All Type of News
KRPIA abides by code of marketing practice
The International Federation of Pharmaceutical Manufacturers and Associations (IFPMA) said that the Korean Research-based Pharmaceutical Industry Association has faithfully followed its Code Compliance Network in the ...
Trade deal corners local drug makers
Domestic drug makers should focus on the promotion of their leading OTC products to survive in an era of the free trade agreement, experts said.
They should pursue more profitable OTC field, away from the labor-int...
Pharmacists, doctors to cooperate
Cooperation between pharmacists and doctors in Pusan is picking up, with efforts to share opinions in activating aggravating management of clinics and community pharmacies.
Representatives from both Korean Pharmace...
Choong-wae releases new mousse-type hair dye
Choong-wae Pharm said on May 25 it has launched a new mousse-type hair dye with a blush in the brandname of Changpo Mousse.
The product is a quick and easy hair dye containing no harmful PPD and ammonia. The dying ...
Drug price controls to delay release of new drugs
The government has relied heavily on its regulation rather than competition to set prices, lowering drug spending through price controls applied to new and old drugs alike, according to a local professor.
In a semi...
Geoyoung looks to boost sales by 1 trillion won
Geoyoung Group expects this year’s sales will reach about 1 trillion won as it plans to take over Union Pharm’s pharmacy unit from next month.
The market value of Union Pharm’s pharmacy unit is estimated to be 25 b...
Codinus to take over Hanseo Pharm for 15 billion won
Codinus, a local biodrug distribution company, said on May 21 it will make a cash tender offer of up to 15 billion to acquire a controlling stake in Hanseo Pharm.
Corinus will hold a 24.03% stake of Hanseo stocks.
...
Kolon, Nruronex enter into strategic agreement
Kolon Pharmaceutical and Nruronex, a local biopharmaceutical company, have recently entered into a strategic agreement related to the marketing of a functional lotion developed by Nruronex.
Under this agreement, Ko...
Berna Biotech Korea wins global standard management award
Berna Biotech Korea received a global winner award on May 21 at Grand Hilton Hotel, the company said.
Held on an annual basis since 2004, the award is sponsored by the Korea Management Association and gives recogni...
KFDA to approve new flu vaccines within 6 months after application
The Korea Food and Drug Administration is considering giving new influenza vaccines a fast-tract approval as part of a move to rapidly increase both the number of manufacturers supplying Korea and boost the number of ...
