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Kuhnil Pharm acquires approval of Omega-3/rosuvastatin combination drug for first time in the world

Kuhnil Pharm(CEO Young-Joong Kim) announced approval of Rosumega SC(generic name: omega-3-acids ethyl esters 90 + rosuvastatin) from the Ministry of Food and Drug Safety on the 31st of July. Rosumega SC will be used ...

1 of 3 listed pharmas spends 40% of their sales into SG&A

It was observed 1 of 3 listed pharmaceutical companies had a SG&A(selling, general and administrative) expense/sales ratio more than 40%. The ratio that is higher than other industries has worked as an obstacle of inc...

‘Zero case of serious adverse drug reaction’ unlike concerns about HPV vaccine

73.5% of the reasons why parents decided not to follow the Human papillomavirus(HPV) vaccination program for 12-year-old children was their concern of side effect, but it was reported there actually was no case of ser...

Minister Young-Jin Ryu, “We’ll widely promote the medication damage relief program”

Minister Young-Jin Ryu of Food and Drug Safety announced to put more efforts on promoting the medication damage relief program. It was an answer to an item suggested by The Minjoo Party Rep. Jae-Geun In at a Q&A sess...

HIRA gave notice of health insurance benefits for Keytruda and Opdivo

The Health Insurance Review & Assurance Service(President Seung-Taek Kim, HIRA) decided a revision bill for the ‘Details of Health Insurance Benefit Application Standards and Methods for Drugs Prescribed and Used for ...

MOHW & MFDS’s work reports expelled by ‘contaminated eggs’

Questions about issues related to the Ministry of Health and Welfare(MOHW) and Ministry of Food and Drug Safety’s(MFDS) work reports were dealt relatively less because of the ‘eggs contaminated with insecticide’ probl...

Intensified polarization for R&D among listed pharmas

R&D polarization is being intensified among listed pharmaceutical companies. While there is a company investing more than 20% of their sales, a number of companies are still spending less than 1% of their sales into ...

MOHW tentatively confirmed 3rd meeting for emergency household medicines on 29th

The 3rd meeting for the deliberative committee for designation of emergency household medicines was tentatively scheduled on the coming 29th. The Ministry of Health and Welfare(MOHW) gave a notice of the tentative sc...

MOHW’s major tasks for ‘settlement of uninsured medical services and strengthening of medical publicity’

The Ministry of Health and Welfare(Minister Neung-Hoo Park, hereinafter referring to MOHW) will announce major government plans from settlement of uninsured medical services, strengthening of medical publicity and pro...

MFDS carries out ‘Stable Supply of Essential Medicines and Support for Orphan Drugs’

The Ministry of Food and Drug Safety(Minister Young-Jin Ryu, MFDS) will announce major government plans at a work report on the 16th, such as safe supply of essential medicines and support for orphan drugs. When it c...

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