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KHIPA to drive strategic projects for export promotion.
In an attempt to encourage drug exports, the Korea Health Industry Promotion Agency (KHIPA), decided 2003 business projects after selecting a potential business item to improve the world trade balance in the health in...
Cautious attitude of domestic drug makers required for successful co-promotion with foreign partners
Amid the increasing trend of co-promotion agreements between the Korean pharmaceutical firms and foreign counterparts, market experts have recommended that domestic pharmaceutical firms need to be more cautious of the...
Prices of 282 items to be reduced from this July
The Ministry of Health and Welfare said on June 10 that the health insurance prices of 282 items from 83 pharmaceutical firms will be reduced from this July 1st, as prices of these items were found to be lower than ce...
Direct importation of Glivec's copy product sought
The group of leukemia patients and the Glivec publicity group said recently that Glivec's copy drug "Veenat" was directly imported from Indo's Natco at a price of $2 per tablet and thus each leukemia patient would be ...
Bio-engineering Research Institute to publish bio safety white paper
Korea Bio-Engineering Research Institute (President: Yang Kyu-whan) published "Bio Safety White Paper" for the first time in Korea supported by the Ministry of Industry and Energy covering 1) the general status of gen...
Business tie-up between Green Cross and Specialty Lab.
Green Cross has made an exclusive business association with Specialty laboratory, one of the top American clinical diagnostic laboratory, especially for the diagnosis of rare diseases which were used to test overseas ...
Imports of finished pharmaceuticals surge sharply
Korea's total imports of finished pharmaceuticals in 2002 reached $587,191,523, up $98,032,336 compared with $489,159,187 from a year earlier, the Korea Pharmaceutical Traders Association said recently.
According t...
Erroneous issuance of prescription still prevailing
Local doctors' erroneous issuance of prescriptions in terms of dosage & administration, code and name of drugs remains rampant and to cope with the prevailing problems, pharmacists are required to strengthen their rev...
Use of herbal ingredients in health foods in debate
As the Health Foods Law will become effective from August 26 this year, the Herbal Pharmacology Professors Federation held its urgent meeting on June 4 at Sookmyung Women's University and decided to conduct its own to...
Domestic drug companies to enjoy ethical markets.
Domestic pharmaceutical companies are making quite a satisfactory business activity in the prescription drug market where most of foreign multinational drug corporations have exclusively enjoyed. This in turn may help...