All Type of News
LG completes phase 3 trial for sustained release recombinant human growth hormone
LG Life Sciences Ltd., a Korean pharmaceutical manufacturer, said on June 11 that it has successfully completed phase 3, placebo-controlled six month efficacy and safety data in adults with growth hormone deficiency (...
Concerns growing over increasing number of drug wholesalers
There are concerns that ever-increasing number of drug wholesalers will adversely affect the whole wholesaling industry as the domestic pharmaceutical market shows clear signs of reaching saturation point.
However,...
Driclor solution gaining popularity
Stiefel Laboratories’ Driclor solution, antiperspirant, has been sold out due to its high popularity in customers.
“We have hurried to bring additional shipments into the country as Driclor sales this year more tha...
Kwangdong to market Apthera's breast cancer product NeuVax in Korea
Kwangdong Pharm said it has recently entered into a commercial license agreement with the U.S. based Apthera, Inc. for use of Apthera’s NeuVax, a peptide-based cancer immunotherapy product.
Under the agreement, Kwa...
Safety of products containing talc contaminated with carcinogenic asbestos reignites controversy
No one can exaggerate the harmful effect of asbestos, which is often called a silent killer. Many countries, including the United States and those in the European Union, are strictly regulating asbestos because it is ...
KFDA warns potential side effects for OTC pain relievers
The Food and Drug Administration issued a caution on June 10 to medical doctors and pharmacists about prescribing many popular over-the-counter (OTC) pain relievers, since they carry the risks of side effects.
Prod...
Zuellig Pharma Korea under siege
Zuellig Pharma Korea is facing a bleak business outlook as domestic wholesalers, including ZPK associate wholesalers, are poised to go all-out in an attempt to fight against ZPK’s low margin and collateral policies.
...
KDI backs OTC selling at supermarkets
The government will need to allow supermarket to sell OTC products, it will enable drug makers to compete within a more open distribution channel, according to the Korea Development Institute.
In a forum organized ...
Government sticks to positive list system
The government reaffirmed its position to push up with the current drug-pricing policy called “the positive list system,’’ saying it is too early to implement a referral pricing system.
In a recent forum, the healt...
CJ, Medipack agreed to work closely on amino infusion business
CJ CheilJedang signed a memorandum of understanding with Medipack Co. on June 9 in its bid to go global with all of amino infusion products, which will be wholly supplied by Medipack. Medipack is an amino infusion rel...
