All Type of News
NITR chief Choi Soo-young closing his 30 year public career.
Mr. Choi Soo-young, the chief commissioner of the National Institute of Toxicological Research (NITR) and the 1st government official grade, declared abruptly his resignation from his current position that remains 4 m...
Court backs KFDA decision to ban direct dealing
The direct dealing between pharmaceutical firms and medical institutions with more than 100 beds is illegal, according to a court ruling on July 9.
The Seoul Administrative Court noted in its ruling that Under the ...
Abbott Korea to reduce Reductil price by 40%.
The price of Reductil, an anti-obesity drug supplied by Abbott Korea, will be reduced by 40% taking effect from July 9 for promotion of the product access to more fat consumers.
A staff of Abbott Korea said "Our ow...
Pharmacy communities in dispute on safe container issue.
A safe container obligation was given to retail pharmacies largely for pediatric drugs such as Acetaminophen and Aspirin taking effect from Oct. last year, which has raised an endless dispute in the pharmacy communiti...
Hyundai Pharm to face battle over management rights
Hyundai Pharmaceutical Co. faces an attack from Park Sung-deuk, an individual stock investor and nicknamed super-ant'' here, over its management rights.
Industry sources say that since Park and his friendly force h...
CoQ10 market warming upThe domestic market of co-enzyme Q10 (CoQ10) is gaining momentum with a number of manufacturers who see opportunities in the field.
Daewoong Pharm launched CoQ10 VQ last mont...
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Hanmi's Amodipine success to be resumed with Slimmer?
Hanmi has developed a modified new anti-obesity drug based on sibutramine (Reductil) expecting a similar market success perspective with Amodipine, another modified amlodipine preparation being remarkably succeeded in...
BT expo opening from July 5 to 7 in Jeju.
The 5th Interbiz Bio-partnering and Investment Forum 2007, one of the biggest technology trading arena in the local pharmaceutical and bio industries will open at Poonglim Resort of Seoguipo city, Jeju Do in attendanc...
2006 OTC production ratio plunged after 3 years of its peak.
The rate between the ethical and the non-prescription drug production showed ever rising disparity according to the KPMA production statistics released on July 4.
The KPMA report revealed the total 2006 product...
Drugs with modified formulation draw divided reactions
The government and local drug makers remain far apart in their positions over the pricing calculation of formulation-modified drugs over generics.
In a forum organized by the Korea Pharmaceutical Manufacturers Asso...
