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Wyeth Korea unionists end strike
The strike by Wyeth Korea unionists ended on January 12 after a pay deal agreement of 9.3 percent was reached between union leaders and management, creating a win-win spirit between the parties.
Under the agreement...
KFDA approves Bausch & Lomb’s loteprednol etabonate 0.5%, 0.2%
The Korea Food and Drug Administration has given a green light to Bausch & Lomb’s loteprednol etabonate 0.5% and 0.2% for treatment of allergic disease.
Loteprednol etabonate 0.2% ophthalmic suspension is used for ...
Ildong files patent for PDF inhibitors
lldong Pharm said it has recently filed a patent for novel peptide deformylase inhibitors and manufacturing methods thereof in U.S., Japan, Europe as well as Korea
Peptide deformylase (PDF), a metallohydrolase esse...
Shinpoong to build 33 billion won plant
Shinpoong Pham said it will invest about 33 billion won to build a plant producing cephalosporin antibiotics, according to a regulatory filing on January 12.
“To enter the U.S. market following the free trade agree...
Stable growth will give big boost to leading pharmaceutical shares
Boosted by flagship ethical products and more eased pricing rules on generic products by the government will give a green light to stocks of major pharmaceutical firms, such as Dong-A Pharm, Hanmi Pharm and Bukwang Ph...
Cialis to be available for once daily use
Lilly Korea says it will launch Cialis (tadalafil) 5 mg for once daily use, an oral medication taken once per day to treat erectile dysfunction (ED).
When Cialis for once daily use is taken daily, men can attempt ...
Kangdong launches S-amlodipine preparations
Kwandong Pharm has launched S-amlodipine besylate (3.74 mg) to expand its share in domestic hypertensive drug market.
S-amlodipine is a long-acting calcium channel blocker (dihydropyridine class) used as an antihyp...
Medical tour guide center to be opened
Cosmojin Tour is considering opening a foreign medical tour guide center in the first quarter of this year.
The tour agency announced that it is working to open such guide center in Seoul to attract foreign tourist...
1% hike in health insurance premium totals 261 billion won in medical expenditure
1% hike in health insurance premium totals 261 billion won in medical expenditure
The total healthcare expenditure will become 261.5 billion won if the health insurance premium increases by 1.00 percent point in ...
KPMA reshuffle on track
Organization reshuffle by the Korea Pharmaceutical Manufacturers Association is expected to gain momentum as the KPMA launched a task force team of pharmaceutical industry research composed of three experts from Janua...