All Type of News
Tax breaks aim to boost R&D investment
The temporal adoption of an alternative minimum tax rate will spur smaller pharmaceutical firms to spend more R&D investment, the Korea Pharmaceutical Manufacturers Association said recently.
This series of stimulu...
Lawmakers seek to enact human tissue safety and management law
A group of lawmakers submitted a bill to the National Assembly, promoting to handle human tissue grafting materials (bone, skin, ligament) safely and effectively
The proposed law, which is scheduled to pass the Na...
Domestic migraine drug market expected to grow
Stimulated by the recent strategic alliances between CJ/Yuyu Pharm and GlaxoSmithKline over the exclusive distribution of Naramig and Imigran in domestic pharmaceutical market, Korea's anti-migraine drug market is lik...
Foreign company focused their marketing strategy more on disease.
Instead of letting their brands better aware to the public, the marketing promotional strategies now launching by the most of foreign multinational drug corporation in Korea are targeting more on the disease itself, a...
Factive wins additional indication of multidrug-resistant streptococcus pneumoniae
GeneSoft, which owns all the marketing and regulatory approval rights of LG Life Sciences' Factive (gemifloxacin) in North America and Europe, announced on July 29 that the U.S. Food and Drug Administration has approv...
Korea's bulk drug exporter urged to find niche markets
Although the Korea's bulk drug industry has suffered from sluggish export performance due to price dumping by related manufacturers from China and India, it still has much to do to explore niche markets, business sour...
35 leading vaccine supply companies to form an association.
35 drug wholesalers of supplying vaccine preparations have organized "National Vaccine Wholesale Association" on July 29 for the stable vaccine supplies.
The Association will contribute the disease prevention proj...
Illegal drug distribution by food wholesalers on the rise.
Illegal distribution of non prescription drugs are prevailed in the food wholesalers.
The Central Pharmaceutical Supervision Squad of the KFDA announced on July 30 that they detected and prosecuted 9 food wholesale...
Dispute arises over selection of AstraZeneca's 50 wholesalers
The recent AstraZeneca's selection criteria of 50 wholesalers who will be dealing with its pharmaceutical business has been under fire from many OTC wholesalers, although the multination firm said that the criteria wa...
CJ extends its business sphere to local anti-migraine market with GlaxoSmithKline's NaramigCJ announced that it would introduce Naramig, anti-migraine drug in domestic pharmaceutical market through its exclusive distribution agreement with GlaxoSmithKline, which was d...
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