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Due to summer vacation English Yakup Daily will not publish July 31(Wednesday), thru August 4(Sunday), 2002. We resume publication on August 5, 2002(Monday) - management -

Questions arise over drug firms' lobbying

Market observers say that the whole domestic pharmaceutical industry are drawn into the vortex of the illegal lobbying of multinational pharmaceutical firms, amidst the government reservation of a set of drug pricing ...

Foreign-invested pharmaceutical firms turn to aggressive marketing

Foreign-invested pharmaceutical firms are employing aggressive marketing tactics in a bid to take the leading position in the domestic pharmaceutical market within thee years with their new products. Janssen Korea...

Over 7,000 drugs without efficacy equivalency proof soon to exit.

Over 7,000 drugs in tablet, capsule and suppository out of the total 12,000 items provisionally required to perform the drug efficacy equivalency test seemed to be eliminated from the NHI reimbursement schedule. Th...

KPTA to support pharmaceutical production plant in NK.

The North Korea Visit Team comprising of 5 top executive members of the Korea Pharmaceutical Trade Association (KPTA) including Chairman Chung Seung-whan of Hanbul Pharm. Co., Vice Chairman Chung Ji-suk of Hanmi Phar...

Daewoong Pharm spinning off businesses

According to industry source, Daewoong Pharm decided it will spin off its pharmaceutical business, thus dividing the firm into two units prescription drugs and investment consulting therefore becoming a professional...

U.S. wielded pressure on Korea over drug-related pricing policies on 26 occasions

"The United States pressured the Korean government over the drug-related policies on 26 occasions since May last year, and a public hearing needs to be convened for fact proofing," said Rep. Kim Hong-shin of the conse...

KRPIA to deny former health minister's allegations

Composed of 27 foreign pharmaceutical companies operating in Korea, the Korean Research-based Pharmaceutical Industry Association (KRPIA) denied allegations raised by former Health Minister Lee Tae-bok that he was rep...

KRPIA appointed Jan Peterse as new chairman

The KRPIA has appointed Pharmacia's president Jan Peterse as a new chairman and he succeeds Mark H. Johnson, president of Lilly Korea, who is leaving Korea next month for joining Lilly Headquarters. A. KRPIA offici...

Interim injunction against drug price policies to come out within this week.

Within a week the court seems to make the final judgement over the interim injunction filed by the pharmaceutical industry against the government unfair measures of drug price slashes. 5 pharmaceutical companies in...

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