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KMA to introduce direct voting

Influenced by a low turnout rate, the Korean Medical Association announced on April 26 it decided to choose indirect voting system from the next election campaign. Since the chairman election in 2001 when the KMA i...

Pfizer Korea recalls defected products of Lyrica

Pfizer Korea said it is initiating a recall of Lyrica (pregabalin) finished product lot No. 0505058 (expiry date: May 18, 2011) due to some of bloated capsules in the bottles (150mg x 60 capsules) that were found in e...

Handok, AEterna Zentaris sign licensing agreement over oral anti-cancer agent

Handok Pharm announced on April 23 announced the signing of a licensing agreement with Canada based AEterna Zentaris Inc. to distribute Perifosine in Korea, a novel, potentially first-in-class, oral anti-cancer agent ...

Neomics announces appointment of Dr. Kim Sun-kyu as new director

Neomix Co., a local biopharmaceutical firm, has recently announced the appointment of Dr. Kim Sun-kyu (40 years old, photo) as its new director during the shareholder meeting, under the recommendation of Novartis Kore...

Suspicion arises over sudden termination of Phase III clinical trials with clevudine

Bukwang Pharm has questioned on Pharmasset’s April 20 announcement to voluntarily halt its Phase III QUASH studies of clevudine for the treatment of chronic hepatitis B (HBV) infection, amid reports that the two sides...

Drug agency to probe safety of Levovir

The Korea Food and Drug Administration has recently announced it will examine on May 2 the safety of Levovir (clevudine) that is confirmed to have caused serious myopathy in patients with hepatitis B. The announcem...

New marketing tools to boost pharmaceutical industry

The government will step up its fight against chronic illegal rebate practices whereby doctors and pharmacists receive money from drug makers in return for prescribing or recommending their products. The Fair Trade...

Power transfer is likely to begin at Daewoong

Daewoong Group conducted a reshuffle at its top echelon on May 1. With the appointment of Yoon Jae-hoon as vice chairman of Daewoong Pharm, Daewoong has set itself on a path of power transfer to Yoon Jae-hoon, the ...

Green Cross releases Zenol stick

Green Cross Corporation says it has launched Zenol in the form of stick in addition to a variety of conventional types. The stick delivers its active ingredient through direct contact with the skin over a long peri...

Hospital bidding prices stir debate

Pharmaceutical firms and wholesalers have waged fiercer campaigns to raise their hospital market share with far lower bidding prices at hospitals, according to a lawmaker who cited data of the Health Insurance Review ...

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