to 165,000 last year, up 16 percent fro...
Trade deal to help Korean firms tap Indian market
A trade agreement with India is expected to help Korean medical device makers accelerate their inroads into Asia's third-largest economy and solidify their presence there, according to the Ministry of Health, Welfare ...