All Type of News
Drug makers may spend 20% of revenue on R&D
Cleanup drive to sweep the local pharmaceutical industry will give drug makers an opportunity to invest the money saved from the elimination of illegal rebates into research and development by 20 percent, according to...
Sanofi-Aventis to strengthen R&D in Korea
Sanofi-Aventis, a France-based pharmaceutical company, plans to strengthen research and development (R&D) capability in Korea in cooperation with local research institutes to step up studies in major fields of medicin...
Bayer Schering holds cardiovascular risk management symposium
The third Crdiovascular Risk Management Symposium Asia-Pacific 2009 was held in Grand Intercontinental Hotel in Seoul, entitled “Improving Cardiovascular Disease Outcomes Through Integrated Management”, Bayer Schering...
Effectiveness of placenta extract liquids to be made public
The Korea Food and Drug Administration plans to publish the clinical usefulness of liquid preparations containing placenta extract within this month, although they are now classified into over-the-counter drugs.
Cu...
20% price cut haunts drug makers
The government’s unilateral plan to lower the medication costs if pharmaceutical firms are found to be implicated in any unfair deals in the future.
The Korea Pharmaceutical Manufacturers Association said the plan ...
Drug-related administration to be overhauled
The Korea Food and Drug Administration has announced that a series of measures will be adopted to reform drug related administration and thus ensure transparency in screening drug-drug application.
Applicants for d...
Imports of harmful excipients to be banned
The Korea Food and Drug Administration plans to strengthen import inspections to prevent harmful excipients and additives, including talc products containing asbestos, from being brought into the country.
The measu...
Concerns growing over health insurance fund
The plan aiming to create the health insurance fund, which has been raised by some legislators, will decrease coverage for advanced illnesses, according to a local professor.
In a seminar hosted by the National Hea...
China to spend 130 billion won over new R&D center
China plans to spend 130 billion by 2010 to construct new 12 R&D centers including GLP laboratories with an aim to transform the country into one of the world’s top countries in the research and development field, acc...
Legislator introduces rebate-related bill
Rep. Park Eun-soo of the opposition Democratic Party has recently introduced a bill to amend the national medical and pharmaceutical affairs law that would establish the legal grounds to suspend the licenses of doctor...
