All Type of News
Yellow light on low birthrates and ageing society.
Minister Kim Keun-tae of MOHW stressed to say in replying to an inqiry advertising raised by Mr. Lee Woong-jin, the president of Seonwoo, a marriage information company, that we should be alert to the rapidly coming e...
Wholesalers selling over 100 BW on the rise.
Number of the wholesalers selling yearly more than 100 billion won (including affiliates and family companies) showed ever rising trend, recoding 10 more companies last year from 6 in 2001, 7 in 2002 and 8 in 2003.
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Pfizer Korea sponsoring symposium on hypertension.
Pfizer Korea announced a symposium to hold at Chosun hotel in Seoul on May 3 for the physicians working at general hospitals across the nation under the theme of "Drug of choice for keeping an optimal blood pressures ...
Drugs from 51 companies to impose administrative measures.
The Gyeong-In district KFDA announced to impose administrative penalties to substandard drugs made by 51 companies during the first quarter this year including Unimeton tablet of Dongkwang, which ordered its productio...
National Assembly to question on bioequivalency tests.
The Health and Welfare Committee of the National Assembly pointed out in the KFDA report meeting on April 19 that too many drugs proven of its bioequivalency tests flowed out within a short period of time, raising con...
Drug wholesalers too flooded almost to self collapse.
Number of local pharmaceutical wholesalers showed ever increasing trend without limit far beyond as expected, making a full market saturation. 140 KGSP granted wholesalers came out in just one year, tolling as of toda...
17 new drugs including Olmetech and Hepsera approved.
Last year the KFDA approved the total 17 new drugs including Daewoong's Olmetch and GSK's Hepsera according to the KFDA report for the new drug approval in 2004 to 2005.
This year the KFDA approved two more new dru...
Bayer to compensate for Aspirin price difference
Bayer Korea said that they would pay compensation for the price difference of Aspirin 100mg that was sold as a non-prescription drug in spite of its NHI reimbursable prescription drug,
From March to June 2004 Bay...
New anti-peptic ulcer drug, Ilaprazole on phase III clinical study.
Il Yang announced that the new anti-peptic ulcer drug, Ilaprazole that was designated as one of the national strategic study projects, was successfully completed with its phase II clinical study in 5 overseas countrie...
Daewoong reports 285 BW of sales and 75% net profit surge in FY2004.
Daewoong closed the 2004 year financing accounts on April 18 covering 285 billion won of sales, 14.7% up and 26 billion won of net profits, 75.7% up respectively from the previous year.
The company announced the 2...
