All Type of News
Restructuring drive unlikely to pick up pace
Restructuring of major pharmaceutical firms is expected to lose momentum as they intend to put emphasis on maintaining the number of employees with professional jobs.
Industry sources say pharmaceutical firms have ...
Weak won wreak havoc on drugmakers
Leading pharmaceutical companies are having serious difficulties, hit by the won's fall against the greenback and other major currencies.
“We are in an emergency to offset mounting losses from the weaker won in the...
KFDA reviews foreign GMP facilities
The Korea Food and Drug Administration has begun to review GMP facilities of Sandoz in India to ensure the generic quality of a lipid-lowering agent, a source said recently.
The administration launched a review gro...
Yuyu chairman wins award for promoting foreign investment
Yu Seung-pil, Chairman and CEO of YuYu Inc., won an award for his role in inducing foreign capital. He said that developing a strong pharmaceutical industry is a key issue in Korea. To this end, Battelle, Yuyu Inc., C...
Woman named head of Korean Pharmaceutical Medicine Society
The Korean Society of Pharmaceutical Medicine (KSPM) appointed Chi Dong-hyun, medical director and executive managing director of Abbott Korea, as its new president, the association announced recently.
The KSPM is ...
Doctors to benefit from incentives over substitution dispensing
A revision to the enforcement decree of the National Health Insurance Law will come into effect, following the passage from the Cabinet meeting on December 9.
The revision allows doctors to benefit from incentive, ...
Annual treatment costs showing downward trend
The nation’s rising treatment costs covered by the state health insurance has radically decreased due to the government’s strong measures, according to the Health Insurance Review and Assessment Service.
The decrea...
Waiver of GMP data for export oriented drugs eyed
The government will not require any GMP related dossiers in the approval process of export oriented drug applications as part of its efforts to boost pharmaceutical export, according to the Korea Food and Drug Adminis...
KPTA to boost pharmaceutical export
The Korea Pharmaceutical Traders Association unveiled its plan to open up new overseas markets next year, even amid business downturn around the world.
The KPTA will organize and dispatch trade missions and market ...
Wooridul, Turkey Police Agency agree to establish spine center in Ankara
Wooridul Spine Hospital and Turkey Police Agency signed a letter of intent on November 9 to establish a spine centre in Ankara, a capital of Turkey next year.
Scheduled for completion by next year with a 12 billio...
