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Active Marketing and Promotion by OTC Makers in Anticipation of Asian Dust

The domestic pharmaceutical firms are reported to actively engage in their marketing and promotion activities in anticipation of Asian Dust, known as Hwangsa in Korean, expected during the spring season of this year. ...

Samjin Launches U-GeneTest for Convenient DNA Testing

Samjin Pharmaceutical recently made an announcement to introduce a gene testing kit known as Samjin U-GeneTest, under an agreement for genetic business alliance with GeneBank, a domestic biotechnology venture firm. ...

Yungjin Plans to Attain Large-Scale Production Capability for Coenzyme Q10

In an effort to meet the surging demand for Coenzyme Q10 (CoQ10) in the global marketplace, Yungjin Pharmaceutical has announced of its plan to build a dedicated production plant with an annual output of CoQ10 up to 5...

Bukwang Withdraws Market Approval Request for Clevudine

Bukwang Pharmaceutical announced on March 7th that it has made an autonomous withdrawal of its application submitted for a domestic market approval of anti-hepatitis B agent clevudine to the Korea Food and Drug Admini...

Nexgen's EGFstable Registered to U.S. CTFA

Nexgen Biotechnologies Inc., a domestic venture firm specialized in second generation plant biotechnology, announced that it has made a successful registration of its EGFstable(TM), a novel hEGF (human Epidermal Growt...

6.2 Trillion Won for National Health Insurance Pharmacy Care Expenditure

The total amount of pharmacy care expenditure paid by the National Health Insurance (NHI) for Year 2004 was determined at 6.168 trillion won, driving a year-to-year increase of 13.5% from 5.435 trillion won in Year 20...

Increasing Number of Asthma Patients with Significant Financial Implications

The joint research effort made by the Korea Asthma allergy Foundation (KAF) and Seoul National University (SNU) shows that there is a continuing increase of domestic asthma patients, where the historical rate of occur...

Increasing Number of Patients with Lifestyle Related Symptoms

According to the Year 2004 National Health Insurance (NHI) coverage report, there is an increasing number of domestic people with various chronic symptoms that are associated with changing lifestyle patterns, such as ...

Genetic Research Finding Shows New Treatment Possibilities for Diabetes Patients

The joint research effort between the government, academic circle, and domestic venture company specialized in human genome research has paved a way for new treatment possibilities for the patients suffering from type...

Daewoong Chemical Takes Over Manufacturing Plant with Finished Product Capability

Daewoong Chemical announced last week of its pharmaceutical business extension into the finished product category, by assuming an ownership of Lilly Korea's manufacturing plant with injection, capsule and dry syrup pr...

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