All Type of News
Celltrion Healthcare turns in registration of securities, expected to go public late July
Celltrion Healthcare, a subsidiary of Celltrion, turned in a registration of securities to the Financial Services Commission on the 7th. If the process goes smoothly, it will go public in the KOSDAQ market this July.
...
MFDS tightens post-marketing management of medical narcotics and antipsychotics
In order to prevent mis/over-prescribing of medical narcotics(e.g. Propofol) and antipsychotics(e.g. Zolpidem), their post-marketing management system will get tighter.
The Ministry of Food and Drug Safety(MFDS) is p...
MFDS allows quasi drug manufacturing facilities to produce food products
The regulation which restricts food production with medicine and quasi drug manufacturing facilities is relaxed.
On the 5th, the Ministry of Food and Drug Safety(MFDS) pre-announced the ‘Partial Revision for Standard...
KOSDAQ records 10 times higher growth rate in export than KOSPI
It was observed the KOSDAQ listed pharmaceutical companies’ average foreign sales & export ratio of this 1st quarter was twice higher than the one of the KOSPI. The KOSDAQ’s growth rate was more than 10 times higher t...
KPDA requests for direct business of co-marketed product with wholesalers
The distribution association requested for direct wholesale business for a product which has been co-marketed with a top Korean pharmaceutical company. Pharmaceutical distribution companies and the Korean company have...
Government draws up KRW 864.9 billion supplementary budget to MOHW
The government announced on the 5th it drew up an supplementary budget of KRW 864.9 billion to the Ministry of Health and Welfare(MOHW) for job creation and public stability.
The revised supplementary budget for the ...
Celltrion reveals Phase 3 clinical trial result of Herzuma at world’s largest oncology conference
Celltrion announced a result of the clinical trials of Herzuma(project name: CT-P6), an antibody biosimilar for the treatment of breast cancer, and Truxima(project name: CT-P10), a biosimilar for the treatment of hema...
‘COPD’ mainly caused by smoking occurs the most for people over the 60s
The National Health Insurance Service(President Sang-Cheol Seong, NHIS) analyzed the national health insurance policy holders who visited medical institutes for ‘chronic obstructive pulmonary disease(COPD)’ for the pa...
“It is necessary to separate the Pharmaceutical Affairs Law pharmaceutical advancement”
An opinion was proposed that the ‘Pharmaceutical Product Law’ for manufacturing and distribution of pharmaceutical products and the ‘Pharmaceutical Affairs Law’ for the function of pharmacist must be separated.
Peopl...
Basic dispensing fee stays same at KRW 1,360 in 2018, KRW 5,460 for 3-day prescription
The 2018 medical fee negotiation for pharmacy drew a result of a 2.9% increase; the equivalent index, a unit cost per relative value point, was KRW 82.4.
Based on a calculation of 2018’s pharmacy dispensing fees by a...
