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KRPIA calls for reassessment of new drugs

The Korea Research-based Pharmaceutical Industry Association (KRPIA) has urged the government to re-evaluate the ongoing assessment of antihyperlipemic agents as it failed to reflect expert opinions from related organ...

Introduction of success repayable loan system eyed

The government plans to introduce a success repayable loan system within this year as part of its efforts to boost the domestic biotechnology commercialization projects, according to the Ministry of Knowledge and Econ...

Green Cross to complete vaccine plant in first half

Green Cross Corporation says it aims to complete the construction of the nation's new vaccine factory in Hwasun, South Jeolla Province in the first half of this year, according to its recent information session held a...

Korea opens biotechnology commercialization center

The government-funded Korea Biotechnology Commercialization Center (KBCC) had its opening ceremony in Songdo, Incheon Metropolitan city on April 30. The KBCC is a growing contract manufacturing organization with a-...

Hanmi to bolster tie-up with CrystalGenomics for new drug development

Hanmi Pharm has forged a strategic alliance with CrystalGenomics, a local bioventure firm, to boost its joint research and development projects for new drugs. Under the agree...

9 leading pharmaceutical firms fared well in first quarter

The nation's nine major domestic pharmaceutical firms made good start in the first quarter of this year despite negative factors surrounding the industry, according to data released by Yakup Shinmoon. The com...

Government, Pfizer Korea to set up PK/PD training center

The Ministry of Health, Welfare and Family Affair and Pfizer Korea agreed to establish a PK/PD modeling/simulation training center by signing a memorandum of understanding (MOU) about the center at the Chosun Hotel in...

Government won't change health insurance system

The government has no reason to change the current national health insurance system, according to Kim Soung-yee, Minister of Health, Welfare and Family Affairs. Korea's health insurance system should be maintained ...

SK, Yuyu seeking long-term approaches over ginkgo biloba preparations

SK Chemicals and Yuyu Pharm, local leading producers of ginkgo biloba preparations plans to cover the expected loss of sales as patients suffering from tinnitus and dizziness are not reimbursed during treatment taking...

Dong-A's associate wholesalers to face margin falling

Pharmaceutical business sources say Dong-A Pharmaceutical reduced the margin of its associate wholesaler margin up to 1 percent. Wholesalers are now worried that other pharmaceutical firms will follow the suit fol...

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