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Drug industry harshly to complete for big 3 and 4.
Among the domestic pharmaceutical companies, the top 3 and 4 positions are under the severe competition despite the fact that such rank contest did not make any meanings but its symbolic psyche.
The competition to ...
Health Ministry mulls improving actually transacted drug minimum price system
The Ministry of Health and Welfare is considering gearing up its move to ameliorate the current actually transacted drug minimum price system, which has been implemented since 1999, as part of efforts to ensure better...
No medical services for Korean patients in Special Economy Zone.
The Korea Oriental Medical Association (KOMA) announced to oppose the revised provision draft of allowing the medical services even for the domestic patients at the foreign hospitals established in the special economy...
Wyeth Executive Vice President's visit boosts Korea's positioning in global market
Bernard J. Poussot, Executive Vice President and President of Pharmaceutical Divisionof Wyeth, visited Korea on September 19-20 with an aim to encourage the morale of employees and facilitate multinational clinical tr...
Foreign drug makers must overcome challenges from Korean competitors
Despite the brisk EDI (electronic data interchange) claim results for the first half of this year, foreign players like Pfizer are expected to face an uphill battle in Korea due to intensifying competition fro...
Long term efficacy and safety, essential in choice of hypertension drug.
It is well recommended for any ideal hypertension drug to make choice in terms of its long term efficacy and safety.
Seoul Internal Medicine Medical Association under the sponsorship of Pfizer Korea held a seminar...
KFDA to review 855 of new drugs in few years.
At present the total 855 drugs should be reviewed, of which the products from GSK among the foreign multinational drug corporations and Dong-A among the domestic drug firms are predominant. Lipitor, Plavix and Aprobel...
Korea promotes health and medical cooperation with China
Korea signed a memorandum of understanding (MOU) with China on September 16 as part of its effort to expand the cooperation between two countries in the contagious diseases, according to the Korea Center for Disease C...
EGF-containing cosmetic product to be marketed
Daewoong Pharm said it would sell an EGF (epidermal growth factor)-containing functional cosmetic at the end of next month, as part of efforts to diversify its business line.
EGF, which was first discovered by Dr. ...
Local drug wholesalers making their pitch of homegrown generics to general hospitals
Pharmaceutical business sources say that local drug wholesalers in Pusan and Ulsan are gearing up their amlodipine/glimepiride generics promotion campaigns to university hospitals in a move to counter Zuellig Korea's ...