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KFDA to adopt intensive review system for civil services.
The drug related civil services with simply repetitious and time consuming natures seem to be solved directly by the Drug Affairs Division head by adopting a new program called "Intensive Review system".
For this ...
KFDA approved 92 new drugs in 4 years.
The KFDA has approved the total 92 new drugs during the past 4 years from 2003 to 2006 including 32 new drugs in 2006, which were largely of products filed by foreign multinational drug corporations.
70 new drugs ...
R&D strategies of major domestic drugmakers outlined
Although local pharmaceutical companies have been developing a variety of generic drugs as patients want cheaper medications, the majority of the companies will become more eager to sell name-brand medicines for highe...
KFDA pushing whole efforts to 5 major issues.
The KFDA announced 5 major projects to speed up in 2007 over the rapid review of new drugs and products, a new GMP settlement, an activation of the drug monitoring and a reinforced supervision of adulterated drugs.
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Smaller packets headache for wholesalers
Wholesalers have found it increasingly difficult to deal with medicines in smaller units.
Pharmacists are also demanding wholesalers sell medicines in smaller units containing 30 tablets instead of a large canister...
Stiefel Korea, UCL to expand cosmetic ties
Stiefel Korea will expand its business relationship with UCL, a local cosmetics producer.
Stiefel Korea signed a contract with UCL on January 16 to market Paramela, a UV-blocking cosmetic in hospital sector from th...
19 clinical trials for biopharmaceutical products approved, KFDA says
The ongoing clinical tests conducted by domestic biopharmaceutical companies numbered 19, pointing to the rapid development of the local clinical experimentation sector, the nation's drug watchdog said recently.
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20% of neighbour clinics to prescribe 6 drugs per sheet.
The HIRA 2Q of 2006 Review Report revealed that 21.16% of the neighbour clinics prescribed 6 drugs per a sheet compared to 14.28% of general rehabilitation hospitals, 20.41% of general hospitals and 17.03% of hospital...
KFDA approved sustained release type of human growth hormone.
LG Life Science had succeeded in the development of sustained release type of human growth hormone (LB03002) by their own technologies and recently received a KFDA approval.
LG has developed the new type of human g...
Proprietors of pharmacy to benefit from tax benefit
Proprietors of pharmacy will receive a tax deduction from this July as pharmacy's income tax is to cover dispensing fees, other than the cost of medication.
Under the current taxation system, pharmacies are obligat...