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Health Ministry hopes to integrate R&D functions for new drugs
As the functions of the Ministry of Science and Technology would be split between the Ministry of Commerce, Industry and Energy, and the Ministry of Education and Human Resources Development, the Health and Welfare Mi...
Government to support natural drug development projects
Stimulated by the superior efficacy of Dong-A Pharm's natural product Stillen in the domestic market, the government set out measures to back the local natural product sector in addition to the current research and de...
Plavix patent war getting fiercer
A paten war, ignited by Korean pharmaceutical firms, is getting fiercer as Sanofi-Aventis Korea unveiled its plan to defend its original Plavix patent with all possible legal means on January 15.
Experts cite growi...
LG Life Sciences sets sales target at W280 billion
LG Life Sciences has set its sales target at 280 billion won this year, according to the company.
We set this year's research spending at 65 billion won, compared with last year's 60 billion won,'' a company spokes...
Government unveiled KD bar code plan
The government announced on January 15 its standardized drug bar-code (KD code) plan, according to the Ministry of Health and Welfare.
Under the plan, the mandatory bar code system for injectables, ointments and li...
Korea to upgrade GMP system by 2010
The current good manufacturing practice (cGMP) will take place on a full-scale basis by 2010, as the revision of the enforcement regulation of Korean Pharmaceutical Affairs Law was promulgated on January 15.
The cG...
29 drug manufacturers keen on toll manufacturing
29 GMP-owned pharmaceutical firms are keenly interested in toll manufacturing of pharmaceuticals, according to a local survey.
The Korea Pharmaceutical Manufacturers Association says that its survey of 45 drug make...
Government promulgates enforcement regulations of wholesaler's facility standard decree
The Ministry of Health and Welfare announced on January 15 the revised enforcement regulations of wholesaler's facility standard decree, aimed at regulating he minimum warehouse space of drug wholesalers by 800 m2.
...
14 drug makers and 8 wholesalers to face probe
The government is considering a fresh investigation into 14 domestic medium-sized pharmaceutical firms and eight wholesalers (annual sales: 60 to 70 billion won) in relation to undue business practice.
To that end,...
Janssen Korea seeks to strengthen presence in Asian market
Janssen Korea says it will focus on expanding its presence in the Asian and Pacific region this year, as a production base for exporting Ultracet (acetaminophen+tramadol) and Nizoral (ketoconazole) after remodeling it...
