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MOHW, “Incentives for innovative pharmas will be enlarged”

The Ministry of Health and Welfare(Minister Jin-Yup Jung, MOHW) announced it held the ‘Field Conference for Innovative Pharmaceutical Companies’ on the 11th to share various results of 47 innovative pharmaceutical com...

Outsourced research for household drugs will be revealed within January

The result of the outsourced research for household drugs will come out within this month. According to the Ministry of Health and Welfare(MOHW), the final report of the outsourced result has been completed, and it w...

NanoEnTek signs distribution agreement with America’s largest distributor McKensson

NanoEnTek announced on the 10th that its subsidiary NanoEnTek USD, Inc. sign a distribution agreement for the FREND product with the America’s largest pharmaceutical supplier, McKensson Corporation. This is another l...

Seoul Pharmaceutical Distribution Association declares unacceptance towards serial number system

In terms of obligation of the real-time reporting system for drug serial number, the pharmaceutical distribution industry has started to make strong opposition. The Seoul Pharmaceutical Distribution Association(Presi...

60 2nd & 3rd generations running pharmaceutical companies

While 2nd and 3rd generations have actively operated pharmaceutical companies, there were 60 owner-family executives born in later than 1960. Particularly, 13 2nd, 3rd and 4th generations of the owner family were prom...

Will MFDS become a clean organization from corruption?

The Ministry of Food and Drug Safety(MFDS), which had a series of corruptions related to food and medicine, is trying to become a clean organization. As experiencing a number of issues with its employees’ deviant beh...

SK Chemicals’ hemophilia treatment, AFSTYLA, approved by EMA

SK Chemicals(CEO Man-Hoon Park) announced, on the 10th, the hemophilia treatment ‘AFSTYLA’ acquired the final commercialization approval from the European Medicines Agency(EMA). Thus, AFSTYLA becomes the first drug en...

Humedix recruits CEO Goo-Wan Jung, former CEO of Allergan and Alcon Korea

Huons Global announced the company recruited Goo-Wan Jung, who used to be a CEO at Allergan Korea and Alcon Korea, as a CEO of Humedix on the 9th. CEO Goo-Wan Jung, a graduate of Sogang University majoring in busines...

Hanmi Pharm Group’s active overseas expansion of integrated logistics service

Hanmi Pharm Group will actively start to expand the general logistics business, particularly related to the medical device field, to foreign markets. On the 9th, Hanmi IT(CEO Jong-Hoon Lim), a subsidiary of Hanmi Pha...

MOHW’s focuses of 2017: ‘preference to taxation & drug price, support in overseas expansion’

The Ministry of Health and Welfare(MOHW) announced the 2017 plan for growth of the health and medical industry. On the 9th, the MOHW(Minister Jin-Yup Jung) made a report of the 2017 work plan on the subject of ‘Jobs ...

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