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Drug adverse reactions reported the top with Viagra.

Viagra, an anti-impotence drug, has been at the top in the report of the drug adverse reactions since 2005 by 150 cases, which was 10% of the total number of drug adverse reaction reports. Number of the drug adver...

KPIC urges government to withdraw 20% price cut plan of generic drugs

The Korea Pharmaceutical Industry Cooperative (KPIC) called on the government to immediately retract its new drug plan, under which the price of all generic drugs covered by national health insurance is to be unilater...

Yungjin Pharm introduces D-Pharm's new stroke medication

Yungjin Pharm said on October 20 it had concluded an exclusive licensing agreement with D-Pharm, an Israel based drug company, to introduce D-Pharm's proprietary ethical agent (...

Busan emerged as a drug logistic hub.

BuUlGyeong drug wholesalers association, a drug wholesaler group in Busan, Ulsan and Geyongnam province, has driven a project called "West Busan Drug Logistic Park" to be soon visualized. When drug wholesalers start t...

Adverse reactions of herbal drugs surfaced to hot issues.

The adverse reaction problems of herbal drugs have been recently emerged as a social controversy, which therefore seems to be a hot issue in the parliamentary inspection by the Health and Welfare Committee of National...

Korea United President receives Global CEO Award

Kang Duck-young, CEO of Korea United Pharm Inc., received Global CEO award from the Conference for Asia and Europe Federation at a grand hall of the Hankook Ildo on October 18 for his contribution to promoting the cou...

Korea, U.S. to expedite fourth-round FTA talks

Korea and United States agreed to expedite the fourth round of the free trade agreement (FTA) talks, which be held on Jeju Island from October 23 following the two-hour video conference on October 17. During the c...

266 billion won of business losses on Bio test scandals.

The KPMA reported that the government administrative measures against 287 drugs in charge of the bio equivalency test frauds resulted in about 266 billion won of economic losses a year, which excepted other losses acc...

Compulsory pediatric safety proof containers to be extended.

The safety proof containers for children should be extended for the pediatric drugs containing ingredients such as Aspirin, Ibuprofen and Acetaminophen instead of conventional blister packs, which should be designed f...

Income gap widens between rich, poor pharmacies

With polarization haunting economy being a major chronic problem, the phenomenon is not an exception when it comes to pharmacy. The top 100 pharmacies, merely 5.2 percent of the total pharmacies nationwide, account...

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