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Battle gets fiercer over pharmaceutical market
Domestic pharmaceutical firms are likely to wage fiercer campaigns to raise their market share as some of multinational pharmaceutical firms have intensified marketing activities in a bid to take up more sizable share...
Korean officials meet with USTR over positive list system
Korea’s trade representatives met with their U.S. counterpart in Washington to boost its bilateral trade ties between the two countries, according to the Ministry of Foreign Affairs and Trade on October 31.
U.S. of...
Market for Cozaar generics getting heated
With many global makers' blockbuster products coming off patent, the race for the generic drug market is set to be in full force in the fourth quarter of this year.
The drug recently at the center of attention is t...
Three Korean CEOs get promoted at Janssen Korea
Korea’s three presidents at Janssen Korea – Park Je-wha, Chi Tae-won and Kim Sang-jin, got promoted to the position of general managers in Asia-Pacific region this year, according to a company’s spokesperson said.
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Selling of drug by speedy courier service is unlawful: court
A pharmacy cannot sell any drugs through a “quick service'' courier, a court ruled recently. A local court in Suwon ruled in favor of Hwasung city of Kyunggi Province which fined 3.72 million won against a pharmacist,...
Turnover of 12 drugmakers up12.5%
The combined turnover of the 12 major domestic pharmaceutical manufacturing firms for the January-September period of this year marked a growth rate of 12.5 percent on average from the same period of year, according t...
Lawmaker to propose bill for boosting pharmaceutical industry
Rep. Won Hee-mok of the ruling Grand National Party said on October 30 that he would propose a special bill that would promote the development of the local pharmaceutical industry.
“Drug makers should launch a war ...
Civic groups calls for rapid re-negotiation of Glivec price
Activists are re-directing most of their rage at Novartis.
The coalition for the Right to Access Glivec in Korea and the Korea Federation of Activist Fighting for Health Rights said that the National Health Insuran...
AZK managing director named general marketing manager of Asia-Pacific regionAstraZeneca Korea (AZK) appointed Dr. Park Sang-jin, managing director in charge of digestive/respiratory business unit, as its general marketing manager of Asia-Pacific region ...
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50% of NSAIDs-receiving patients with arthritis receiving will have risk of GI bleeding
Nearly half of Korean patients with arthritis who have received nonsteroidal anti-inflammatory drugs (NSAIDs) will be exposed to a risk of severe gastrointestinal (GI) disorders, such as gastric bleeding or ulcer.
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