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Harmful cosmetics prevailing in home-shopping and internet sales.

Many harmful cosmetics containing hazardous components are being sold in a false and exaggerated advertising at the internet or TV home-shopping channels. The KFDA in association with the Police agency jointly inve...

MOHW to foster herbal medicine development projects.

The MOHW announced to support the oriental herbal medicine as a consolidated development project including the construction of the herbal drug industrial parks in close cooperation with the respective regional governm...

OTC wholesalers bracing for coexistence with Zuellig Korea

Tension has been intensified between domestic OTC wholesalers and Zuellig Korea over the latter's recent dumping order from some pharmaceutical firms. In the August 25 meeting with Zeullig Korea, representatives ...

Dermatologists selling cosmetics by prescription

The Green Customers Solidarity says that following complaints from customers that some hospitals and clinics have engaged in selling high-priced cosmetics and health foods, its survey conducted on July 18-23 this year...

Biosapogen to develop antineoplastic agent containing ingredients of ginseng

Korea Green Cross Sang-A said that its affiliated company Biosapogen, bioventure firm having differentiated gensenoside, is economically producing Rh2 and Rg3, which are contained in a wild ginseng as small amounts, o...

Pharmacy communities blocking drug price instability.

A chronic and troublesome price instability of OTC drugs in the pharmacy market appeared with worst problems these days in the retail pharmacy community, showing 2 to 3 fold of price deviations in different regions. ...

Pharmacists in great worries over home-shopping business

During the past few years so called "Home-Shopping" business, a cable TV shopping with direct delivery business, has substantially deprived of the pharmacy markets at such a horrible stance that pharmacy healthcare pr...

New and modified drugs researches invigorated.

Many leading domestic drug companies are reinforcing their R&D investment for the new and modified drugs. Especially many modified new drugs seem to come out next year. According to Yakup Press survey against the l...

Domestic pharmaceutical firms urged to augment actual R&D investment

Although some leading pharmaceutical firms have embarked for their sizable investments in R&D new drug projects, the majority of domestic pharmaceutical firms have concentrated their R&D outlays on labor costs...

Domestic pharmaceutical industry expected to suffer 30.0 billion damage due to price cutbacks

The combined loses suffered by pharmaceutical firms due to the government's price cutbacks of drugs based on the actually-transacted minimum drug price system will reach 30.0 billion (each firm will suffer a loss rang...

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