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Korean pharmaceutical industry alarm bells

Five officials from Teva Pharmaceutical Industries Ltd. made their market survey through their visits to the National Health Insurance Corporation, the Korea Pharmaceutical Manufacturers Association and the Korean Ass...

Teva to tap Korea's pharmaceutical market

Five officials from Teva Pharmaceutical Industries Ltd., an international pharmaceutical company headquartered in Peta Tikva, Israel, visited Seoul on March 10 to check their commitment to the advancement of the domes...

Four proposals planned over price of Sprycel

The insurance price coordination committee will propose four proposals to BMS Korea in the process of determining the insurance price of Spraycel, anticancer medicine, according to the Ministry of Health, Welfare and ...

Screening period to be shortened over salt-modified medicines

The Health Insurance Review & Assessment Service said it will revise rules to shorten the screening period of salt- or dosage form-modified drugs to a period of 60-90 days, down from the current 150 days, in a move ai...

Drug wholesalers seek proper margin

An official from the Korean Association of Pharmaceutical Wholesaler said on Mach 12 the association will focus on placing the appropriate wholesaler margin in tract, citing the recent rumors that some pharmaceutical ...

Multinationals' drug policy draws strong protest

BMS Korea and Roche Korea have been criticized by local patients and civic groups over extremely high of two medicines Sprycel and Fuzeon for treatment of leukemia and AIDS. ...

Domestic, foreign drugmakers to hold second gathering

Chief executive officers (CEOs) from domestic and foreign pharmaceutical firms will have their second meeting on March 26, according to the Korea Pharmaceutical Manufacturers Association. The meeting's agenda will ...

Hanmi launches disposable artificial tears eye drop

Hanmi Pharm has launched its two disposable artificial tears eye drops without preservatives in the ever-growing domestic market; Hyalumini eye drops 0.1% (sodium hyaluronate) for prescription use and Nunen eye drops ...

Pharmacists seek milder administrative disposition

Those pharmacists who are charged with minor violations against the Pharmaceutical Affairs law should be subject to a fine instead of monetary penalty, the Korean Pharmaceutical Association said on March 10. Curren...

Glycyrrhizin injection goes on sale

Huons Corporation says it has launched Glucolin-S (glycyrrhizin monoammonium) injection in a finished form, under the agreement with Fuso Pharmaceuticl Industries in Japan. G...

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