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Novartis firstly launch a new bone Paget's disease therapy.

Novartis Korea has launched the sale of Aclastar (zoledronic acid 5mg injection) for a new treatment of Paget's disease, a class of the biphosphonates, which suppresses re-uptake of destroyed bone cells by administeri...

Reductil generic makers to face tougher license procedure

A number of Korean generic makers to develop the generic version of Reductil capsule (sibutramine hydrochloride) will have to pass through more complicated procedures for the approval of their salt-modified compounds....

Daewoong marketing alliance strategy kept inertial.

Daewoong had made quite a market success with a number of products originaly developed by other companies under the strategic co-promotion and co-marketing alliance, but those products have been recently transferred t...

130 items to benefit from health insurance

A total of 130 drugs, including Bukwang's Lebovir and Hanmi's Liplatin inj. (oxaliplatin) 100 mg will be eligible for health insurance from February 1, the Ministry of Health and Welfare said on January 25. Besides...

'No intention to resume direct hospital business"

Hanmi Pharm, which triggered a friction with drug wholesalers over direct hospital sales, made it clear on January 26 that it would discontinue any transaction with hospitals. "We have no intention to provoke drug ...

Bayer diagnostic business on balanced growth.

Bayer Healthcare made a well balanced sales growth in 2006 with prescription drugs, non-prescription drugs, diagnostic reagents and animal care drugs, at the total 195,540 million won. Bayer reported the 2006 sales...

Health functional foods to face ad regulation

Health functional foods will be more carefully regulated to protect consumers against their misuse or overuse, according to the Korea Food and Drug Administration. According to the plan, the KFDA will restrict the ...

Pacific Pharm to redistribute Lamisil cream in short supply

Pacific Pharm said on January 24 that Ramisil cream will be normally supplied to drug wholesalers at a reduced price of 6,600 won per pack. Pacific officials said the average wholesaler margin on Lamicil will be a...

Samyang and CJ on strategic alliance for Genexol PM inj.

Samyang and CJ signed a strategic marketing alliance agreement at Hilton hotel on Jan. 24 for an exclusive distribution of Genexol PM inj., an anti-cancer drug for the treatment of lung and breast cancer. Genexol PM i...

NHI fair redistribution effects by different premium payers.

The National Health Insurance Corporation (www.nhic.or.kr) reported "2005 analysis of NHI premiums and payments" disclosing a remarkable income redistribution effect by different NHI premium payers (an effect of signi...

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