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Integrated food-related duties contemplated

Various food-related duties are likely to be integrated under the Ministry of Agriculture and Forestry when the new administration is inaugurated in late February. The measure is in response to calls to create an o...

Domestic and foreign pharmaceutical firms to improve mutual collaborations

Domestic pharmaceutical firms are seeking to cement their mutual collaboration with foreign pharmaceutical firms by holding a regular meeting every two months, according to the Korea Pharmaceutical Manufacturers Assoc...

Drug makers seek more tax exemptions for R&D spending

The Korea Pharmaceutical Manufacturers Association (KPMA) will seek to expand tax exemptions for corporate investment in research and development (R&D) as part of efforts to stimulate pharmaceutical companies' R&D spe...

Trius, U.S. Dong-A' partner, initiates Phase I trial for oxazolidinone antibacterial drug

Dong-A Pharm announced on January 7 that its U.S. partner Trius Therapeutics initiated its first Phase 1 clinical trial of TR-701, an antibacterial drug candidate intended for treatment of patients with serious Gram-p...

Price of Baraclude to be reduced

The Ministry of Health and Welfare says health insurance price of BMS Korea's Baraclude (entecavir) will be reduced based on the guideline of the Korean Association for the Study of the Liver and clinical period, whil...

Validation outsourcing market heats up

Domestic outsourcing market for validation is likely to gain momentum as the Korea Food and Drug Administration plans to implement more advanced GMP (good manufacturing practice) for new drugs and related validation p...

AZK is likely to break W200 billion in annual sales

Boosted by increase in sales of Crestor (rosuvastatin) and Atacand as strategic items, AstraZeneca Korea saw its sales in 2007 exceed 200 billion won, up 16 percent from last year's 172.7 billion won. The combined sal...

Green Cross to open Green Cell Center

Green Cross Corporation (GCC) says it has opened a cGMP based green cell center at Yongin, Kyunggi Province to produce cell therapeutics. Its Mokam institute set up "LifeLine", a umbilical code blood bank, in 2003 ...

Dong-A to have large-scale research complex

Dong-A Pharmaceutical Co. plans to establish another large-scale research complex at Sanggal by 2012 as part of its efforts to create new chemical entities. Last July, the company reshuffled its three research inst...

Handok to introduce calfactant, acute respiratory distress syndrome treatment

Handok Pharm says it signed a licensing agreement with the US-based Pneuma Partners to distribute calfactant (trade name: Infasurf), a medication used to treat respiratory distr...

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