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Revised bill of Bio Engineering Fostering Act approved.
The National Assembly passed the bills for the Science and Technology Act and the revised Bio Engineering Fostering Act raised by the Ministry of Science and Technology on Dec. 9.
Now, the construction project for ...
Logistic cost down playing key role in competitive enhancement.
Kyeongdong Drug Wholesale company recently set up the updated warehouse management system (WMS) at their logistic warehouse of 450 pyongs of space by about 400 million won of investment.
Chairman Lee Kyo-sam of th...
LG Life Sciences set to commercialize new anti-hepatitis B drug in 2007
LG Life Sciences announced that its own novel anti-hepatitis drug (LB80380) under development will be launched by 2007, as the drug has proven to be effective and safe as a result of foreign trials.
The company pre...
Establishment of new bio-substance safety and efficacy screening center eyed
The Korea Food and Drug Administration said on December 15 that the establishment of a new substance safety and efficacy screening center is being soon promoted within its toxicology research institute, as such a scre...
Bioventure firms eyeing health foods market
Recently, a great number of bioventure firms are rushing to advance into the domestic functional health foods market in addition to their R&D new drug projects, industry sources said.
The sources noted that the mov...
Domestic drug companies seeking stronghold wholesalers.
It was earlier reported that foreign multinational drug corporations in Korea were trying to do their business with stronghold wholesalers in the respective regions, and now the similar strategy already adopted by a d...
Informant for disposal bag use at pharmacies to be rewarded.
Effective from January 1 next year the Ministry of Environment (MOE) notified to the Korea Pharmaceutical Association that a certain level of rewards would be paid to any one who informs the use of disposable paper ba...
61.4% of pharmacists quit jobs
61.4% of pharmacists at pharmaceutical firms give up their jobs due to poor working conditions, a recently survey showed.
The survey of 433 pharmacists at pharmaceutical firms, conducted by the Pharmaceutical Indus...
Ministry of Science and Technology to lead biopharmaceutical sector
In the recent breakfast meeting on December 10, which was attended by Minister Kim Chin-pyo of Finance and Economy, Chairman Kim Byung-jun of Government Reform Autonomous Committee, and ministers and vice-ministers fr...
Legal fight on finasteride between MSD Korea and Choong-wae Pharm gets into full swing
The legal battle between MSD Korea and Choong-wae Pharm has begun, as a local court plans to convene a hearing on a request for an injunction against the production and marketing of Finastar (finasteride), benign pros...