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Combined sales of 9 drugmakers surge amid slump

Overall, the nine top pharmaceutical firms – Dong-A Pharm, Yuhan Corporation, Hanmi Pharm, Green Cross Corporation, Chong Kun Dang Pharmaceutical, LG Life Sciences, Handok Pharm, Whanin Pharm and Yungjin Pharm - jumpe...

2nd case of influenza A confirmed, health ministry says

The Ministry for Health, Welfare and Family Affairs said on May 5 that the second case of influenza A has been confirmed from a 44-year-old nun who is living with a 51-year-old nun, the first Korean confirmed to be of...

Wooshin Medix wins patent disputes over risedronate sodium

Wooshin Medix has been making major strides by successfully winning patent disputes on risedronate sodium, which has been imported from Poland based Polpharma Co. Wooshin is going on step further in securing its ke...

Kim Dong-yeon named to head Ilyang Pharm

Kim Dong-yeon, vice president of Ilyang Pharm, was promoted on May 1 to the post of Ilyang president. Kim said he would improve competitiveness of the company through reinforcement of its R&D capacity. “Ilyang i...

Health insurance covers Tamiflu and Relenza

The national insurance covers Tamiflu and Relenza, antiviral drugs, from May 1, in the prevention and treatment of swine influenza, it was announced by the Ministry of Health, Welfare and Family Affairs on April 30. ...

KFDA to assess safety of clevudine

Now all eyes are on the Korea Food and Drug Administration Committee’s decision on the safety problems of Levovir (clevudine), an investigatory hepatitis B treatment. The KFDA will be given advice from the Central ...

Government urged to overhaul drug pricing policy

The ongoing price-cut linkage system with the use of drugs should be carefully implemented in a bid to ensure better financial stability of national health insurance, according to a local professor. In a recent for...

KFDA sets up Food and Drug Safety Assessment Agency

The Korea Food and Drug Administration said on May 1 it has launched a food and drug safety assessment agency by disbanding the National Institute of Toxicological Research. The agency will be responsible for takin...

Kolon to work with Topimed on anti-skin atrophy drug

Kolon Pharm said that it has agreed with Israel based Topimed LTD, a biopharmaceutical company, to work together in the development of a skin anti-ageing preparation. Kolon said that it signed a memorandum of under...

Government to raise SI vaccine production

Korea plans to double its stockpile of vaccines against swine influenze (SI) to treat 6.5 million people, according to the Ministry of Health, Welfare and Family Affairs. The ministry said the additional vaccine pr...

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