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Wholesalers, GSK reach accord over margin issue
The Pharmaceutical Development Consultative Committee and GlaxoSmithKline finally agreed on the need to step up efforts to narrow the differences on sensitive issues concerning the wholesaler margin, the Korea Associa...
Government to face another high price of new leukemia drug
The government will likely in a dilemma to determine the price of Tasigna, another leukemia drug produced by Novartis, as its Korean affiliate has applied to the Health Insurance Review Agency for a price evaluation.
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Health insurance assessment system for new drugs triggers debate
The Health Insurance Review Agency's criteria to evaluate the effectiveness of anti-hyperlipemic agents in order to decide whether they are eligible for the list has been under fire as it could reduce the price of...
Six clopidogrel makers strives to get national health insurance reimbursement
The nation's six clopidogrel producers have retried to get their products listed in health insurance allowance since their failure last February.
The six drug makers include Kwangdong Pharm, Halim Pharm, Pacific Ph...
KFDA to open drug information Web siteThe Korea Food and Drug Administration will open Web site from May for providing the general public with drug related information, such as usage of drug and drug administration,...
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Sales of foreign-invested pharmaceutical firms up 14.6%
The combined sales of the 22 major foreign drug makers last year marked a growth rate of 14.6 percent, to 3.2 trillion won from 2006, according to data analyzed by Yakup Shinmoon. Their operating income showed an aver...
Overhaul of minimum actually traded price system eyed
The Ministry of Health, Welfare and Family Affairs says there is a possibility that the current minimum actually traded price system will be overhauled for better financial stability of the nation's health insurance f...
KFDA to compile drug related patent database
The Korea Food and Drug Administration says it plans to compile a comprehensive database Patent Infomatics to cover patent information, drug approval, product information and market information until the end of this y...
GSK appoints new executive managing director in sales unitGlaxoSmithKline announced on April 18 that Kim Chong-ho was promoted to executive managing director in charge of its whole sales business.
He joined GlaxoWellcome in 1988 and...
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Won Duck-kwn named Janssen-Cilag business development directorWon Duck-kwn, former managing director of Anhgook Pharm, has been appointed business development director of Janssen-Cilag in the Asia and Pacific region, according to Janssen K...
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