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Pharmaceutical firm’s compliance program for fair trade loses momentum

Efforts of pharmaceutical companies for self-purification to root out illicit practices have lost its early momentum in the face of prevailing irregular business practices, according to pharmaceutical business sources...

Parties differ over monthly report of OTC sales

The governing and pharmaceutical companies, including wholesalers, will clash over the government's plan to report the monthly supply of all medicines including OTCs to the Korea Pharmaceutical Information Service (KP...

Health ministry considers imposing less fines on drug makers

The Ministry of Health, Welfare and Family Affairs said on September 29 it is considering imposing less fines on pharmaceutical firms who are found to fabricate the bioequivalence testing data. The planned five-fol...

Friedrich-Wilhelm Gause named Bayer Healthcare chief

Bayer Healthcare has appointed Friedrich-Wilhelm Gause, general manager of Bayer-Schering’s global computed tomography business unit, as the company’s new president, the company said on October 1. His appointment c...

Choong-wae Holding debuts eco-friendly BI design

Choong-wae Holding has recently introduced the eco-friendly brand identity symbol mark and slogan. The company said that newly introduced eco-friendly symbol mark is a new design concept combing three environmenta...

Pricing criteria of chemically modified medicines to be partially modified

The Ministry of Health, Welfare and Family Affairs unveiled its plan to partially modify the pricing criteria of chemically modified medicines, which was announced on September 5. The ministry’s official Ha Tae-kil...

7 Plavix generics to re-benefit from health insurance

The Health Insurance Review and Assessment Service says several Plavix generic products from seven pharmaceutical firms will be re-eligible for health insurance, paving a way to re-negotiate their health insurance pri...

Dongwha marks 111th founding anniversary

Dongwha Pharm had an event to mark the 111th anniversary of the founding of the company. The event was held at Anyang plant in Kyunggi Province with the attendance of Chairman Yoon Do-joon, employees and their fami...

Bayer Healthcare holds 20th anniversary for Ciprobay

Bayer Healthcare hosted an event to celebrate the 20th launching anniversary of Ciprobay (ciprofloxacin), a synthetic antibiotic that belongs to a group called fluoroquinolones. A commemorative ceremony took place ...

BMS named to Working Mother’s 100 best list

Bristol-Myers Squibb Company was selected for the 2008 Working Mother Magazine’s "100 Best Companies" for 11 consecutive years and named to Top 10 list” this yaer. “Even during times when the external business envi...

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