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10 new natural drugs projected to develope by 2010.

In the symposium titled "The new natural drug development trends and its administration system" sponsored by the Korea Health Industry Promotion Agency on June 20, Dr. Cho Yong-baek of SK Chemical and Mr. Chae Kyu-han...

MOHW to disclose subordinate provision drafts of Health Functional Foods Act.

The MOHW announced the drafted bills of the working rules and the enforcement decree of the Health Functional Foods Act on June 24 as a enforcing follow up of the Health Functional Foods Act (Aug. 26, 2002, No. 6727) ...

Women power ever growing in pharmacist society.

The women power inside the pharmacist's society is so rapidly growing that their role in the future pharmacist policy making seems to play with more importance. In fact 3 lady pharmacists, Ms. Cheon Hae-sook, Ms. ...

Medical circle insists on scrapping of HIRA's screening criteria on common cold, etc.

Tension will become escalating between the government and medical circle over the projected implementation of a new clinical diagnosis criteria on acute respiratory tract infections, which was previously drafted by th...

Task force team to be formed for brisk OTCs sale

In a desperate effort to boost the dampened sales of over-the-counter (OTC) drugs in domestic market, the Korea Pharmaceutical Manufacturers Association and the Korea Pharmaceutical Association has recently agreed to ...

Drug Day to be revived on this October 10

It is likely that Drug Day, which was abolished in 1975 due to emergence of similar events since its enactment in 1961, may be re-celebrated from this October 10 at the latest, industry sources said recently Repre...

Pharmacist community opposing to lengthen HIRA's bill review times.

The Seoul Pharmacist Association, the medical and pharmacy separation committee expressed an official opposition to the HIRA's review times for the dispensing bills, which was attempting to extend currently from 15 da...

Foreign-invested pharmaceutical firms seeking to hire Korean CEOs

Some foreign pharmaceutical firms are trying to find eligible Korean CEOs for their efficient operations but with little success so far for one month, industry watchers said recently. Currently, two CEO posts of MS...

BMS Korea denies possible M&A as groundless

BMS Korea dismissed an allegation that it is proceeding with the acquisition of a Korean pharmaceutical firm. An official from BMS Korea said, "It is nothing but a rumor. The company has positively tried to seek a ...

Domestic wholesalers has nowhere to retreat

The Korea Drug Wholesalers Association said it would set up a contingency committee for protecting wholesaler's right sooner or later, in an attempt to cope with the outstanding issues affecting domestic wholesaling i...

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