All Type of News
Hanmi Receives Domestic Patent for Novel Antibiotic Production Method
Hanmi Pharmaceutical announced on December 29th that it has received a domestic patent on its novel production method for cefdinir, an oral antibiotic in the cephalosporin family of antibiotics.
According to the ...
KFDA Focuses on Biotechnology Based Biopharmaceuticals
The Korea Food and Drug Administration (KFDA) recently released the next year's plans on improving the administrative efforts dealing with biotechnology-based biopharmaceutical products, to further strengthen overall ...
Daewoong, Peptron Agree on Joint Development of Acromegaly Treatment
Daewoong Pharmaceutical announced on December 30th that it has made a joint development agreement with Peptron Inc., a local biotech venture company, to collaborate on developing the treatment for acromegaly with octr...
Humanitarian Donation of Tuberculosis Vaccines to North Korea
The Korea National Tuberculosis Association (KNTA) has recently made a goodwill donation of tuberculosis (TB) vaccines and related items to North Korea, to aid in the prevention and control of TB for the country and i...
Domestic Resident of FEZ Could Receive Foreign Medical Services by Year 2008
The Finance and Economy Committee of the National Assembly held a meeting on December 28th to discuss over the proposed amendments to the bill aimed at allowing an establishment of the foreign invested hospitals and o...
KFDA Outlines Key Initiatives for New Year
The Korea Food and Drug Administration (KFDA) has recently communicated its key initiatives for the new year, with an overall aim to enhance safeguards on quality, safety and regulatory measures as applied to the phar...
Formation of Task Force Team to Enhance Existing Regulations on Neutraceuticals
With an aim to enhance current government regulations on the neutraceutical products and their related subject areas, a joint task force team has been formed with representatives from the Ministry of Health and Welfar...
Wholesalers Ask for Government's Financial Relief Provision
In response to an announcement made by the Ministry of Health and Welfare (MOHW) on its provision of an expedited insurance reimbursement payouts to the medical service providers and the pharmacies, the local wholesal...
Wholesale Prices for OTC Headache Relief Medications Increase
An industry source reported on December 29th that the wholesale prices for the over-the-counter (OTC) headache relief medications manufactured by the domestic pharmaceutical firms are increasing.
Samjin Pharmaceuti...
Restrictive Wholesale Trade Terms Bring Concerns by Retail Pharmacies
The pharmacy community recently reported that certain number of local pharmaceutical wholesalers is practicing unfair business transactions by enforcing restrictive trade terms that would severely limit the retail pha...
