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Boryung to expand cephalosporin GMP plant

Boryung Pharm marked on May 7 its ground-breaking ceremony for the expansion of cephalosporin production facility in Ansan of Kyungggi Province, for the manufacture of cephalosporin injections, lyophilized preparation...

Health functional food registration to be ease.

The registration process of the health functional food products seems to be much easier in the future. KFDA plans to provide a program of "Counting program for the ratio of food product compatability" in order for...

Pharmacist association negatively responded to Pharm Bank.

Recently the Gyeonggi province office intended to establish so called "Pharm Bank" of which unused drugs or remnant stocks at retail pharmacies in the province would be collected for free supplies to unprivileged peop...

Poor consolidated income statements haunt local pharmaceutical firms

Overall, major pharmaceutical firms' management conditions have been deteriorating amid protracted business slump and to make matters worse, their affiliated companies have been in the same fate as the parent firms, a...

Drug-related regulations to be streamlined

The government will streamline drug-related procedures for complaint filings, the Korea Food and Drug Administration said recently. Lee Hee-sung, a director-general of the Korea Food and Drug Administration, said t...

Ildong's Aronamin Gold and Biovita approved by US FDA

Ildong Pharm said on May 10 that the U.S. Food and Drug Administration has approved its Aronamin Gold, a multivitamin preparations and Biovita, preparation for intestinal flora for children. Ildong officials noted...

Drug makers struggle to create key products of 10 billion won sales.

Leading domestic pharmaceutical firms are trying to create their key products at the level of 10 billion won sales in order to generate their stable revenue and income, after fully realizing that the company hardly ov...

Chewable Vitamin C supplement to launch in food markets.

Uginong House (president: Han Jae-wook), an organic agricultural product company, announced on May 6 that Colosvita chewable tablet formulated with vitamin C and colostrum was launched to the food market. The colostru...

HIRA to open a discussion program twice a month.

Health Insurance Review Agency (President: Shin Uhn-hang) is running an open discussion program twice a month for the purpose of promoting a discussion and research atmosphere over the national health insurance system...

Korean generic drug exporters advised to cultivate markets in advanced countries

With the growing trend of accelerated consumer access to generic drugs and large reimbursement price cuts in advanced countries such as the US and Japan, market analysts proposed domestic generic exporters put their p...

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