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KPMA suggested special tax privileges for R&D to extend.

The Ministry of Finance and Economy earlier disclosed the revised draft of the special tax privilege act in advance, which restricted the pharmaceutical industry for the R&D investment and the new drug development by ...

Gum disease linked to preterm delivery of low birth weight babies

Gum disease is linked to preterm delivery of low birth weight babies, according to Dr. Robert C. Fazio of Yale University during a recent symposium. Co-organized by Seoul Dental Association and Dental Tribune Inter...

KFDA soon to report 400 manipulated bio equivalency tests

The KFDA will finally report the manipulated bio equivalency test cases around the middle of coming Sept., which may give a serious impact to the government administration audit and inspection by the National Assembly...

Green Cross Medical Foundation appointed for Bio equivalency re-test institute

The KFDA appointed two re-test institutes for the manipulated bio equivalency tests including Green Cross Medical Foundation, which, however, draws a keen interest to the drug industry whether to accept it. 12 dru...

Annual antibiotic usage decreasing

The annual antibiotics usage of 9,086 hospitals and clinics nationwide has been decreasing, according to data released by the Ministry of Health and Welfare. Last February, the health ministry revealed the an...

Pharmaceutical shares gaining momentum on foreigners' buying

Domestic leading drug firms' shares posted a strong increase of an average 10 percent on August 30 as foreign investors aggressively bought pharmaceutical stocks following recent selling spree, analysts said. Forei...

Number of technical transfer tops 35

A total number of Korea's technical transfers reached 35 this year since Hanmi Pharm exported its improved ceftriaxone process to H. Hoffmann-La Roche of Switzerland in 1989, according to the Korea Development Researc...

Antidiabetic market getting heated

Competition is about to heat up in the domestic antidiabetic market, as more and more new medicines for diabetes are lining up side by side with dominant imported drugs. Since GlaxoSmithKline (GSK) introduced its ...

Hanmi to withdraw lawsuit against KFDA on Slimmer capsule.

Hanmi earlier applied the health registration of Reductil generic drug called Slimmer capsule, which was a modified salt of sibutramine, a therapy for the treatment of obesity but the KFDA rejected it. Then, Hanmi rai...

Government to introduce new oriental medical school

The government plans to a graduate school for oriental medicine at a national university To that end, the Ministry of Education and Human Resources Development announced on August 30 that it will select one of the ...

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