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Prof. Bang and Ra named PI of Pfizer's multinational clinical studies.

Prof. Bang Young-ju of SNU hospital oncology dept. and Prof. Ra of Yonsei Univ. hospital, an oncologist, were appointed as the chief researcher of Pfizer's multinational clinica...

NHI medication expenditures to save by 24% within 5 years.

The MOHW announced "Optimization Plan for NHI Drug Prices" on May 3 indicating that within 5 years the NHI medication expenditures should be reduced by 24% by means of adopting so called "positive list system" and the...

Positive list system to enforce in coming Sept.

The NHI drug pricing policy seems to be changed to so called "Positive list system", taking effects from coming Sept. The core principle of the new system lies in the selective drug registration scheme after dete...

MOHW to subsidize 78,400 MW for 378 R&D subjects

The Ministry of Health and Welfare has allocated 78,400 MW of subsidy for 378 subjects of pharmaceutical R&D including new bio-drugs in 6 different therapeutic fields. The MOHW decided in the meeting of the health ...

9 reform projects including user fee on deliberation.

The Medical Industry Development Planning Team of the Offices for Government Policy Coordination (OPC) took an action learning meeting at the KPMA auditorium on May 2 in attendance of more than 62 government officials...

OPC prefers KGMP implementation at cGMP level.

Instead of the rating system for the assessment of drug manufacturers, it is under consideration that the KGMP should be earlier employed at a level of the cGMP (current good manufacturing practice). The Medical ...

Retail pharmacies in Ulsan areas massively damaged.

A personal drug supply business man with an initial name of "P" who run a drug distribution agency, had committed default, which eventually caused a massive business damage to the retail pharmacies associated with the...

Hanmi to achieve remarkable growth of sales in Q1.

Hanmi reported the first quarter business performances at 95,884 MW of sales, 19.0% up from the same period last year of 80,559 MW or 10.45 up from the fourth quarter of 2005, at 12,854 MW of operating income, 183.4% ...

Lilly appointed a Korean singer couple as information ambassador.

For the first time in Korea, a singer couple named Hong Seo-buhm (47) and Cho Gap-gyeong (39) was appointed as an information ambassador to promote a new concept of impotence. ...

Dong-A sales in Q1 grew up 9.93% at 137.2BW

Dong-A reported the first quarter sales at 137,224 million won, showing 3.37% up from the Q4 of 2005 (132,755 MW) and 9.93% up from the same period last year (124,832 MW), the operating income at 8,266 MW, 53.26% up f...

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