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Price of Sprycel determined as 55,000 won

The Ministry for Health, Welfare and Family Affair committee said on May 7 that the price of Sprycel, a new drug for leukemia, was fixed at per 70-milligram-pill. The committee said the price was based on Taiwan's ...

Female marketers exceed men in employment rate

The number of female marketers is growing at a faster pace than their male counterparts these days as women increasingly outpace men in 13 foreign-invested pharmaceutical companies. According to Pharmax Ogilvy Heal...

KFDA gear ups deregulation speed

The Korea Food and Drug Administration says it will go ahead with drastic deregulation measures to make local pharmaceutical industry competitive in a global arena. The health watchdog said on May 7 that if the ph...

1 in 4 Korean asthma patients with not to take medication as prescribed by doctors

Korean patients with asthma reported poor compliance to their treatment in comparison to the other countries surveyed, with 26% patients reporting that they 'never' use their medication as prescribed by their physicia...

Hanmi seeks foreign-educated graduates

Hanmi Pharm says it held its job exhibition in New York, which was organized by Asian Diversity Inc, a recruiting company. The company plans to hire university graduates, including Koreans and other Asian ethnics d...

Insurance price of two statins irks drug makers

AstraZeneca Korea and Choong-wae Pharm are now attentively watching the Health Insurance Review Agency's decision on the health insurance prices of Crestor (rosuvastatin) and Rivaro (pitavastatin), respectively. Cr...

Wholesalers turn to profit-oriented management

More drug wholesalers are turning to profit-oriented management instead of aggressive sales expansion, reflecting their growing discontent over falling margin. Several major wholesalers are considering maintaining ...

Number of patients with asthma showing rapid increase per annum

Influenced by the changing lifestyle that results in the growing consumption of processed foods, the number of Korean people suffering from asthma is spiraling up year after year. According to the Ministry of Healt...

Samjin stocks gaining momentum

Samjin Pharm is emerging as a darling of investors on the stock market on strong earnings prospects and solid fundamentals, analysts said. Shares of Samjin have been enjoying momentum, spurred by development of nov...

Myungmoon enjoying strong sales of Kimite patch

Myungmoon Pharm said its Kimite patch (queasiness) for children has enjoyed strong sales since last December. The drug maker plans to raise its production capacity to meet consumer demand that is expected to rise i...

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