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33 orphan drugs approved last year, 15 of them were antineoplastic antibiotics

The number of orphan drugs approved by the Ministry of Food and Drug Safety was 33 products, and 15 of them were antineoplastic antibiotics. According to the analysis result of the 2016 orphan drug approval status us...

“MSIP has no plan to deliver medicines using drone”

The Korean Pharmaceutical Association(KPA) stated “Medicine delivery is not a part of the demo drone delivery project announced by the Ministry of Science, ICT and Future Planning(MSIP).” On the 9th, Policy Director ...

Distribution companies have trouble returning medicines between pharmacies and pharmas

Since a Korean pharmaceutical company has recently announced a plan to differentiate balance of accounts for returns by expiration date, the issue of returning stocked medicines has been highlighted once again. In par...

Pfizer Pharmaceuticals Korea’s ‘Xalkori’ extended in insurance benefit from this January

Pfizer Pharmaceuticals Korea(CEO/President Dong-Wook Oh) announced its targeted therapy for lung cancer, ‘Xalkori(generic name: crizotinib),’ will be applied by the health insurance benefit as a primary treatment of a...

Will imprisonment of director of pharmaceutical company impact the industry?

As a director of the pharmaceutical company Y was sentenced to imprisonment even at an appeal on the 6th, the pharmaceutical industry has been tense. In consideration of the fact it is the first case for a director o...

Director of pharmaceutical company Y sentenced to imprisonment at appeal

A director of a medium-sized pharmaceutical company Y, who was sentenced to imprisonment for provision of rebates to doctors, was sentenced to imprisonment again at the appeal. According to industry concerned, the Se...

OTC drugs only accounted for 18.2% of the total medicines approved last year

Less than 2 of 10 pharmaceutical products approved last year were OTC drugs. According to the Ministry of Food and Drug Safety, the total number of pharmaceutical products approved last year was 2,853 products. In t...

KPDA gives notice of high-intensity responses to unfair pharmaceutical agreements

The Korea Pharmaceutical Distribution Association(KPDA) has given a notice of high-intensity responses to unfair agreements on a basis of its member companies’ reports. The KPDA has pointed out agreements between pha...

Beijing Hanmi Pharm enters world’s largest pharmaceutical automation market with JVM

Beijing Hanmi Pharm(CEO Hye-Ryong Lim), a Chinses branch of Hanmi Pharm Group, will enter the medicine control and manufacturing automation system market through its affiliate, JVM. Thus, Beijing Hanmi Pharm will sup...

FTC focus on monitoring pharmas ‘reverse payment agreement’

The Fair Trade Commission(FTC) showed the 2017 business plan and announced to focus on pharmaceutical companies’ reverse payment agreements. The FTC criticized the pharmaceutical field’s enforcement(March 15 2015) of...

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