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'Atacand Day' stimulates teamwork and sales for AstraZeneca Korea

AstraZeneca Korea says that its Atacand Day program, which has been launched every month since last March this year, has served to boost employees' spirits and helps them to stir up creativity and synergy effect. T...

Kim Young-joo named as head of Merck Serono's pharmaceutical division

MSD Korea has appointed its executive managing director Kim Young-joo as a new head of Merck Serono's pharmaceutical division. Merck Serono, the new division for innovative small molecules and biopharmaceuticals of...

FTC to toughen regulations against undue business practices

Korea's antitrust watchdog will toughen regulations on pharmaceutical firms and crackdown on their contributions, rebate and other unfair business practices for using their products at hospital, including internationa...

Government mulls delay of drug standard barcode system

The Drug Management Information Center said that the Ministry of Health and Welfare is positively considering delaying the planned standardized drug bar-code (KD code) plan after 2009. A DMIC official said that the...

400 drug makers to be offered KD barcodes

The government has announced that a total of 400 pharmaceutical firms will have individual Korean standard barcode as part of efforts to boost transparency in the distribution of pharmaceuticals, according to the Drug...

Revision of labeling criteria over health food planned

The Korea Food and Drug Administration plans to revise the labeling regulation of health foods in a bid to better boost the consumer's right to know. Under the newly revised regulation to be enforced from January n...

SinSin supplies medical plasters for US Wal-Mart Stores

SinSin Pharm says that it has exported to the U.S. market its medical plasters worth $3 million on an annual basis, under an agreement with two large drug stores, CVS and Walgreen Drug Store. CVS is the largest pha...

Pharmaceutical business lobby group calls for government's support

The government needs to work out measures to support the domestic pharmaceutical industry to maximize the effect of its free trade pact with the United States, such as easing of administrative red tape and tax breaks ...

Enforcement regulations of new GMP system to make public within this week

The enforcement regulations of a new current good manufacturing practice (cGMP) system and validation procedures are scheduled to be promulgated within this week, according to an official at the Korea Food and Drug Ad...

Hanmi won patent lawsuit over finasteride

The district court has recently upheld the patent of Hanmi Pharm's finasteride 1mg in a lawsuit raised by MSD Korea. MSD Korea, an original developer of Propecia, filed a lit...

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