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Pharmacy chain franchise companies on a stable growth.

Despite ongoing business recession during the past few years in the OTC drug business, the pharmacy chain franchise companies have achieved a stable business growth, thank to their new business projects that had targe...

HIRA to reshuffle its organization.

The Health Insurance Review Agency (HIRA) has segmented the Medical Fees Review Office into more detailed services including drug price analysis and control as well as economical review. The HIRA took a regular di...

Ilwha to adopt 6 sigma management innovation program.

Ilwha announced that the company management would be substantially reformed by the adoption of 6 sigma management innovation program in an ambition to lift up the company to the super top class enterprise with a full...

Boryung to establish R&D center for new drugs.

Boryung announced to establish Boryung R&D Center in order to integrate R&D activities of affiliated companies and nominated CEO Kim Sang-lin of Boryung Pharm. as the center chief. The Center will be running under ...

KRPIA to award a plaque of appreciation to Mr. Richter.

Chairman Mark Timney of the Korea Research Based Pharmaceutical Industry Association (KRPIA) awarded a plaque of appreciation to Mr. Michael Richter, the former chairman of KRPI...

Green Cross to dig a ground for high tech plant.

Green Cross took a ground breaking ceremony for the construction of a new high tech plant in Ohchang industrial park, Cheong-won district, Choongbuk province on Dec. 3. The p...

Government appointed Mr. Choi as NITR chief commissioner.

The government appointed Mr. Choi Soo-young, ex-Seoul KFDA commissioner, to the chief commissioner of NITR (National Institute of Toxicological Research) as of Dec. 7. He (57...

KFDA to tighten post supervision against human placenta preparations.

A government control on human placenta preparations in the market seems to be tightened with periodical checking on its quality, pharmaceutical supervision at the production plant and obligation to submit the placenta...

KFDA panel to review 9 orphan drugs to resume.

9 orphan drugs including Rilutek (riluzole: Rhone poulenc-Rorer Korea) and Gleevec (Novartis Korea) seem to review their orphan drug positions again. The KFDA planned a Central Pharmaceutical Review Council, Orphan...

KPA calling for NHIC to effect earlier reimbursement.

The pharmacist association recommended the MOHW and the NHIC for an earlier reimbursement for the pharmacy dispensing bills, which had been much delayed to pay on time. The Korea Pharmaceutical Association (KPA) f...

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