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Rules concerning license and screening of biological preparations, etc. revised

The Korea Food and Drug Administration announced on May 23 that it revised rules concerning license and screening of biological preparations and biotechnology based drugs so as to separate these items from OTC product...

Impotence drugs in hot combatting market stage.

The competitive phase of impotence drug markets has been surfaced after completing their underground detecting works each other. Lilly Korea is now concentrating their efforts on Cialis by recruiting more sales st...

Government to permit new establishment of foreigner-owned pharmacy from July 1st

The government unveiled a latest plan to allow the pharmacy business activities of foreigners within economic free zone from July 1st this year after getting a registration approval from the Minister of Health and Wel...

Drugs for children must pack in special safe containers.

Effective from July 1 this year 3 pain killers for pediatric uses including Acetaminophene legally require to be bottled in a special safe container. Besides, new provisions instructed for the pharmacologically potent...

License procedures concerning manufacture of OTCs eased

The Korea Food and Drug Administration announced recently that a series of measures designed to expand the number of OTC products will be adopted via drug-related reforms including re-evaluation of drugs. The KFDA ...

Medical and pharmacy circles accorded to unify medical system.

The medical and pharmacy community accorded with their joint resolution plans over the current outstanding issues faced in the medical and pharmacy communities, by unifying the current plural medical systems, restruct...

MSD Korea President Lee Seung-woo Korea named executive director in Asia zone

According to MSD Korea, the incumbent president Lee Seung-woo is said to assume the position of executive director who will be responsible for the total strategic program in Asia but it made no comment on who will suc...

Pharmacy chain firms struggling to spark growth amid slump

Overall, domestic pharmacy chain firms' first-quarter sales performance revealed the earlier-than-expected growth under the economic downturn and pharmaceutical slump, thanks to their endeavors to ignite a much-needed...

Top positions of NHIC and HIRA openly to be invited.

The MOHW invites the top positions of the MOHW's affiliated organizations including the NHIC and the HIRA openly in public and announced the open invitation for the executive members of its affiliated organizations on...

Better finance stability in health insurance helpful to pharmaceutical firms

The unexpected finance stability in health insurance may pose a positive impact on pharmaceutical firms, a brokerage house said recently. According to data of a parliamentary inspection and the Ministry of ...

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