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Improved Infrastructure Supporting Investigational New Drug Clinical Studies Stressed

While the number of Investigational New Drug (IND) applications has been steadily rising over the past few years, the necessary infrastructure for conducing their clinical studies is grossly inadequate as compared to ...

KFDA Announces Implementation of Graded KGMP Management System For Pharmaceutical Manufacturers

The Korea Food and Drug Administration (KFDA) announced its plan to implement a graded management system for the pharmaceutical manufacturers that are Korea Good Manufacturing Practice (KGMP) certified, with an antici...

Key Updates on National Pension Fund Set Forth by Government

The current laws governing the national pension fund and its management are expected to receive a few key updates, with an aim by the government to promote the financial stability of the pension fund and foster the in...

New Clinical Data Indicate Elidel’s Better Efficacy and Patient Tolerance

In a recent publication by the American Academy of Dermatology (AAD), new clinical data showed that Elidel (pimecrolimus) Cream 1% is more effective in pediatric patients with moderate atopic dermatitis (AD), as compa...

More Hospitals Up for Sale, amid Stagnant Transactions

In light of the current extended economic slowdowns, more hospitals are becoming available for sale in the market, due to increasing management difficulties experienced by hospitals affecting their profitability and c...

Pharmacists Ask for Abolishment of Post-Substitution Dispensary Notification Requirement

The Seoul Pharmaceutical Association (SPA) is raising its concerns over a position taken by the Ministry of Health and Welfare (MOHW) in the area of penalty imposition on the pharmacists who have failed to make post-d...

Pharmaceutical Manufacturers Share Know-How’s on Quality Management

Since its establishment in the late Year 2003, an interest group formed by regional pharmaceutical companies known as the PQM (Pharmaceutical Quality Management) has been drawing the industry’s attention for its succe...

Possible Market Expansion Realized By DTC Marketing Efforts

The domestic pharmaceutical companies are advised by industry marketing experts to start implementing a consumer-centric product promotion strategy known as the DTC (Direct to Consumer) marketing. As its nomenclat...

Yuhan, ViroMed Agree on Joint Research Collaboration

Yuhan Corporation, one of leading domestic pharmaceutical manufacturers, recently made a joint research collaboration agreement with ViroMed Co., a local biotech venture company recognized for its active research and ...

Korea Kolmar Received KFDA Approvals on Bioequivalence for Its Generics

Korea Kolmar, a domestic company specialized in cosmetics contract manufacturing, has recently received approvals from the Korea Food and Drug Administration (KFDA) for pharmaceutical bioequivalence on its three gener...

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