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Current List of Medical Narcotics To Be Expanded

The Ministry and Health and Welfare (MOHW) submitted a regulatory revision draft on January 14th to expand the current list of medical narcotics that are under restrictive control by the government, and to include a s...

Domestic CROs Performed 233 Contract Bioequivalence Tests in 2004

It is determined that the domestic contract research organizations (CROs) conducted a total of 233 instances of contract-based bioequivalence tests during last year, with Biocore Corp. and LabFrontier Co. Ltd. showing...

Total Size of Domestic BT Sector Estimated at 3.36 Trillion Won for Year 2005

It is estimated that the total size of domestic biotechnology sector for Year 2005 will be around 3.36 trillion won, up 12% from the prior year. According to Director Kim Moon-ki of the Bioindustry Association of ...

KPMA Launches Upgraded Official Website

The Korea Pharmaceutical Manufacturers Association (KPMA) recently completed the upgrade effort on its official website, www.kpma.or.kr, to further strengthen the user-oriented services with added convenience. Amon...

Multinational Firms Outlay New Product Introductions

The multinational pharmaceutical companies operating in Korea are entering the new year with their business plans to introduce new product lineups to the market, in addition to strengthen the existing products to furt...

Rate of Newborn Deliveries by Cesarean Section Continually Decreases

According to a recent report released by the Health Insurance Review Agency (HIRA) on the domestic record of newborn delivery methods, 38.2% of total births in Year 2003 were from the cesarean section. The Year 200...

Licensed Post-Production Neutraceutical Administrator Suggested

From the January 12th weekly discussion meeting held at the Korea Food and Drug Administration (KFDA), Professor Park Ki-whan of Chung-Ang University College of Industrial Scien...

Public Trust Towards Pharmacists Declines

A recent survey conducted by the National Health Insurance Corporation (NHIC) indicates that the majority of people do not have their personal preferences towards particular retail pharmacies for making regular visits...

Strict Countermeasures by Local Wholesalers Planned Against Low-Margin Manufacturers

The Seoul Association of Pharmaceutical Wholesaler held its board meeting on January 12th to discuss on the potential measures towards a number of pharmaceutical manufacturers that the association has identified as a ...

Stated Financial Benefits Not Transferred to Local Wholesalers

The domestic pharmaceutical wholesalers are giving their deep concerns over the lack of anticipated invoice payment collections from the healthcare providers, where the government announced last year that it would pro...

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