All Type of News
‘Prohibition of advertisements for OTC drugs consumed as ETC is immoderate’
An opinion was shared that a bill to prohibit advertisements for OTC drugs that are similar to a ETC drug is an immoderate regulation.
Young-Hwan Seok, a senior expert member at the Health and Welfare Committee, said...
FTC’s inspection on unfair uses of patent rights in pharmaceutical and bio-tech fields
The Fair Trade Commission(FTC) will inspect unfair uses of patent rights in the pharmaceutical and bio-tech fields.
Fair Trade Commissioner Sang-Jo Kim announced a plan to carry out the 5 key projects in the followin...
Medicine- or drug-related names can only be used by drug manufacturers or sellers from December
Every business owner, but pharmaceutical manufactures and sellers, will be imposed a fine for using a name similar to medicine and drug from the coming December.
The Ministry of Food and Drug Safety gave a pre-announ...
Distribution association decides to take strong actions on MSD’s low-margin ‘Zepatier’
The pharmaceutical distribution industry has attracted attention as giving a notice of aggressive action to products with very low margins.
The Korea Pharmaceutical Distribution Association held a Chairmen’s meeting ...
Peak seasons for different medical departments
Different medical departments have a different season to have a crowd of patients. A department of ophthalmology gets busy with eye trouble patients during summer due to swimming, and a peak season for orthopedics is ...
Hospitals and clinics purchasing medicines less than KRW 30 billion exempted to obligated payment
Organizations purchasing medicines worth of less than KRW 3 billion a year, like hospitals and pharmacies, will have an exception to the payment obligation.
The Ministry of Health and Welfare(Minister Neung-Hoo Park,...
‘Zemiglo trial’ prolonged for a while, expected to take even longer
The Zemiglo license lawsuit between LG Chem(former LG Life Sciences) and Sanofi-Aventis has been prolonged due to several changes of date.
On the 14th, the 17th Civil Division at the Seoul Central District Court deli...
Kolon Life Science conducts overseas marketing services to attract foreign patients for ‘Invossa’
Kolon Life Science(CEO Woo-Seok Lee) announced on the 13th that the company signed a strategic MOU for Invossa K Inj to attract foreign patients with the Korea Medical Tourism Promotion Association(President Chun-Ki J...
Eased responsibilities for challenging research failures
In order to promote R&D, the government will ease responsibilities for failures, but tighten restrictions on repeated wrongful uses of R&D expenses.
The Ministry of Trade, Industry and Energy(Minister Woon-Kyu Baek, ...
Loopholes of preferential sale approval system causes damages on pharmas
Loopholes of the preferential sale approval system, which was implemented to shorten times to commercialize generics drugs by nullifying an original product’s patent, have caused delays for generics to be launched eve...
