All Type of News
Ibrance rejected for health insurance benefits
The registration of Ibrance Cap(Pfizer Pharmaceuticals Korea), a breast cancer treatment, for the health insurance benefits fell through.
The Health Insurance Benefit Evaluation Committee conducted an health insuranc...
MFDS’s goal to approve 180 incrementally modified drugs by 2020
The Ministry of Food and Drug Safety(MFDS) will approve 180 incrementally modified drugs by 2020 and actively support Korean pharmaceutical companies for global expansion with technology of commercializing pharmaceuti...
Daewha Pharmaceutical acquires S&V, German filler manufacturer
Daehwa Pharmaceutical announced acquisition of ‘S&V Technologies,’ a German filler manufacturer, on the 8th.
The company and RedoxBio, its subsidiary, signed a joint agreement of acquiring 100% of the S&V Technologie...
Foundation of herbal medicine company is in danger
The foundation of pharmaceutical companies specializing in manufacturing of herbal medicines, such as granules and medicinal soups, has been in danger.
These pharmaceutical companies have frequently cause trouble of ...
Kukje Pharma, Samil Pharmaceutical & Wooridul Pharmaceutical in R&D expense growth rate in 1st quarter
When it comes to this 1st quarter’s average R&D expenses growth rate compared to the same quarter of the last year, KOSPI listed pharmaceutical companies had an increase, but pharmaceutical companies in the KOSDAQ had...
Endless manufacturing suspension and temporary out-of-stock of medicines
Multinational pharmaceutical companies have decided to suspend supplying pharmaceutical products in Korea, and Korean pharmaceutical companies have temporarily gone out-of-stock on some of their products.
Novartis an...
Novartis on a KRW 500 million fine for supporting doctors on symposiumsThe Fair Trade Commission(Chairman Jae-Chan Jung, FTC) decided to impose a corrective order and a fine of KRW 500 million and accuse the company to the prosecution with a crime ...
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MFDS changes details of aspirin approval in efficacy and usage instruction
The Ministry of Food and Drug Safety(MFDS) recently changed details, like efficacy and usage instruction, about the approval of aspirin.
The MFDS recently announced it changed efficacy and effectiveness of single tre...
“Which distribution company still deals illegal drugs and drug counterfeits?”
“Which distribution company is still dealing illegal pharmaceutical products and drug counterfeits?”
It was one of the complaints from pharmaceutical distribution companies facing obligation of the real-time serial n...
Bill & Melinda Gates Foundation support LG Chem with KRW 14 billion for polio vaccine development
LG Chem announced on the 7th that ‘Bill & Melinda Gates Foundation’ has decided to support the company with USD 12.6 million(approx. KRW 14 billion) for development of a new polio vaccine.
The support fund will be us...
