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Lawmaker to propose bill promoting pharmaceutical industry

A ruling party lawmaker Rep. Won Hee-mok will submit a special bill allowing the government to support the domestic pharmaceutical industry. Rep. Won said in a forum that the government should work out measures to ...

Pharmacists oppose government deregulation plan on service industry

The Korean Pharmaceutical Association and the government will clash over a deregulation plan in the broadcasting, telecom and service industries. The government plans to overhaul the business licensing system - any...

Government to get tough over drug barcode system

Drug makers who failed to attach or register corresponding drug barcodes will face administrative disposition from next year, according to the Health Insurance Review and Assessment Service (HIRA). A HIRA official ...

Taejeon operates large logistics center in metropolitan area

Taejeon Pharm, a local wholesaler based in North Jeonbuk Province, is expanding its sales network in some metropolitan areas through construction of a large-size logistics center in Pyungtaik of Kyunggi Province. T...

Myungin eye listing on KOSPI in 2009

Myungin Pharm says the firm is filing an application with the Korea Exchange (KRX), the operator of the KOSPI and Kosdaq, for a review of its listing in the first half of next year. The Financial Supervisory Commis...

97% of drug makers will continue pharmaceutical business: survey

A great majority of domestic pharmaceutical companies will not cease their pharmaceutical business in fierce competition and unfavorable outer environments, according to a survey released recently. The survey, cond...

Unlicensed people to open specialized businesses

Unlicensed people will be able to open specialized businesses, such as hospitals or pharmacies, as long as they hire a person with the appropriate license to operate it. The government announced on September 18 a s...

Korean AIDS patients and activists calling for compulsory license of Fuzeon

Korea should move a step closer to breaking the drug patent of Fuzeon by asking the Swiss drug giant Roche for the right to copy the product so the country can slash medication costs, according to Korean AIDS patients...

Hanmi selected as high-growth, high-revenue enterprise

Hanmi Pharm has strengthened its presence as one of the nation’s promising enterprises in terms of growth and profit, according to the Samsung Economic Research Institute. The institute said in a report that of the...

Wyeth Korea to set to implement flexible working system

Wyeth Korea is trying to create an effective corporate culture through introduction of a flexible working system, according to a company official. A flexible working principle has numerous benefits in terms of the ...

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