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Government to strengthen children’s safety container regulations

The Ministry of Health, Welfare and Family Affairs will toughen rules on safety container regulations for children, it was announced on December 29. Under the regulations to be revised in the first half of next yea...

54% oppose health insurance premium hike

Six in ten people are opposed to raising the National Health Insurance premium to expand the coverage, the National Health Insurance Corporation said recently. According to a survey of 2,000 adults aged 19 years or...

Ilyang, Nutra to join forces in new drug R&D

Ilyang Pharm and Nutra R&BT Inc., a local biopharmaceutical company, have agreed to join hands to develop new for treatment of arthritis, stroke and atopic disease, including antioxidants so that they can stay competi...

Kang named COM of Novartis headquarters

Switzerland based Novartis Inc. appointed Kang Jae-hoon as its clinical operation manager (COM), responsible for overall business of multinational clinical trials in International Clinical Research Operations (ICRO) a...

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 ...

KFDA publishes new guideline for bridging study

The Korea Food and Drug Administration says it has formulated a new guideline aiming to assess foreign bridging studies in Korea. The guideline covers the submission scope of bridging study data related to the appr...

Pfizer Korea under fire over payment terms

Pharmaceutical giant Pfizer is accused of flexing its muscle by demanding more excessive payment terms, such as bank’s payment guarantee over bonds issued by hospitals, inviting criticism from domestic drug wholesaler...

Leading wholesalers call for rooting out illicit practices

28 pharmaceutical wholesalers are rolling up their sleeves to stamp out their irregular business practices as the government plans to intensify its probe over illegal rebates. The Korea Association of Pharmaceutica...

Handok joins up with Orient Europharma over Loramyc

Handok Pharmaceuticals announced on December 24 that it has signed a licensing agreement with Taiwan’s Orient Europharma Co. Ltd. for the exclusive distribution rights in Taiwan, Singapore and Malaysia of Loramyc muco...

Mvix to use unique hologram on the pack

SK Chemicals said on December 29 that it will make use of a unique hologram on the pack of Mvix 100 mg (mirodenafil 2HCL 100mg) from January 1, 2009. The company said that to promote the responsible use of Mvix wor...

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