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Impending KFDA shakeup

The government is expected to accelerate reform in the health and medical sector through its imminent reshuffle of the Korea Food and Drug Administration. “Through the planned KFDA shakeup, the government aims to s...

Boryung conducts personnel reshuffle

Boryung Group promoted Kim Eun-sun, who has served as a vice chairman, to chairman in a regular personnel shakeup. S-Oil also promoted Kim Eun-jung, who has served as vice Chairman of Boryung Medience, to chairman...

Kolon Pharm to launch new drug for diabetic retinopathy

Kolon Pharm says it will launch Kanakulin (kallidinogenase), a new medicine for treatment of diabetic retinopathy during this month. Developed by Sanwa Kagaku Kenkyusho Co. in Japan, Kanakulin is a proteolytic enzy...

Boksan Pharm names new CEO

Boksan Pharm, which will mark its 57-year foundation this year, has appointed Sung Moon-kyung, its vice president, as new CEO of a pharmaceutical wholesaling firm. Boksan officials said Sung is credited with his le...

Leading pharmaceutical firms fail to finalize business plan

With a gloomy prospect that Korea's key industries are expected to suffer from a full-fledged global economic downturn this year as a result of the international financial market meltdown, major pharmaceutical compani...

Special contributions: Prospect for domestic pharmaceutical industry in 2009

The following article is contributed by IBK Securities Research Center. – Ed. - Korea's economy is headed into a tough new year, with policymakers desperately trying to shield it from the headwinds of a worldwide ...

Public health centers, pharmacists to look into frequently used OTC products

Public health centers and 1,097 pharmacists will embark on looking into the prices of frequently sold OTC products nationwide, according to the Ministry of Health, Welfare and Family Affairs recently. The ministry ...

Park named head of health and medical policy bureau

Park Ha-jung, 52, has been named as head of health and medical policy bureau, the Ministry for Health, Welfare and Family Affairs said on December 30. “Park is a health and medical specialist in our ministry. We ex...

Daehan Pharm conducts shakeup

Daehan Pharm has recently announced changes to its top management. Following the reshuffle, Daihan appointed Lee Dong-il, ex-president of Hanil Pharm, as its new chief executive from January 1, 2009 in what is seen...

Sales of leading drug wholesalers up 10% this year

This year’s sales growth of the domestic large wholesalers achieving more than 200 billion won are expected to reach about 10 percent on average, according to data released by Yakup Shinmoon. Consolidated sales of ...

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