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Pharmas continue this R&D this year too

New drug development will continue. Major Korean pharmaceutical companies have a plan to export new drug pipelines and commercialize them. In order to export, transfer and commercialize technology, they have more act...

Hanmi becomes pharma having the highest No. of overseas new drug pipelines

It was observed Hanmi Pharm was the Korean pharmaceutical company which has the highest number of new drug pipelines in progress of overseas clinical trial. According to the status of Korean pharmaceutical companies’...

MFDS announces pharmaceutical products under Drug Utilization Review(DUR)

On the 16th of February, the Ministry of Food and Drug Safety(MFDS) made a public announcement of 607 pharmaceutical products to appropriately use them under the regulation for the Drug Utilization Review. These prod...

This year’s business key words, “overseas expansion and new drug development” in pharma industry

It was analyzed pharmaceutical and biotechnological companies have set their management keyword to ‘overseas expansion’ and ‘new drug development’ this year. According to the analysis result of major pharmaceutical a...

Listed pharmas’ cash dividends less than the last year

This year, listed pharmaceutical companies were analyzed to have cash dividends less than the last year. It was told some of the pharmaceutical companies have not decided availability of cash dividends yet despite th...

Bill will be prepared for KPA’s ethics commission to make request to revoke license

A bill will be prepared to allow the Korean Pharmaceutical Association(KPA) Ethics Commission to make a request to the Ministry of Health and Welfare to cancel the license of pharmacist who are diagnosed mental illnes...

Online drug shopping mall market fueled with competition

Ildong ECommerce, a subsidiary of Ildong Pharmaceutical, opened an online shopping mall ‘Ildong Shop’ through expansion on the 20th, which will fueled competition in the pharmaceutical e-commerce market. ‘Ildong Shop...

Rep. Do-Ja Choi “Government employees handling drug approval must be restricted in stock trading”

An opinion was suggested that employees concerned to drug and biologic approval must be restricted in stock trading. People’s Party Rep. Do-Ja Choi made the request to the Ministry of Food and Drug Safety(MFDS) at th...

Korea United Pharm’s Vietnamese PIC/s GMP certification through ‘public-private’ cooperation

As generating the first outcome after Korea joined in the PIC/s(Pharmaceutical Inspection Co-operation Scheme), the pharmaceutical industry has raised an expectation of having similar outcomes in the future. Since it ...

Implementation of 3-year license reporting system for doctors and Korean medicine doctors

The 3-year license reporting system for doctors and Korean medicine doctors will be implemented, and if they do not renew their license, the license will be suspended. On the 16th, the Ministry of Health and Welfare ...

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