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Application for bio-equivalent test doubled in May.
The number of application for the bio-equivalent test in May rose rapidly amid which bio-equivalent test shall be obligated to submit for any generic product registration from the 2nd half of this year but the price ...
Criticism mounting over Zuellig Korea's excessive royalty payment to HK-based headquarters
With Zuellig Korea's recent announcement that for the past four years it had paid a total of 5.4 billion won to Hong-Kong-based Zuellig Pharma Holding Limited, known as the largest shareholder, in return for market an...
24 KSE-listed pharmaceutical firms post strong 1st-quarter earnings
The combined first-quarter turnover of the 24 major pharmaceutical firms closing fiscal year in December, which is listed in the Korea Stock Exchange, posted 813.6 billion won, up 9.32 percent compared with 744.2 bill...
Competition heats up in functional drinks marketWith the weathermen's forecast that this summer heat will come earlier than expected and there is increasing well-being life style trend for better health in public, a number of...
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Public hospital bidding should be systematically trimmed.
The drug industry and distribution communities loudly voiced out that the government should set up a systematic framework for the national and public hospital's bidding in their drug purchases in order to prevent the ...
Immunity gene therapeutic technologies predicted market dominance in 10 years.
A bio technology expert predicted that the immunity gene therapy would be recognized as a leading therapeutic technology in coming years, and so important that its provisional ground and infrastructure should be built...
Activation of OTC sales crucial to survival of domestic pharmaceutical industry
Despite local medical community's allegation that planned attempt to promote OTC sales by some pharmaceutical firms may encourage the illegal dispensing of pharmacists and impair the intrinsic treatment rights, there ...
Drug wholesalers want government intervention in state-run hospitals bidding market
Faced with severely disturbed transaction order in the national and official hospitals bidding market, fueled by a variety of reckless price dumping acts among fierce competition, domestic drug wholesalers are now cal...
Hanmi Pharm reports strong 1st-quarter results
Hanmi Pharm, which made new launchings of nefedipine (a generic version of Bayer's Adalat Oros with 25 billion won in sales) and Testogel (testosterone) for men in April, reported a strong performance for its fiscal f...
KPA to adjust ideal drug classification
The Insurance Committee of Korea Pharmaceutical Association (KPA) took a meeting along with chief commissioners from the city and provincial insurance related committees on May 14 to discuss and adopt an ideal readjus...
