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Hanmi to lead cephalosporin antibiotic markets.

Hanmi announced on Aug. 29 that the company had completed a plant exclusively for the production of the cephalosporin antibiotics at Pyeongtaek and obtained the KGMP certification from the KFDA on Aug. 24 in conforman...

NMC director reaffirms new prescription plan

The new prescription plan to make prescriptions by generic name, instead of the name of specific medicines as they do now, would ultimately give pharmacists the authority to decide which brand to give a patient, said ...

Manufacturing license for clinical drugs can be separated from product license

The National Assembly's Health and Welfare Committee on August 28 passed a bill allowing the separation of a manufacturing license for clinical drugs from a product license. The revised pharmaceutical law is part o...

KHA to oppose model project for prescriptions in generic names.

The Korea Hospital Association (KHA) announced an official statement on Aug. 28 about the issue of the government's model project for the prescriptions written in generic drug names, covering that the government inten...

Pharmacy's monthly dispensing income up but profit down

The average monthly dispensing income of pharmacy has drastically increased from 7.67 million won for the recent five years, but pharmacists see their profits decline. Experts said the increasing trend of dispensin...

Korea United to sell homegrown aceclofenac preparations to Europe

A Korean pharmaceutical firm is to export its self-synthesized aceclofenac preparations to Europe. Korea United Pharm said that it has recently fulfilled the registration of drug master file (DMF) for its self-synt...

Novartis Korea to open a big website for heart study.

Novartis Korea opened a large scale of website called http://jikei.iplustv.co.kr/ or www.novamd.co.kr for their program of "JIKEI heart study", the first and largest clinical study for Asian. JIKEI heart study cond...

National Medical Center to conduct new prescription plan

The National Medical Center (NMC) plans to adopt a prescription plan, under which doctors will be required to prescribe 32 generic drugs of 20 active ingredients whose efficacy and safety are already established, inst...

Tax reform is positive, KPMA says

"We are positive about the recent tax revision of the Finance Ministry because it partly accepts our demand for tax cuts to ease the tax burden on the local pharmaceutical companies and upgrade the existing GMP facili...

A large scale of drug logistic park to establish in 2010.

A framework of the drug logistic park was visualized for the establishment of the West Busan Logistic Park until 2010. Buwool Gyeong Drug Wholesalers Association and Busan Drug Logistic Project Cooperative Associa...

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