All Type of News
Domestic pharmaceutical firms eyeing the items with sales greater than 10 billion won
According to the overall management strategies of major domestic pharmaceutical firms this year, the majority of pharmaceutical firms are concentrating their sales and marketing efforts to cultivate ethicals with more...
Pfizer-Pharmacia merger to be completed by the end of first quarter
Pfizer's Chief Executive Officer Henry McKinnell and European Union antitrust chief Mario Monti said on January 24 that they are making on getting Pifzer's $56 billion purchase of rival drugmaker Pharmacia Corp. appro...
More benefits for medical service than insurance premium.
According to "2002 Health and Welfare Statistics" published by the MOHW, people paid 192,145 won of the national health insurance (NHI) premium per person while benefitted with its medical service under the NHI scheme...
2003 quality control inspection program for 2,300 drugs eyed
The Korea Food and Drug Administration (KFDA) said it would implement its 2003 quality control inspection program on a total of 2300 items (1,300 voluntarily collected items plus 1,000 planned inspection items...
Dispensing without prescriptions found most prevalent violations.
The recent pharmacy inspection revealed that the dispensing without physician's prescriptions were most prevalent, requiring a special caution at pharmacies, especially selling drugs for quality of life improvement su...
Notice to our readers
Due to vacation English Yakup Daily will not publish January 31(Friday) 2003, thru February 3(Monday), 2003.
We resume publication on February 4(Tuesday), 2003.
Happy new year!
- management-
Novartis turns up merger heat on rival Roche
Basel-based Novartis revealed on January 23 that it had spent $2.1 billion (11.4% voting stake) to lift its voting stake in Roche Holding AG to 32.7 percent, following Novartis's 21.3% stake at the end of 2001.
Fin...
Bayer's pharma deal still cloudy
Industry sources said that Bayer AG is likely to secure a partner for its ailing drug unit for at least another three months.
"Bayer AG had identified as many as 15 potential partners around the globe but any deal ...
Pharmacy illegal dispensing on remarkable declining trend.
The government inspection against the total 3,682 including 1,749 pharmacies, 179 drug wholesalers and 1,604 medical device sellers during the 4th quarter of 2002 detected the total 131 of violators, showing a remarka...
False and exaggerate drug advertising most in prevalence.
The government's pharmacy inspection revealed that violation was mostly prevailed in the false and exaggerate drug advertising and wrong labelling on the drug packages following 29.6% of the adulterated drugs.
The ...
