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Dongwha's liver protector 'Helmin' sales more than doubled
Donwha Pharm said on October 5 that its Helmin (arginine tidiacicate) sales more than doubled from a year earlier on increased recognition of customers.
Its sales are expected to reach 10 billion won at year-end. T...
Pharmacists seek for revision of customer protection laws
Dispensed drugs cannot be exchanged or refunded for possible contamination or patient's health, said an official at the Korean Pharmaceutical Association.
Their reaction came out when the lawmakers' Committee for F...
Patent applications for cell therapeutics surge to 96 cases in 2006
A total of 96 patent applications intended for manufacturing cell therapeutics were filed up to 2006 from 2002 thanks to more intensive R&D efforts of pharmaceutical firms in the related field, according to a recent r...
Pharmaceuticals CEOs troubled by FTC's tougher action
The Fair Trade Commission (FTC)'s plan to request the prosecutors' office to file criminal charges against five out of the 10 companies that profiteered the most from the unfair trading shocked the corresponding Chief...
Pharmaceutical industry heading for crisis
Korea's pharmaceutical industry is facing a serious crisis caused by various negative factors heavy fines by the Fair Trade Commission (FTC) for 10 domestic drug makers' unfair trading practices, imminent prosecution...
Daewoong's Ursa sales will grow to W30 bil. this year
Ursa's sales will widen to 30 billion won at the year-end, mainly thanks to big popularity of its blister pack (plastic bottle) in the market, a company official at Daewoong Pharm said recently.
The current sales o...
Champix's two-week packs are availablePfizer Korea said that it has recently introduced a two-week package of an oral anti-smoking drug Champix (varenicline) to help adults stop smoking. It contains 28 tablets (1 mg...
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Health ministry mulls price cut of 10 pharmaceutical firms' drugs
The Ministry of Health and Welfare has unveiled its plan to lower the drug prices of 10 pharmaceutical companies that were slapped by heavy fines from the Fair Trade Commission (FTC) on November 1.
However, the min...
FTC announcement unlikely to affect shares of 10 pharmaceutical firms
Despite the Fair Trade Commission's announcement to impose a combined 19.9 billion won in fines on 10 local pharmaceutical companies for unfair trading practices, overall pharmaceutical stocks closed higher on Novembe...
Dream Pharma to introduce sustained release form of phentermine HCl
Dream Pharma plans to sell the slow release form of phentermine hydrochloride 30 mg within this month, sparking more heated competition among anti-obesity drug makers.
Developed by the Netherlands-based Eurodrug L...
