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More biopharmaceutical firms to be set up, health ministry says

A number of new biopharmaceutical firms are able to establish their own enterprises as the government has recently issued its enforcement regulations to separate product approval from manufacturing license under the r...

Sandoz Korea seeking to enhance its corporate entity

Sandoz Korea says it will promote its own marketing of 12 generic products, including paroxetine, until next year, while placing more emphasis on better recognition of the corporate entity from the domestic medical fi...

Pharmacists should be recognized in medical practice

A pharmacist should be recognized as one of medical providers in Korea as his/her role goes beyond the traditional dispensing function into areas of patient consultation, drug product selection and patient profiles, a...

Levitra's sweet love-making campaign for diabetic patients

Bayer Schering Korea plans to launch its sweet love-making campaign with Levitra for diabetic patients with erectile dysfunction (ED), who able to obtain an erection sufficient for successful intercourse with a partne...

Dietary supplements gaining popularity

Dietary supplements containing conjugated linoleic acid (CLA) are widely promoted as weight loss agents available over the counter and via the Internet. CLA has been widely popular in products such as BBF's Diet CL...

Turnover of wholesalers up 13%

The combined turnover of 117 domestic wholesalers last year marked 8.2 trillion won, up 13.0 percent from 2006, while showing a mere 1.8-percent increase in net profit, according to a survey conducted by Yakup Shinmoo...

Aspirin market to be expanded

The domestic market size for aspirin 100mg valued at 40 billion won is expected to be further expanded as the Korea Food and Drug Administration has recently nodded the additional indications of Boryung Pharm's Astrix...

Margin issue to be renegotiated

The Pharmaceutical Development Consultative Committee says it will have a meeting with GlaxoSmithKline until April 23 over the controversial wholesaler margin issue, while distributing all of GSK medicines on a condit...

55% of GERD patients complain about inconvenience in daily life

55 percent ofpatients with gastroesophageal reflux disease (GERD) have suffered from various systems, making their daily life inconvenient, according to a local survey by AstraZeneca Korea. The survey of 12,000 pat...

Asian biopharmaceutical firms, key source of R&D pipeline

Asian biopharmaceutical firms will become key players in the global bioindustry arena as they have well trained researchers with their governments' full support in finance, according to LG Life Sciences President Kim ...

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