All Type of News
President Roh vows to focus on BT sector for nation's better competitiveness
President Roh Moo-hyun said on January 9 that the government would take steps to nurture Korea's high value-added biotechnology industry in a bid to ensure the nation's better competitiveness and maintain advantages i...
Domestic pharmaceutical firms mull increasing R&D spending in 2004
Amid gloomy prospects that Korea's economy would hardly pick up until mid-2004, some of major domestic pharmaceutical firms are determined to achieve their revenue targets in 2004 by giving priority to R&D sector mor...
Levitra with larger frequency of prescriptions at pharmacies neighboring university hospitals
Levitra, which has been co-promoted by Bayer and GlaxoSmithKline worldwide, has encompassed a larger frequency of prescriptions at pharmacies neighboring university hospitals due to rapid manifestation of efficacy and...
Drug industries depressed with new NTS' expense report policy.
The National Tax Service (NTS) announced on Jan. 5 that effective from Jan. 1, 2004 any tax deductable entertainment expenses amounted over 500 thousand won should be reported with attachment of detailed evidence desc...
Many psychotropic drug registrations to be self cancelled.
Quite a number of psychotropic drugs have been withdrawn out of the total 112 compounded Dextromethorpane lines that were transferred to the control drug in Oct. last year.
The KFDA reported that 34 new drugs out o...
New drug, Cialis, to challenge Viagra in Korea: survey
In the domestic market for male impotence drugs, Lilly's Cialis encompassed 44.4 percent of new prescriptions in December of last year, challenging a dominant rival, Viagra, a recent survey showed.
Lilly Korea said...
KFDA pushes separation of manufacturing license from product license
The Korea Food and Drug Administration said in the 2004 main affairs that it has drafted a revision bill designed to separate the manufacturing license from product license in a bid to help support the industrializati...
LG Life Sciences to supply Euvax-B vaccine to UNICEF and PAHO
LG Life Sciences said on January 7 that it has signed an agreement with international agencies under the United Nations for its massive export of its hepatitis B vaccine "Euvax."
According to the company, 21 billio...
Pharmacy Management Institute to activate strategic business tie-up.
Korea Pharmacy Management Institute (KPMI), a professional pharmacy management consulting agency, announced to implement an aggressive pharmacy management activity by means of exploring a strategic business tie-up wit...
Seoul Pharmaceutical Wholesalers Association set up 5 major projects.
President Hwang Chi-yeop of Seoul Pharmaceutical Wholesalers Association opted for 5 major core projects during the brief talk meeting in presence of the executives from 8 public and private organization on Jan. 6, wh...
