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Rapid increase of bioequivalently recognized medicines due to expiration of originals like Tamiflu and Talion
An enormous number of generic drugs have been launched after patent expiration of original products like Tamiflu and Talion. Thus, there are more medicines recognized by bioequivalent test in the 2nd half of the year....
Hanmi’s ‘Rosuzet’ records highest sales growth rate in 1st half among Korean medicines with more than KRW 10 billion sales
Among Korean pharmaceutical companies’ products which record more than KRW 10 billion sales, a product which had the highest growth rate in the 1st half of the year was Hanmi Pharm’s ‘Rosuzet.’
According to an analys...
SK Chemicals passes preliminary examination for re-listing after spinoff
The Korea Exchange’s securities market headquarters announced on the 22nd that SK Chemicals passed a preliminary examination for re-listing after creating a spinoff.
SK Chemicals is planning to divide its business in...
66.7% of respondents know about Nagoya Protocol, hardest part is ‘legal conflicts’
6 to 7 of 10 employees in the Korean biologic manufacturing and research fields are observed to know about the Nagoya Protocol.
The National Institute of Biological Resources(President Woon-suk Baek), a governmental ...
Will tightened administration of distribution business weaken services for pharmacies?
As their business is getting tighter and tighter, the pharmaceutical distribution industry has started to have concerns that their services for pharmacies would get narrower in the future.
According to the industry c...
Novartis rebate trial starts witness examination about reports to CEO
The Novartis’s rebate trail has actively started. It now started to verify details to check if the company shared reports about provision of rebates.
The Seoul Western District Court Criminal Department 5(Judge Deuk-...
MOHW turns down rumors about retroactive application of administrative measures after grace period
The Ministry of Health and Welfare(MOHW) reconfirmed its stance to calm various anxieties in part of the distribution industry, retroactive application of administrative measures, and address issues through consultati...
Celltrion carries out process to transfer from KOSDAQ to KOSPI
Celltrion held a board meeting on the 21st and resolved to have an extraordinary general meeting to discuss about a change of stock market. The meeting is scheduled to be placed at Songdo Convensia in Incheon at 10am ...
Fines imposed on a drug having no substitute for exposure of illegal rebates
If a drug exposed for illegal rebate has no clinical substitute, suspension of health insurance benefit will be replaced to a fine.
If a drug cannot be prescribed, supplied or distributed, has a risk to cause serious...
2 of 3 listed pharmas recording operating profit/sales ratio less than 10%
It was observed 2 of 3 listed pharmaceutical companies had an operating profit/sales ratio less than 10%, and there were also 10 companies recording less than 3% that is close to a level of pharmaceutical distribution...
