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US FDA approves Alvesco inhaler for treatment of asthma

Handok Pharm says the US Food and Drug Administration approved Swiss based Nycomed's Alvesco (ciclesonide) Inhalation Aerosol in the United States for the maintenance treatment ...

VGX International, SK Engineering team up for cGMP business

VGX International says it has teamed up with SK Engineering & Construction Co. to enter the domestic cGMP market. Good Manufacturing Practice (referred to as 'cGMP' or 'current Good Manufacturing Practice') is a t...

Prices of 4 original brands to be reduced by 20% next month

As generic drugs get listed for insurance coverage, the prices of the corresponding four original medicines will be decreased by 20 percent from this February 1, the Ministry of Health and Welfare said on January 24. ...

Wholesalers urged to upgrade drug logistics system

The domestic wholesaling industry should push for the modernization of drug logistics system via full utilization of a large joint distribution center or warehouse, including strict observance of fair trade code and e...

Kim Soo-hyung named director of BMS Korea

BMS Korea announces that Kim Soo-hyung, marketing manager in charge of Baraclude (entecavir) business, was promoted as director as of January 1, this year. Kim graduated from...

Zuellig Pharma Korea seeks stronger ties with business partners

A leading foreign provider of logistics services in warehousing, distribution and customer order management in Korea hopes to strengthen its partnership with Korean pharmaceutical companies and wholesalers in upgradin...

JLC acquires BINEX

JLC, a local investment company, said January 21 it has signed a take-over contract with BINEX, a biopharmaceutical firm, to set foot in the domestic pharmaceutical sector. We strongly believe that the takeover wil...

Local society calls for insurance revision over hyperlipidemic treatment

The current health insurance allowance for the treatment of hyperlipidemia needs to be revised depending on the levels of low-density lipoprotein (LDL) cholesterol, instead of total cholesterol levels, according to th...

Dongwha's three products win First Brand Award 2008

Dongwha Pharm said on January 23 that its three OTC medicines - Gaswhalmyungsoo (liquid digestive), Hucidin (wound protectant and Pancol-S (cold remedy) - were selected as first brands in 2008. Jointly hosted by th...

Consumers select Aronamin and Nitracare as premium brands

C&F Management said it held "2008 First Brand" event in a joint sponsorship with Korea Economy Daily and Korea Consumers' Forum at Hyatt Hotel in Seoul, where Ildong Pharm's Aronamin (multivitamin) and Natracare (sani...

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