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Import of Botox Suspended for Six Months

The Korea Food and Drug Administration (KFDA) recently reported its administrative disposition to temporarily halt the import of U.S. Allergan Inc.'s Botox (clostridium botulinum toxin type A) by Daewoong Pharmaceutic...

NHIC Provides 260 Billion Won of Advanced Insurance Reimbursement

In consideration for a higher level of expenditures required by medical service providers and pharmacies at year-end, the National Health Insurance Corporation (NHIC) announced on December 27th that it plans to provid...

People Give Preference on Antibiotics for Mild Symptoms

A recent study conducted by the National Health Insurance Corporation (NHIC) indicates that the general public recognition and knowledge on their use of antibiotics should continually be improved. Dr. Kim Sung-ok o...

Bayer Korea OTC Business Starts New Year under New Management

The Consumer Care Division of Bayer Korea will start the new year with its recent acquisition of over-the-counter (OTC) products from Roche Korea, under a new management of Director Kang Sung-chae, who previously mana...

KFDA Certified for International Standard-Based Testing of Vaccines

The Korea Food and Drug Administration (KFDA) announced on December 27th that it has acquired the ISO/IEC 17025 certification for the international standard-based testing of three vaccines including recombinant DNA he...

Revised Guidelines on BSE Will Become Effective Next April

The Korea Food and Drug Administration (KFDA) announced on December 28th of its revised guidelines addressed to the pharmaceutical manufacturers and importers handling bovine-derived materials intended for human use, ...

Hanseo Submitted Five International Patent Filings for Its Liver Medication

Hanseo Pharm Co. Ltd. recently announced the patent filings of its novel medication HS0406, for the treatment of cirrhosis, to the United States, Japan, China, Russia, and Germany. Hanseo Pharm, which was newly lis...

400 Million Won of Government Grant Available for HACCP System Requestors

In an effort to promote an industry-wide implementation of the Hazard Analysis and Critical Control Point (HACCP) system, the Korea Food and Drug Administration (KFDA) will make available of its 400 million won budget...

KPA Launches Investigations on Unfair Business Transactions by Manufacturers

The Korea Pharmaceutical Association (KPA) announced that it plans to enforce strict measures on the pharmaceutical manufacturers if they are found to practice unfair business transactions with the retail pharmacies. ...

Forced Actions to Increase OTC Sales Put More Burdens on Local Wholesalers

A recent report indicates the local associate wholesalers that are under the contractual partnership with the Zuellig Pharma Korea (ZPK), an exclusive distribution outsourcing service entity for the pharmaceutical man...

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