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KPMA to adopt FKI-style advisory member system

The Korea Pharmaceutical Manufacturers Association needs to create a strong advisory group consisting of influential chief executive officers as demonstrated in the Federation of Korean Industries. Both the FKI’s c...

Kim named head of Korea Pharmaceutical Association

Kim-ku, a former vice chairman of the Korea Pharmaceutical Association, was elected as the new KPA president in the by-election held in July 11. Kim, 63, garnered 41.5 percen...

Able Investment completes W16 billion takeover

Able Investment said it has emerged as a large shareholder in Binex Co. by completing its 16 billion won takeover of Binex. The investment company paid current majority shareholder, Binex’s CEO Lee Baek-chun, 16 bi...

Korea urged to nurture GDP professionals

The government needs to nurture GDP (Good Distribution Practice) professionals for the proper distribution of medicinal products for human use, according to a report released by some officials of the Korea Food and Ad...

Hyundai launches trospium chloride tablets

Hyudai Pharm has launched Wismax (trospium chloride 5mg tablets), indicated for the treatment of overactive bladder (OAB) with symptoms of urge urinary incontinence, urgency, and urinary frequency. Trospium chlorid...

Profit-oriented hospitals ruled out

The government said it is opposed to the idea of changing the legal status of hospitals from a non-profit entity to profit-oriented, insisting on the public function of the medical industry. The Ministry for Healt...

'cGMP consortium to produce qualified medicinal products

The Korea Food and Drug Administration says it will support the projected formation of cGMP-oriented consortium, which has been promoted by 20 small-sized pharmaceutical manufacturers. The health watchdog predicts ...

Hanmi launches chemically modified Nexium

Hanmi Pharm says it has launched a chemically modified Nexium (S-omeprazole magnesium), Esomezole (esomeprazole strontium), in the domestic market. Esomeprazole is a proton pump inhibitor developed and marketed by ...

Green Cross signs chicken pox vaccine export deal

Local drug maker Green Cross Corp. (GCC) has signed a contract with a Brazilian pharmaceutical company to export its chicken pox vaccine “Suduvax” which was independently developed by Green Cross in 1994. The deal ...

French research institute initiates combination study of clevudine and viread for HBV

Bukwang Pharm says the French National Agency for Research on AIDS and Viral Hepatitis (ANRS), with the support of Pharmasset, Inc. and Gilead Sciences, Inc. has initiated the first head-to-head study of clevudine and...

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