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Korea-U.S. set for 2nd round of FTA talks

Korea and the United States are heading for another round of heated discussion as they start the second round of talks over a free trade agreement (FDA) in Seoul. The new round of talks, from July 10-14, will touch...

KICOX are enticing 13 pharmaceutical firms in Osong

KICOX said it signed an agreement with 13 pharmaceutical firms for their entry of Osong Life Sciences Complex, an advanced base for the 21st century technology-oriented heath industry that is under construction. Th...

New distribution project test by RFID system on 3 drugs.

The MOHW announced in May to carry out an RFID (radio frequency identification) economic model project on 3 drugs including Amodipin in an attempt to enhance the drug distribution transparency and to prevent possible ...

Can RFID system guarantee distribution transparency?

It is in controversy whether the MOHW's new RFID system could make a successful test project, which was designed to prevent any counterfeited or faked drugs as well as to improve the drug distribution transparency, bu...

KFDA to investigate data fabrication of 383 generic drugs

The Korea Food and Drug Administration (KFDA) said it is continuing its additional probe into 383 other generic medicines whose makers are suspected of manipulating test results to report bioequivalence'' to the origi...

Drug makers face tougher rules on human placenta drugs

The Korea Food and Drug Administration (KFDA) said it will tighten rules on a human placenta drug as part of efforts to ensure its safety and efficacy. To bring the finished placenta products by pharmaceutical firm...

Allergan's Restasis is enjoying popularity in local eye-care market

Allergan's Restasis (cyclosporine ophthalmic emulsion 0.05%) is successfully established in the local eye-care market with full recognition from doctors and customers, as its 10,000 trays were already sold in April fo...

OTC drug production on the rise since medical reforms.

The production of OTC drugs shows a rising trend despite the slow OTC market shares according to the KPMA 2005 report. The report said that the total production of OTC drugs amounted to 2,664,900 MW, which was 4.5%...

Topical lindane drugs to prescription drug class.

Because of adverse reactions the topical drugs (cream, lotion etc.) containing lindane have been reclassified from the OTC to the prescription drugs with warnings of adverse reactions. The lindane topic drugs were use...

60 generic drugs' efficacy fabricated

On July 7, the Korea Food and Drug Administration (KFDA) unveiled the second results of its ongoing investigation into pharmaceutical testing sites, including bio-venture companies and academic institutions, to check ...

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