All Type of News
Ildong shareholders voted against Ahn nominees
Ildong Pharm announced on June 29 that shareholders voted against the election of the second-largest shareholder Ahn Hee-tae nominees at the regular shareholders meeting.
Many shareholders said that electing the di...
Weight control drugs on hot market competition
Leading Korean companies, including Ilsung Pharm and Chong Kun Dang Pharm, have recently launched weight control drugs, which were formulated with a modified or generic ingredient that had kept enjoying its weight con...
Handok releases once daily Amaryl Max
Handok Pharm said it has recently launched once daily Amaryl Max (glimepiride plus metformin HCl) for treatment of type 2 diabetes.
Amaryl Max is a better treatment option than glimepiride if weight gain and hypogl...
Boryung launches new ulcer drug
Boryung Pharm said it has recently released Stogar (lafutidine), a newly developed histamine H(2)-receptor antagonist.
Stogar is indicated for treatment of Helicobacter pylori and inhibits daytime (i.e., postprandi...
Health ministry to raise pharmacy school quota to 1,600 in 2011
The pharmacy school quota will be expanded to 1,600, an increase of 390 from the originally fixed number of 1,210 at 20 schools of pharmacy nationwide, when the 2011 school year opens, according to the Ministry of Hea...
Government to increase insurance coverage over 65 medicines
The government announced on June 28 revised terms for 65 drugs which can be covered by national health insurance in terms of medical needs, while 30 medicines, including galantamine HCl, methylphenidate, daclizumab an...
GSK unlikely to raise wholesaler margin
GlaxoSmithKline will not raise wholesaler margin in consideration of its relationship with Zuellig Korea.
Kim Chung-ho, managing director of GSK said in a local workshop that the company is willing to support a ban...
Drug makers tightens preventive measures against possible damage
Pharmaceutical salespersons have been busy collecting drug distribution related information affecting their companies, such as financial status of hospitals, wholesaler and pharmacies.
“The collect information is q...
350,000 elderly people to benefit from long-term health care next year
The government plan to expand the coverage of long-term health care to 350,000 senior citizens aged 65 or older, from 260,000 people this year, according to the Ministry of Health, Welfare and Family Affairs on June 2...
Multinational pharmaceutical firms occupy 35% market share
Over the years, Korean firms had to give up the home market to powerful global companies coming in with good medicine and better marketing strategies.
According to the IMS Korea, non-Korean firms' market share mode...
