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Kim Young-Ran Law have 2 of 3 listed pharmas reduce entertainment expenses

2 of 3 pharmaceutical companies were observed to reduce entertainment expenses due to settlement of the Fair Trade Compliance Program and enforcement of the Kim Young-Ran Law. Yakup Shinmoon(www.yakup.com) analyzed l...

Pharma industry overpowering others in job creationg

While one of the most important tasks the Jae-In Moon administration is carrying out is to create jobs, pharmaceutical companies have been active in generating jobs. Right now, Hanmi Pharm is planning to recruit 200 ...

Daewha Pharmaceutical made IND application of Phase 2 clinical trial for breast cancer to FDA

Daehwa Pharmaceutical announced on the 18th that the company completed the IND(Investigational New Drug) application process for a Phase 2 clinical trial of paclitaxel, an oral ...

Mr. Sung-Rak Choi, expert in food field, appointed as Vice Minister of Food and Drug Safety

Sung-Rak Choi, Welfare Support Officer at the Minister of Health and Welfare(MOHW) Social Welfare Office, has been appointed as the Vice Minister of Food and Drug Safety. The government announced to appoint Mr. Sung-...

Expected difficulties for pharmaceutical distribution industry in supplying and demanding medicines on early October

Pharmaceutical distribution companies are going to encounter difficulties in suppling and demanding medicines during the long 10 days of holidays before and after the Korean Thanksgiving Day(Chuseok) on October again ...

Lixiana put up a great fight in NOAC market in beginning of 2nd yearly half

The Lixiana’s growth trend has drawn attention in the novel oral anticoagulant(NOAC) market in the beginning of the 2nd yearly half. The product not only showed an increase rate among other products on July compared t...

Listed pharmas significantly cut advertising expenses

Pharmaceutical companies were observed to significantly reduce advertising expenses as part of a strategy to control SG&A(selling, general and administrative) expenses this year. Hanmi Pharm, in particular, was surve...

Trendy ‘targeted therapy’ working on ulcerative colitis treatment too

‘Targeting’ has been a trend in the new drug development market for the past several years. New drugs had been developed with a mechanism of affecting the entire body, but the new drug paradigm is now changing to affe...

Pharmaceutical and distribution companies tense over change of wholesaler for 5 Paik Hospitals

Over the medicine supply to Inje University Paik Hospitals, it has been noisy in the pharmaceutical and distribution industries. This is because distributors supplying medicines to the Inje University’s 5 hospitals ar...

Who will become candidates for next KPDA chairman?

2 months ahead of election of the Korea Pharmaceutical Distribution Association(KPDA) chairman, there has been a lot of rumors about candidates for the next chairman. According to the industry, candidates, such as Na...

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