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Pharmaceutical, bio industries square off over pharmaceutical promotion law
The conflict is deepening between the local pharmaceutical companies and the Bioindustry Association of Korea over the recently disputed pharmaceutical promotion act.
The association is still holding to its positio...
Rebate provision is still rampant
Rebates are rampant in the medical world where drug makers support or finance seminars, golf tours or other events in return for the promotion of their products.
Most of leading pharmaceutical companies have offere...
Daewoong to release new package form of Ursa for young women
Daewoong Pharm plans to market a new package form “Alpha Ursa” for female customers next month.
The product will appeal to many young women who experience skin trouble as the company aims to publicize the prophylac...
Two Boryung executives win prize at Korea Commerce & Industry Day
Boryung Pharm said that managing director Kim Ji-whan and director Lee Moon-sun won the Knowledge Economy Minister's prize at the 36th Korea Commerce & Industry Day for recognition of their contribution to promoting t...
Pharmacists calls for designation of Drug Day
Pharmacists have urged the government to designate November 18 as Drug Day, making it national holiday.
The Korean Pharmaceutical Association, including other seven organizations, said in a statement that the Drug ...
Korea Prime Pharm to get 2 billion investment
The Korea Development Bank said it has invested 2.0 billion won in Korea Prime Pharm in a form of capital investment, following the investment decision of Korea Credit Guarantee Fund last December
Both sides signed...
Oscotec files IND application to US FDA
Oscotec Inc. said it has filed an application of its osteoarthritis medicine OCT-1547 to the US Food and Drug Administration and EMCA in Europe, it was announced on March 19.
OCT-1547 inhibits the differentiation a...
Binex eyes Vietnamese market
Binex is exploring overseas market to boost sales of its own cell therapeutics.
The company signed a memorandum of understanding with a local hospital in Vietnam to supply its cell therapeutics there.
Binex is a...
Medical tourism forum opens
Healthcare service providers and medical tourism marketers gather in at COEX InterContinental Hotel in southern Seoul for an online medical tourism forum.
Hosted by Google Korea, the forum was held as part of the G...
New drugs essential to sustained company growth
Domestic drug makers should focus on research and development of new drugs to survive in business slump, experts said.
Such research-oriented pharmaceutical firms as Dong-A, Bukwang, Yuhan and Yuyu marketed relativ...
