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KPTA confirms nomination of new chairman

The Korea Pharmaceutical Traders Association confirmed on February 19 the nomination of Lee Yoon-yoo, chairman of Daihan Pharm Co., as new chairman ahead of its general meeting on February 26. The confirmation come...

Drugmakers seek risk-averse management amid economic slump

The majority of pharmaceutical firms here are expected to become more conservative this year in the wake of the ongoing global credit crunch and economic downturn, strengthening risk management and mobilizing the work...

HIRAS seeking to toughen bar code management

The Health Insurance Review and Assessment Service (HIRAS) and the Korea Chamber of Commerce and Industry (KCCI) agreed on February 19 to exchange information on drug related bar code system, facilitating the discover...

Dongwha seeking to secure cash

Dongwha Pharm said in regulatory filing that it plans to dispose of stakes in its plant and research center at Anyang, Kyunggi Province to Sungji Construction Co., to secure cash. Through the disposal, the company ...

Reshuffle backlash to challenge KPMA unity

As the proposed revision of article of incorporation in the Korea Pharmaceutical Manufacturers Association has failed to attract any support from many members of small- and medium-sized pharmaceutical firms, the KPMA ...

Pharmacists work longest hours: survey

Korean pharmacists work for the longest hours, according to a recent survey, but their income accounted for a half of other professionals. The survey of 229 pharmacists, conducted by Ulsan Pharmaceutical Associatio...

KMA head race getting tighter

The race for a new Korean Medical Association (KMA) chairman is getting tighter as big-name candidates enter the running for the post. Incumbent KMA Chairman Choo Soo-ho and Kyung Man-ho, the vice-president of the ...

Pharmaceutical stocks surge 4% on bio rally

Pharmaceutical stocks closed about 4 percent higher on Feb. 18 on sharp gains in local biopharmaceutical shares - Medy-tox Inc, RNL Bio Inc. and Orient Bio Inc. On news that total stock value of Celltrion posted No...

Attending university students to take Pharmacy Education Eligibility Test next year

Students attending universities and colleges will be asked to take a Pharmacy Education Eligibility Test (PEET) from next year and submit their scores for pharmacy college admissions, said a spokesman of the Korean As...

Kolon, Estech eye niche markets

Kolon Life Science and Estech Pharma are gearing up to increase investment in the biological and pharmaceutical ingredients business for more revenues. Kolo says it has been developing a cell-mediated gene therapy ...

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