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Pfizer Korea seeks its own sales force for combined product portfolio

As Hank McKinnell, chairman and chief executive officer of Pfizer Inc, said that its merger plan with Pharmacia Corporation will close during April of 2003, Pfizer Korea and Pharmacia Korea are stepping up their negot...

Drug advertising activities slow down due to recession.

The drug advertising activities showed under strict controls mainly due to the current economic recession and the government's drug price slashes. The KPMA report shows the number of drug advertising preview durin...

Legislators push for an act to establish Oriental Drug Administration

A contingent of 43 lawmakers announced recently they proposed a revision of the current government organization laws to the National Assembly, with an aim to establish another Oriental Drug Administration to be superv...

KFDA approves Diovan for Heart Failure

Novartis Korea said that the Korea Food and Drug Administration approved an antihypertensive agent Diovan (valsartan) to treat heart failure in patients who are intolerant of angiotensin-converting-enzyme (ACE) inhibi...

Upper class drug companies targeting at 100 Billion Won of sales.

100 billion won of the sales is the most attractive target for most of ambitious drug companies to put their ultimate goals this year. It also implies a symbolic number for the upper class drug companies to pursue, in...

Drug makers of renowned brand items carve out bigger market share

Under the 80:20 rule originated from Vilfredo Pareto that a minority of input produces the majority of results, leading pharmaceutical manufacturers have witnessed a sharp increase of more than 15 percent in their mar...

Cancer patients are benefiting from Iressa's expanded access program

The Korea Food and Drug Administration said it will continue to conduct an expanded access program of Iressa treatment for patients with a non-small cell lung cancer who no longer respond to conventional chemotherapy,...

Herbal Drug Industrial Council formation under consideration.

The MOHW is now intending to revise the related provision for the formation of a Herbal Drug Industrial Council to foster the herbal drug industry at an international competitive level. In the interpellation meeti...

KPA to block expedient establishment and registration of pharmacy in medical institution site

The Korea Pharmaceutical Association said recently it will endeavor to stamp out any illegal acts aiming to establish a pharmacy, as there is a growing trend that after the implementation of SDP function, some individ...

Prescription in generic drug names to implement under people's consensus.

In the interpellation meeting on April 10 during the National Assembly plenary session, Minister Kim Wha-joong responded to the question raised by Rep. Park Shi-kyoon, a lawmaker of the Social and Cultural Committee o...

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