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Domestic market for erectile dysfunction drugs contested by three foreign-invested firmsFollowing the recent approval of Bayer's Levitra tablet, a new drug for the treatment of erectile dysfunction, the domestic market for erectile dysfunction drugs has emerged as ...
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Health insurance allowance possible for Vioxx tablet to elderly patients over 65 ages from this...
Health insurance allowance possible for Vioxx tablet to elderly patients over 65 ages from this September
The Ministry of Health and Welfare recently revised terms for health insurance allowance for Vioxx tablet fr...
Government to investigate accurate incomes of 10 professions
The government sources said on August 18 that the extensive probe on the accurate income of 10 professions is to be conducted until the end of this year, according to the government officials from the Ministry of Heal...
Prescription drugs to display with caution at pharmacies.
It is pointed out that the display and storage of prescription drugs at pharmacies are not well cared but in need of more cautions, probably because of a narrow space and cumulative inventories.
Some pharmacies wer...
Imported food distribution substantially to be controlled.
The MOHW announced that the revised working rules of the Food Hygiene Act take effects from Aug. 18, covering that all imported foods should be under the substantial controls in its quality examination and distributio...
Corporate earnings figures lackluster in first half
With Korea's economy on the brink of recession, domestic pharmaceutical business conditions has been in the doldrums but the management of some pharmaceutical makers rolling out new drugs has seen better perfo...
Government urged to boost domestic R&D field via tax breaks, etc.
As part of measures to gear up the domestic pharmaceutical companies' competitiveness in the global BT sector, the government should push up with a variety of R&D investment stimulus measures including more tax benefi...
KFDA to designate tadalafil-containing preparations having possible abuse and misuse of medicine
The Korea Food and Drug Administration announced on August 19 that tadalafil-containing preparations for the treatment of erectile dysfunction will be additionally designated as the possible abuse and misuse of medici...
Kosdaq drug companies: sales up but profit down in 1/2 this year.
As most of KSE listed drug companies did during the first half of this year, the Kosdaq listed pharmaceutical firms also showed their sales increases with profit declines.
According to a survey conducted by Yakup ...
LG's public buyout plan on LG Life Sciences hit snag
LG, one of the largest group in Korea, attempted to make its public buyout application of LG Life Sciences' 4.10 million shares from July 24 to August 12 as part of its efforts to acquire LG Life Sciences as one of LG...
