All Type of News
Drug Inventories Return Project Set Forth by KPA
The Korea Pharmaceutical Association (KPA) announced its nationwide project of returning cumulative drug inventories in pharmacies to the manufacturers, starting February of 2005.
Prior to the February kick-off, th...
Taejoon’s Tech Wonders Recognized at RSNA Conference
At the 90th annual Radiological Society of North America (RSNA) Conference, held from November 28th to December 3rd, Taejoon Pharmaceutical achieved $0.85 million USD worth of export agreements and over $5.5 million U...
Companies To Raise Prices of Nicotine Replacement Products
In the midst of an announced cigarette price increase by 500 won starting next year, the pharmaceutical companies are simultaneously planning to raise the prices for their nicotine replacement products.
According t...
KFDA Instructs on Proper Transport Practices of Medical Narcotics
The Korea Food and Drug Administration (KFDA) has recently released an official instruction detailing prevention measures against possible loss or theft of medical narcotics during their transportations.
According ...
Eroding Profitability of Domestic Pharmaceutical Firms
The domestic pharmaceutical manufacturers are showing an overall growth in sales, but are suffering from margin erosions and lower profitability, reported by the Korea Health Industry Development Institute (KHIDI) fro...
CJ Filed Injunction To End Trademark Dispute
In an effort to put a final closure on its controversial trademark dispute with Hanmi Pharmaceutical, CJ Pharmaceutical Division filed for an injunction with the Seoul Central District Court on December 6th.
The Ko...
Novartis Korea Launches Domestic Phase 3 Clinical Trial of Aliskiren
Novartis Korea announced on December 9th that the international Phase 3 clinical trial of its anti-hypertension drug Aliskiren (SPP100), a renin inhibitor, will also take place in Korea along with four other countries...
Arimidex Continues To Show Better Efficacy Over Tamoxifen
AstraZeneca announced on December 9th the results of the ATAC (Arimidex and Tamoxifen Alone or in Combination) study presented at the 27th San Antonio Breast Cancer Symposium, which showed that Arimidex (anastrozole; ...
Administrative Measures On Pharmacies Neglecting Medication Guidance
In an effort to strengthen the current pharmacy practice level in providing medication guidance, the Ministry of Health and Welfare (MOHW) said it will impose administrative measures on those pharmacies neglecting the...
Pharmacies’ Cumulative Drug Inventories Estimated over 60 Billion Won
The Korea Pharmaceutical Association (KPA) announced its recent findings on the amount of cumulative drug inventories, of used and unused contents, held by the pharmacies nationwide, and it estimated that the total is...
