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Civic groups concerned drug price hike on FTA.

Many civic groups including the Korea Federation of Medical Groups for Health Rights (KFHR) criticized the FTA agreement between Korea and the United States (Kor/Am AFT), claiming concerns about which the treaty might...

KPMA to form special unit for Korea/America FTA talks.

The KPMA decided to establish "Special Unit for Korea/America FTA" in separation with the KPMA international subcommittee and the FTA subcommittee organized with 5 to 6 experts under the head of KPMA deputy chairman M...

KFDA more listening to voices of industries.

By the occasion for Mr. Moon Byeong-woo to take a new head post of the KFDA Drug Safety Division, he arranged a first talk meeting with the representatives of pharmaceutical companies on March 2 to share common proble...

Korea United to patent Atenolol soft capsule.

Korea United Pharm. Co. announced on March 9 that a patent for a soft encapsulation of atenolol, a beta-blocker anti-hypertension drug, was completed to register in Korea. The company explained the patent claims c...

National health examination quality to be upgraded.

Rep. Kang Ki-jeong of the National Assembly Health and Welfare Committee said on March 9 that he raised the partial revised bill of "National Health Insurance Act" to reflect for the quality of the national health exa...

Natural Endotech expecting favorable sales of phytoestrogen.

Natural Endotech, a subsidiary of C&Tel, a Kosdaq listed home shopping company, reported on March 9 that this year sales of the phytoestrogen hormone and IGF-1 releasing stimulant remarkably would grow up. Samsung ...

KPWA proposed Daewoong for distribution memorandum.

The Korea Pharmaceutical Wholesalers Association (KPWA) sent an official letter to Daewoong on March 7, covering that Daewoong should use "Distribution Memorandum" instead of the current verbal promise in the business...

Medical welfare facilities for the aged rose 52.6% in 2005.

Number of the welfare facilities for the elderly people in 2005 increased 52.6% over the previous year according to the MOHW report of "2005 status of welfare facility for the aged" The report described 56,518 wel...

New pain killer developed by SNU professor to be blockbuster.

A Korean bio venture company developed a new pain killer compound, which was transferred to a German multinational drug company at 48 billion won. Digitalbio Tech, a bio tech company represented by Prof. Lee Ji-woo...

Pharmaceutical economy is good on index but slow in feeling

Overall pharmaceutical business has shown a rising trend despite a chronic domestic economy recession, indicating a remarkable sales growth reaching over the level of 100 billion won by Samjin, Pacific and Yungjin pha...

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