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GSK's clinical studies in Korea on the rise.

The foreign multinational drug corporations showed ever growing investment for the local clinical study projects in Korea, and GSK emerged as one of the most active companies to induce global clinical study programs i...

Profit structures of list drug companies remarkably improved.

The listed drug companies having a fiscal year ended at March 31, reported the business performance of the 1st quarter of FY2005, showing a substantial improvement of their profits largely due to the aggressive market...

Anti-obesity and impotence drugs most abused.

Prof. Kwon Kyeong-hee of the College of Pharmacy, Seoul National University reported in her recent study on the drug abuse in Korea that the drugs for diet and male impotence found most abused by purchasing them throu...

Green Cross to construct flu vaccine facility by 2007.

Green Cross announced on Aug. 22 that the company planned to construct a large plant for the flu vaccine production in Hwasoon, Jeonnam province by 2007. The total 200 billion won including 90 BW of R&D and 16 BW o...

DI center to launch in March next year.

The MOHW fixed the basic project to visualize the establishment of the Drug Information (DI) Center to run in March next year after a full discussion with the DI Center Foundation and Administration Planning Squad and...

30 year's dreams of pharmaceutical circles come true

The 6 year pharmacy school system has been finally concluded in favor of the pharmaceutical circles through a long tunnel starting from "A study report for the pharmacy educational amelioration" published by "6 Korea ...

MOHW to run illegal food and drug report center.

The MOHW announced to establish "Report Center for Illegal Medical Practice, Drugs and Foods" on Aug. 19 to eliminate any illegalities related with drugs, foods and medical practices to protect and promote the people'...

MOHW to change 997 NHI drug prices.

The MOHW announced to revise "The NHI drug prices" covering the increase for 7 products including Kolon pharma's Teurant 200mg cap. and the new price approval for 249 products including Kwangdong's Neugatine capsule, ...

Hanmi to register patent for a modified G-CSF in Europe.

Hanmi announced on Aug. 19 that the patent for the production and process of "a modified stimulant (G-CSF) of human granulocyte colony", a protein for the treatment of leukocytopenia accompanied by the chemotherapy wa...

Zuellig labor union to determine strikes.

Zuellig's labor union voted for the strike by 85% of sweeping rates on Aug. 18, for which the foreign multinational drug corporations who were heavily relying their drug distributions on Zuellig were sharply alert ...

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