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Rotarix vaccine launched in Korea

GlaxoSmithKline (GSK) says it has launched Rotarix vaccine in Korea, representing the concrete step for GSK in providing a safe and effective vaccine to prevent rotavirus in this country. Rotarix is an oral, two-do...

Low-priced, exit-prevention medicines to be waivered from obligatory small package system in August

The Korea Food and Drug Administration plans to revamp the controversial small package system, to this effect that low-priced drugs of less than 50 won in price tag and/or exit-prevention medicines should be excluded ...

Hanmi’s Amodipin touted as innovation product

Hanmi Pharm’s Amodipin (amlodipine camsylate), was recognized as one of 14 innovation products in Korea, according to a report released by the Samsung Economic Research Institute. The institute said the successful...

Choong-wae prefers team operation

Choong-wae Pharm has recently reshuffled its organization to strengthen its team-oriented management from the conventional department concept. The organization reshuffle appeared to be a “pre-emptive’’ move for the...

Lotte Confectionary to sell new health supplements in August

Lotte Confectionary says it will market two functional gums, aiming to encourage managed cholesterol intake and anti-hangover at the end of next month. "We will conduct many tests to prove that the newly invented h...

Daewoong’s 12 drugs listed in 2007 drug output

Daewoong Pharm’s 12 finished products were listed in last year’s top 100 production amount, according to data released by the Korea Pharmaceutical Manufacturers Association. Dong-A, SK Chemicals and Green Cross Co...

Government urged to revamp positive list system

Korea should revise the current positive list system so that domestic drug makers will be able to focus on research and development of new drugs to survive in an era of the free trade agreement, according to the Korea...

Enbrel’s health insurance coverage extended

Wyeth Korea says that patients with rheumatoid arthritis, who were not responsive to conventional tumor necrosis factor (TNF) inhibitors, have been benefitting from more extended reimbursement period of Enbrel (etaner...

Additional cutbacks of drug prices foreseeable

The Health Insurance Review and Assessment Service (HIRA) said it completed its first investigation over minimum actually traded prices of the country's 100 hospitals. A HIRA official said the prices of items subje...

Foreign-invested pharmaceutical firms seeking strategic alliance with Daewoong

Some multinational companies stationed in Korea are eager to establish strategic alliances with Daewoong Pharm as Daewoong holds strong sales and marketing force in the domestic pharmaceutical market, despite Daewoong...

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