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FCB-Pharmicell to cerebrate GMP facility in Germany

FCB-Pharmicell, a local biopharmaceutical company, said it will complete the construction of its GMP facility in Germany on November 27, this year, to develop a new drug for the treatment of stroke using stem cells. ...

Listed drug companies to spend 70% of net incomes for R&D.

37 local drug companies are spending 5.47% of the sales or 71.31% of net incomes for their R&D. The KPMA reported the 2005 business performances by 37 listed drug companies as 5,717,200 million won of the total sal...

KFDA seeks to overhaul bioequivalence system

The Korea Food and Drug Administration (KFDA) said recently that the government plans to ameliorate the current bioequivalence system through the enactment of bioequivalence testing requirements, including designation...

Hanmi gets best IR award

Hanmi Pharm was selected as this year's best IR (investor relations) drug company by the Korea Economic Daily (KED), a local economic daily, for the second consecutive year. ...

Dong-A to export U$45 million of prescription drugs to China.

Dong-A achieved an oversea sale of Zydenar, an impotence drug, to the Middle East in the past, and now added an export sale of two more prescription drugs to China. Dong-A si...

Toll manufacturing for health functional foods is available

Local GMP-endorsed health functional food firms will be able to produce other makers' items under a toll manufacturing contract, beginning November 13 this year, the Ministry of Health and Welfare said recently. Ac...

Insurance prices of 1,411 items to be lowed from January 2007

The Ministry of Health and Welfare (MOHW) said on November 17 health insurance prices of 1,411 items will be reduced from January 1st of next year by 17 percent. According to the MOHW, a total of 5,345 drugs ...

Drug industry lifting upward for pharmacy business.

A growing number of pharmaceutical companies tried to increase more pharmacy business, showing that the pharmaceutical company wholesales turned far favorable figures during the first half of this year. Drug Honest...

ADHD patient tripled in three years

The number of patients with attention deficit hyperactivity disorder (ADHD) soared over 60.2 percent between 2003 and 2005, because of an increase in the pediatric population and more expanded coverage of national hea...

Pharmacy college must prepare individualized medical era.

The pharmacy education in 21th century under the 6 year pharmacy school system should focus on fostering the well qualified pharmacists who should satisfy the individualized medical needs beyond the current pharmacist...

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