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Patients and civic groups call for compulsory license over Roche’s AIDS drug
The government should break the Swiss drug giant Roche’s patent of AIDS drug Fuzeon by applying a "compulsory license" in a bid to protect the public interest, according to Korean patients and activists.
In a forum...
Drugmakers in race for OTC market
Domestic and foreign drugmakers are vying for a bigger share of domestic OTC market.
UCB Korea, a Korean unit of Belgium based UCB Group, is looking to expand their presence with Zyrtec (cetirizine) by offering var...
Hyperlipemia drugmakers face dilemma
It is a challenging time for domestic and foreign hyperlipemia drugmakers.
These companies face a bashing by from the government and outer negative factors – lowing price cut and failing to meet soaring raw materi...
Korean companies trying to tap huge obesity market with natural drugs
Obesity problem is on a rise and more and more people are using medication to aid in weight loss, including the me-too products of Reductil as well as other prescription only slimming pills. Nevertheless, obesity figu...
KFDA to get tough over postmarketing surveillance system
The Korea Food and Drug Administration will embark on looking into the postmarketing surveillance (PMS) system of the pharmaceutical industry as the PMS system has been utilized as a tool of promoting new products.
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7 generic drugs delisted from health insurance
The Ministry of Health, Welfare and Family Affairs announced on March 30 that seven generic drugs must be taken off the market due to lack of economic effectiveness.
Hyperlipemia drugs produced by Young Pharm, Otsu...
KPMA advocates Vision 2012
The Korea Pharmaceutical Manufacturers Association unveiled its plan to expand its annual spending on a range of research and development (R&D) activities to strengthen the country’s growth potential.
Under the pro...
Increased coverage for low-income earners
The government will increase health insurance benefits for low-income brackets and those in unemployment or retirement, the Health Ministry announced on March 30.
Those who make less than 50 percent of the average ...
Lawmaker calls for tax waiver over rare disease treatments
A lawmaker has proposed a revised bill that that the government should implement steps to waiver import duties and value added taxes levied on a medicine that treats a rare disease, such as Elaprase (idursulfase), Nag...
e-SCM system is emerging
Thanks to the Internet, supply chain management (SCM) now moves faster than ever before. The basic principles, however, are the same: optimize what you buy, when you buy it and where you buy or store it. Squeeze enoug...