All Type of News
Gross sales of health foods top W700 bil. in 2006
The Korea Food and Drug Administration announced on October 30 that the total output of 45 health foods stood at 12,269 ton last year and that their gross sales posted 700.8 billion won, up 2.2 percent compared ...
Bioprocess scientists and executives gathers in Seoul
An international bioprocess convention has been held between October 31 and November 2 to help explore potential manufacturing capabilities & capacities in Asia's fast growing bioprocessing industry.
The BioProcess...
KPMA mulls measures to assist seminars in bona fide
The Korea Pharmaceutical Manufacturers Association is now gauging the gravity of the impact that the Fair Trade Commission's wide graft probe would have on the local pharmaceutical industry, while it is studying to pr...
Astellas's Vesicare to be launched soon
Astellas Pharma Korea said on October 29 that Vesicare (solifenacin succinate) for the treatment of the overactive bladder (OAB) with the indication of urinary frequency, urgency and urge incontinence associated with ...
Hanmi targets W500 billion in sales this year
Hanmi Pharm aims to achieve 500 billion won in this year's sales, a company official said recently.
During the third quarter of this year, Hanmi reported that it earned 14.7 billion won on the largest sales of 135....
Government to lower insurance prices of 5 drugs
The Ministry of Health and Welfare announced on October 28 that insurance prices of five items, including GSK's Hepsera tablets 10 mg, will be reduced from November 1.
According to the ministry, 130 items will ...
Doctors still overprescribe medicine
Korean doctors continue to overprescribe drugs to patients over frequently-treated five diseases, said an official from the health ministry on October 30.
In a recent survey of 17,621 hospitals and clinics nationwi...
Health ministry to root out illegal practice
The Ministry of Health and Welfare plans to launch full medical sector reform to eliminate rampant corruption, as the Free Trade Commission disclosed evidence that 10 pharmaceutical companies have been offering rebate...
10 Pharmaceutical firms face fines for rebates
The Free Trade Commission would announce penalties for 10 pharmaceutical makers each on November 2 after calculating sales improperly raised through illegal means.
Industry sources expect some of them would face m...
FTC to probe hospitals over rebates
Fair Trade Commission (FTC) Chairman Kwon Oh-seung implied on October 29 that the nation's antitrust body may further investigate major hospitals over unfair business practices involving pharmaceutical companies.
K...
