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Domestic pharmaceutical firms to promote R&D new drug projects via foreign exchanges and joint...

Domestic pharmaceutical firms to promote R&D new drug projects via foreign exchanges and joint research A group of 25 pharmaceutical firms and bioventure companies attended a recent biobusiness and partnering forum...

Expansion of DMF system eyed

The Korea Food and Drug Administration announced on August 12 that it plans to expand the scope of a drug master file system on pharmaceutical bulk materials subject to notification in its bid to ensure better quality...

Medipharm opens No. 1 drugstore in Hawaii

Medipharm, Korea's pharmacy chain firm, unveiled its plan to set up the first overseas chain firm at the neighboring area of a general hospital in Hawaii on August 15. The new pharmacy with a ground area of 30 pyun...

Pharmacy for foreigners only to be open in Incheon city.

A pharmacy for foreigners only seems to be established in Songdo and Yeongjongdo of Incheon city. The Ministry of Finance and Economy decided and announced in the Economic Free Zone Council's meeting on Aug. 5 that In...

Multinational clinical studies under Korean leadership to be activated.

Joint multinational clinical study projects have shown a remarkable progress to an extent that a Korean clinical researcher has been appointed as a research head with many multinational researchers as a result of the ...

Government urged to boost domestic pharmaceutical industry

In a recent press interview, Kim Chung-soo, chairman of the Korea Pharmaceutical Manufacturers Association, said that Korea's future will depend on the pharmaceutical industry fusing biotechnology, information technol...

Two foreign products eye domestic lips protective market

Two foreign brands - Nivea's Lipcare (distributor: Zuellig Korea) and Wyeth's Chapstic (distributor: Daewoong Pharm) - are now expanding their presence in domestic lips protective market and amid fierce summer competi...

Chinese Uwhangchungshimwhan to be officially launched in Korea

The Korea Food and Drug Administration announced on August 6 that it granted a market authorization for novel Chinese version of Uwhangchungshimwhan, saying that its approved brand name is designed to distinguish from...

NHI reimbursement for 518 drugs to be revised.

The MOHW announced on July 31 that the NHI reimbursement schedule would be changed for the total 518 drugs of 171 companies including 255 of new or transferred products registered in the NHI reimbursement list by 95 c...

Establishment of Center for Disease Control and Prevention eyed

The government is pushing ahead with a plan to set up the nation's Center for Disease Control and Prevention as part of its efforts to effectively combat the outbreak of new infectious diseases such as SARS. Vowing...

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