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Health Minister unveils major welfare reforms
In a recent special press interview with Yakup Shinmoon, which cerebrates its 50-year founding, Minister of Health and Welfare Kim Hwa-joong announced her plans over the nation's health and medical systems. Included i...
Government to set regulation on corporate pharmacy
The ministry of Health and Welfare unveiled its plan to set the model of corporate pharmacy and its approval procedures hereto, as the establishment of such pharmacy is to be legally allowed from next year.
The m...
Four flagship products comprise 50% sales revenue of Handok Pharm
Handok Pharm said that four leading products - Amaryl, Tritace, Munobal, and Festal - accounted for half of sales revenue of the company in 2003, in addition to Lasix (furosemide) showing steady annual growth ...
Health Minister Kim reported 5 major health projects.
The MOHW set up the 5 major projects to be focused in 2004 on 1) the advancement of the health and medical system 2) the top graded health and medical industries 3) the internal substantiation of the social safety net...
Individual tablet descriptions to register in 7 days before sale
Any individual tablets provisionally required to file it registration application for an appropriate description to the Pharmacy Information Foundation at least 7 days before its market release according to the agreem...
Process patent-related disputes seen intensifying
With Korean pharmaceutical firms vigorously aiming to launch the first generic versions of major original drugs whose patent is to be soon expired, a number of patent disputes among domestic pharmaceutical firms and f...
Hanmi Pharm vows to make inroads to European market
Hanmi Pharm has recently won market authorizations of its first generic antibiotic ceftazidime from the UK and Germany, following ceftriaxone and cefotaxime and vowed to push up with its plan to make quicker inroads t...
Boehringer Ingelheim Korea named 2003 top OTC marketing team
The OTC marketing team of Boehringer Ingelheim Korea was selected as the 2003 best marketing team from Boehringer Ingelheim Operation situated at Asia, Africa and Australia.
Based on the stringent criteria such as...
Boryung wholesale co. to achieve 20.2 BW sales in 2003.
Boryung pharmaceutical wholesale company made, in 2003, 20.2 billion won of net sales, 2.62% up from the previous year, 515 million won of operating income (56.6% up) and 590 million won of ordinary income (41.29% up)...
Green Cross Sang-A achieved 125% of sales growth in 2003.
Green Cross Sang-A reported their 2003 annual business performances by 104.4 billion won of net sales (125.5% up from the previous year), 7,343 million won of operating income, 6,150 million won of ordinary income an...
