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Sudo made profits and 82% sales growth in 2005.

Sudo pharmaceutical co. announced the 2005 business performance on Feb. 13 covering 32,200 million won of sales, 16,600 million won of gross profits, 3,800 million won of operating income and 2,500 million won of net ...

Il Yang successfully completed Ilaprazole clinical study in China.

Il Yang announced on Feb. 20 that the phase III clinical study for the anti-peptic ulcer drug, Ilaprazole in China was fully completed and ready to file the NDA for the commercial release hopefully in coming March thr...

Blood sugar test strips sufficiently to be available in pharmacy

The Korea pharmaceutical association (KPA) said on Feb. 15 that the test strips for blood sugar would be sufficiently available in the pharmacy markets under the agreement between the Korea Pharmaceutical Association ...

Stiefel Korea to launch Duac gel for acne therapy.

Stiefel Korea has launched Duac gel, a new hydro gel type of acne therapy, formulating with 1% of clindamycin and 5% of benzoylperoxide, which is the top prescription drug for a...

KFDA seeking civil services without paper works from Oct.

The KFDA civil administration including the drug health registration will be proceeded via internet, cellular phones or PDAs for any application, review and review report, and therefore the drug health registration d...

KPMA to name Mr. Moon Kyung-tae as executive director.

The Korea Pharmaceutical Manufacturers Association (KPMA) internally appointed Mr. Moon Kyung-tae, ex-MOHW policy information administration officer, as the executive director, ...

MOHW to slash average 10.8% NHI price for 1,477 drugs

The NHI (National Health Insurance) drug prices of the total 1,477 products have been slashed by 10.8% on average to save at 59.1 billion won of the medical expenditures for the NHI finance and the patients. The...

Choa to set up Bio-engineering Institute and investment.

Prof. Kim Jin-hoe of Kyungsang Univ. and Choa Pharm. Co. agreed to invest about 4 billion won for the 7 year R&D projects on the cloned pigs transformed with EPO genes. Choa said that the EPO study by the use of tr...

AZ Korea to hire Mr. Madan as CFO.

AstraZeneca Korea announced that Mr. Rohini Krishnan Madan from AZ Turkey was invited to the post of CFO as of Feb. 1, 2006. He joined AZ Turkey in 1998, promoted to the vice...

KCUE assessment of 20 pharmacy colleges all acceptable.

The Korea Council for University Education (KCUE) announced on Feb. 20 that the evaluation of 20 colleges of pharmacy on the consolidated university administration and scientific educational performances passed all cr...

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