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Nine vice chairmen named at KPMA meeting

The Korea Pharmaceutical Manufacturers Association appointed a total of nine vice chairmen to its new posts on March 9. Details: 1) Planning and Policy Committee; Cha Choong-geun, President of Yuhan Corporation ...

Leading drug companies staying in single digit growth in 2006.

As a result of local pharmaceutical business recession, the leading drug companies seemed to adopt more conservative management strategies of seeking internal stabilities instead of the growth. According to the 20...

70 clinical centers face clinical test inspection

The Korea Food and Drug Administration unveiled its plan to conduct its full-scale inspection of 70 clinical centers across the country and their ongoing clinical trials within this year to ensure the safety of subjec...

"Panpyrine-F" faded out while Panpyrine-Q comes in.

Panpyrine-Q may be launched in the drug wholesale markets in March as a follow-on remedy of Panpyrine-F, one of the most popular cold remedies in Korea. Its price will be about 10% up from the old version, Panpyrin...

Boryung restarts Yonggaksan advertisement

Boryung Pharm said it will re-initiate the advertisement of its famous OTC brand Yonggaksan, antitussive & expectorant, in just 12 years after the company stopped its advertisem...

Geo Young acquires Iksu Pharm

Geo Young, a domestic drug distributor, said on March 9 it has a managerial right of Iksu Pharm. In his congratulatory speech, newly appointed president Lee Jun-sang said he would endeavor to promote the existing o...

Korea will not seek package FTA deal in pharmaceutical sector

Korea will not seek package deal'' with the United States to establish a free trade agreement (FTA) in the eighth round that opened in Seoul on March 6. During a meeting of people from the pharmaceutical industry o...

Dong-A to choose nine executive posts

Dong-A Pharmaceutical decided to hold its board of directors meeting on March 12 to select nine executive posts plus one auditor with a vote, which was proposed by Sooseok Trading and Korea Alcohol Industrial. Indu...

DMF report mandatory for 30 drugs including antibiotics.

A task force called "TFT for DMF system reform" organized with 5 officials from the KFDA and 10 representatives from the drug industry took the 1st meeting on March 6 and decided to run its activity for 30 bulk drugs ...

Ketotop kept a top brand position in 5 consecutive years.

Ketotop, a patch type of anti-inflammatory remedy manufactured and supplied by Pacific Pharm. Inc. has been elected by the Korea Management Association for Consultation (KMAC) a...

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