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Three local firms' shares emerging as higher growth potential this year
With the prevailing prediction that Korea's gross domestic product in 2004 will reach at a 4.8 percent mark while drug's shipment index and output will hover at 8.1 percent and 4.9 percent, respectively, Shinheung Sec...
Government OKs local operation of Institut Pasteur Korea
The Ministry of Science and Technology said it approved the establishment of Institut Pasteur Korea under the provisions of Civil Law on February 26, with an address having 39-1 Hawoelgok-dong, Sungbuk-gu, Seoul.
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Optional dispensing system may cause drug abuse.
Prof. Cho Heung-joon of Ulsan College of Medicine pointed out that so called optional dispensing might cause a serious drug abuse. The optional dispensing system has been recently surfaced by the medical circle, which...
Health functional foods to be freely sold in pharmacies.
The National Assembly, Legislation and Judiciary Committee reviewed and confirmed the bill covering the health functional foods at the 2nd subcommittee after the hearing of Minister Kim Wha-joong of MOHW on Feb. 26 an...
Pacific Pharm. agreed with 11% dividend in stockholder's meeting.
Pacific Pharm. Co. (President Lee Woo-young) had the 22th general shareholder's meeting at 10th fl. of Pacific building on Feb. 27 and decided cash dividends at 11% for common stocks and 12% for preferred stocks.
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Domestic antihyperlipidemic market heats up
With more than 60 items flooding in the local antihyperlipidemic market, a number of domestic pharmaceutical markers listed in the top 10 ranks are taking up a larger proportion of market share even in the fac...
Korea's pharmaceutical exports to Japan grew 11.7 percent in 2003
Korean exports for pharmaceuticals to Japan increased 11.7 percent to $128 million last year, following a surging growth rate of 39.1 percent from a year earlier, according to data released by the Korea Pharmaceutical...
Novartis discloses 16 oncology projects
Novartis AG held its first Asia-Pacific Oncology Summit in Hainan, China, on February 22 and said that a total of 16 oncology projects are being undertaken to provide a brad range of innovative therapies.
In that ...
Disputes on electronic prescription delivery system sorted out.
Bucheon pharmacist association announced on Feb. 26 that the issue on the Kiosk type of the electronic prescription delivery system made all clear in association with 4C Gate Inc., the delivery supplier.
The agreem...
HIRA refunded 270 million won of overcharges to patients.
HIRA reviewed the medical charge claims raised by patients in 2003 and found out that about 270 million won was overcharged by the medical institutions, which was refunded to patients.
According to HIRA's reports...