All Type of News
Share of ethical products expanding greatly in the wake of implementation of SDP function
Since the implementation of a new system of separating drug dispensing from medical practice, the output gap in the share of both ethical drugs and OTCs in domestic pharmaceutical market has been expanding, ...
Brisk M&A in domestic pharmaceutical industry
Stimulated by the current consensus that domestic pharmaceutical industry is one of the high value-added industries and growing concern on the biotechnology field, the M&A fever are pronouncing among pharmaceuticals f...
Domestic 7-ACA makers bracing for lower export price
Korea's pharmaceutical makers producing 7-ACA (7-aminocephalosporanic acid), an intermediate of cephalosporin antibiotic, are now striving to cope with its lower pricing of $98.0 kg offered by Chinese counterparts thi...
Internet drug purchase and payment program developed.
Aya dot com (President: Hwang Kang-choon), an internet venture company, has developed a P2P solution program for an internet drug business between drug companies and pharmacy customers financially supported by the Kor...
More imported food supplements found adulterated.
The Seoul KFDA district office found about 0,8% level of the test acceptability this year for the imported food supplements, showing a similar or slightly higher than the previous year.
The total inspection was mad...
KFDA to establish new clinical trial department
The Korea Food and Drug Administration announced that it would set up a new department being mainly responsible for clinical trials during the latter half of this year, in a bid to promote domestic clinical trials and...
Mark Timley named new president of MSD Korea
MSD Korea said recently said that it appointed Mark Timley, sales and marketing director of MSD Australia, as new president of MSD Korea. Timley replaced Lee Seung-woo, who had left the presidency two months ago and w...
Pharmacists favor two-year preservation period of prescription
The Ministry of Health and Welfare said recently that the different preservation periods of prescription in the related laws would be streamlined through consultation with the government agencies.
In response to a ...
Bulk drug production items should be diversified.
The industry has concentrated the bulk drug production largely on antibiotics but recently realized it necessary to diversify to other items.
According to the KPMA data, the total production value of the top 100 bu...
Wholesalers questioning whom to blame for government's drug price slashes.
Recently the pharmaceutical industry blamed the drug wholesalers for their drug prices being slashed by the government. In this complaint the drug wholesale community harshly responded to the industry as claiming to ...
