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Il Yang to obtain KFDA approval on anti-cancer bulk drug.

Il Yang has obtained the KFDA approval for the manufacturing licence of an anti-cancer bulk drug, which was developed from an organism of mushroom called Phellinus linteus for t...

Kwangdong to expand Vita500 sales to Taiwan.

Kwangdong Pharm. Co. signed an agreement with Manpoong business group of Taiwan on Oct. 19 for Vita500 sales in Taiwan. Taiwan has only a tablet form of vitamin C market at about 62 billion won of value in 2004,...

3000 substitutive drugs to dispense under incentive plan.

There are nearly 3,000 or more of drugs to be substituted for the brand drugs in the pharmacy under the government's incentive plan to encourage dispense cheaper generic drugs. The plan provides about 30% incentive...

Only 765 wholesalers out of 1,540 joined KPWA member

As of Oct. 26, 2005, out of the total 1,540 drug wholesalers only 765 wholesalers (49%) are members of the Korea Pharmaceutical Wholesalers Association and other rest of 775 are not. According to the KPWA report, t...

LG on strategic alliance with Kyorin for urine incontinence drug.

LG Life Science signed an agreement of strategic allicance for the market and development of Uritos (imidafenacin), a new therapeutic drug for the incontinence of urine, with Ky...

Choongwae to transform its affiliates.

Choongwae announced on Oct. 26 that as one of the company transformation project and to strengthen the business competence of its subsidiary companies, Choongwae Medical and Daeyu Shinyak would be merged as of Nov. 30...

Civic groups demanding national facilities to produce bird flu vaccine.

Korea Federation of Medical Groups for Health Rights (KFHR), Intellectual Property Left (IPLeft) and People's Coalition for Equal Society (PCES) took a press interview at Maple Tree Cafe at 10 a.m. on Oct. 25 under th...

Drug industries to activate joint BT researches.

The drug industries tried hard to get business associations with the university and other research institutes for the efficient discovery of bio related new drugs through a direct investment, venture capital raising,...

Sam-A "Science Award" to Dr. Kim Kyeong-won of Yonsei Medical College.

Sam-A "Science Award" ceremony took place at Mugungwha ball room of Sheraton Walker Hill hotel on Oct. 21 by the Korea Society of Pediatrics. Sam-A pharmaceutical company, a leading pharmaceutical company in Korea,...

Disputes on credit card fees spreading to pharmacies.

The credit card subscribers have disputed on expensive fees in an ever growing stance with serious complains, which spreaded to the pharmacy communities. The dispute has been exacerbated to be a social issue by the...

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