All Type of News
Industries and hospitals to keep eyes on Veteran hospital's tender.
Veteran hospital invited a public tender for their drug purchase on May 18, triggering keen interests to the pharmaceutical industry because quite a number of popular drugs offered at a below-cost prices and therefore...
NSAID patch markets estimated 130 billion won.
The NSAID patch market has been grown up since 2000, now reaching to about 130 billion won.
Dr. Kim Jeong-ju of Pacific Technology Research Institute said in the public hearing on the subject of "the development of...
Bio equivalency tests extremely slow in April and May.
As of May, 17 the total number of drugs proven of its bio equivalency was 3,954 but the new tests showed extremely slow in April and May, which was merely 351 more drugs than the end of 2005 of 3,603.
Number of dru...
Public drug advertising obligated to attach "Review passed"
"Advertising Review Passed" should be attached to every public drug advertising, and the attachment table I as specified in the Drug Advertising Preview Regulations for the control of specific drugs of therapeutic gro...
Overall pharmaceutical industry stocks declined.
In the Korea Stock Exchange Market overall pharmaceutical industry stocks lost its attractiveness mainly due to the recent bio equivalency test scandals, and therefore the total industry equity remarkably devalued.
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Geo Young to construct large logistic center in Incheon
Geo Young plans to construct a large scale of the drug logistic center at Hyosung dong, Incheon city to break the ground at 11 a.m on May 26.
The logistic building will be constructed on the ground of 3,800 pyongs...
Sanofi's Ansan plant to move in Handok Eumsung plant.
Sanofi-Aventis Korea announced that the Ansan plant would shut down and move up to the Handok's Eumsung plant after the company merger between Sanofi-Synthelabo and Aventis in 2004 under the production optimizing stra...
Korea joined IARC, a WHO affiliate cancer institute.
The MOHW announced that as of May 18 the IARC (International Agency for Research on Cancer), an instituted affiliated to the WHO accepted Korea as a member along with India unanimously by 16 member countries at the Go...
KFDA to call for label changes on 191 drugs.
The KFDA instructed to change the label for the total 191 drugs of 6 active ingredients including an addition of adverse reactions for 174 drugs as of May 19.
6 ingredients included cimetidine single (oral and in...
Civilian medical device test institutes to raise problems.
The KFDA inspected 9 civilian medical device test institutes and found the total 65 unfair practices including 44 of the test institutes and 21 of technical documentation review institutes. However, number of unfair p...
