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Drug wholesalers showing different reactions over rebate scandal
Pharmaceutical business sources say drug wholesalers have disclosed varying views with respect to the recent rebate scandal of 10 pharmaceutical firms.
Some wholesalers are attempting to modify their business strat...
Green Cross to export varicella vaccines to Croatia
Green Cross Corporation (GCC) says it has recently signed a memorandum of understanding with Imunoloski Zavod (IMZ) of Croatia, or Institute of Immunology, to export varicella vaccines to the Eastern European country ...
Court ruling to be held for suit & petition by pharmaceutical firms
The court ruling over the justification of new drug policy, the so-called positive list system, will be made available on and after January 31, next year.
Pharmaceutical sources say the administrative suit against ...
Some drug wholesalers urged to improve fair business practices
The Korean Pharmaceutical Association advised some drug wholesalers to rectify its business practices involving the alleged rebates to hospitals.
In a policy-making proposal delivered to presidential hopefuls on No...
KIPO gets highest point in organization competitiveness
The national governance reform committee said it recently surveyed the ratings in terms of personnel management and development system in eight government ministries/agencies, 145 public and private corporations based...
Bidding war to kick off for National Cancer Center
The first hospital bidding war is expected to heat up as the state-run National Cancer Center at Ilsan will put out its bidding list for medicines on November 7.
A number of domestic pharmaceutical firms, includin...
Co-develop anti-L1 monoclonal antibody therapeutic for treating cancer
Celltrion Inc. and German biotech company MediGene AG signed a binding memorandum of understanding for the co-development and commercialization of an anti-L1 monoclonal antibody (anti-L1 MAb) for the treatment of canc...
Steps to boost M&As necessary
Mergers and acquisition themes sweeping global stock markets and it is no exception for the domestic pharmaceutical firms, a government official said.
He went to say that the country needs to implement a new serie...
New drug policy angers multinationals
Multinational drug manufacturers complained that their newly-invented and original drugs, which have already been undervalued in Korea, have been dealt a serious blow by the Korean government's plan to allow only cost...
Ruling of Plavix patent suit to be delayed
The controversial patent ruling of Plavix (clopidogrel bisulfate) will be made available two months later as a patent court decided to re-examine the patent's validity and enforceability.
Related parties will have ...
