All Type of News
Third-party deposit system hit snag
The third-party deposit system, which has been promoted by the Korea Pharmaceutical Manufacturers Associations, is in an inactive status due to uncooperative attitudes by the member companies of the Korean Research-ba...
Validation system draws varying reactions
The majority of small- and medium-sized pharmaceutical companies have called for the government to delay the controversial validation system under the current Good Clinical Practice (cGMP) due to heavier financial bur...
Pharmacists slam KPA for supermarket's drug selling
Members of the Korean Pharmaceutical Association in Seoul slammed the Korean Medical Association on April 21, warning doctors will have to face many people's protest.
The denunciation follows the KPA's support for ...
Hydrogel wound dressing market heats up
The domestic hydrgel band market is set to steam up as 30 pharmaceutical firms put out their products to take up more market share in the coming hot months.
Following the first introduction of Pharm & Pharm's Derma...
Government supports oriental drug development
The government plans to increase its spending on the development of new oriental medicines, as part of its efforts to promote the science of Oriental medicine to the world.
The Ministry of Health, Welfare and Famil...
Foreign-invested firms seeking strategic alliances with local drug makers
Business sources say that 21 foreign pharmaceutical manufacturers have already established strategic alliances with domestic pharmaceutical companies for co-marketing and/or co-promotion of 50 new medicines to effecti...
Importation of finished pharmaceuticals is increasing
Influenced by implementation of the current good manufacturing practice, more and more Korean pharmaceutical companies are rushing to import finished pharmaceuticals with small market size, including hormone products,...
Ethical sales in March gains steam
The domestic ethical market for outpatients in March grew 13.2 percent to 646.9 billion won, compared to the same month from the previous year, according to pharmaceutical business sources.
Daewoong Pharm led any o...
Health watchdog to block dominant status of patent owner
The Korea Food and Drug Administration plans to check whether some patent owners are abusing their dominant status in the market.
In April 17 forum organized by the Korea Health Industry Development Institute, the ...
Prices of major vitamin C preparations are likely to rise
Another price hike of popular vitamin C products, such as Kyungnam's Lemona and Korea Eundan's Solar C, will be foreseeable in the future due to the hike of raw material prices, according to business sources.
The r...
