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Hot disputes on defected drugs.

Drug company and pharmacies raised endless tension on account of the harsh dispute on the responsibilities for 500 or 1,000 tablet sized drugs to keep good quality controls. Recently a salesman of a drug company r...

More R&D investment to foster the pharmaceutical industry as the pivotal industries

Kim Chung-soo, chairman of the Korea Pharmaceutical Manufacturers Association, said during his July 8 press interview that the government needs to promote the domestic pharmaceutical industry as one of the pivotal ind...

Leading five pharmaceutical firms accounts for 60 percent in R&D investment

The combined turnover of the domestic pharmaceutical firms closing their fiscal year at December, including 37 KOSDAQ-listed pharmaceutical firms in 2001, marked an average growth rate of 9.8 percent, to 3.17 trillion...

Equivalence test data for control drug to be submitted within two months after selection

The Korea Food and Drug Administration (KFDA) announced that a drug manufacturer should submit to the necessary equivalence test data on control drug within two months after its selection and unless otherwise submitte...

Special Surveillance Team on deadlock.

The Special Surveillance Team for the medical and pharmacy role separation system (hereinafter called Special Surveillance Team) supposedly reorganized by the MOHW from coming July may face its operational problems be...

Medical loan for pharmacies and medical institutions.

The Kookmin Bank has launched selling a bank loan titled "B2B Medical Loan" in the commercial markets especially for pharmacies, general hospitals, hospitals and clinics, up to 50% of annual sales volume in maximum or...

Overseas advance of pharmaceutical firms and bioventure firms looming

Business sources say the overseas advance of the domestic pharmaceutical firms and bioventure firm, which has been actively pushed for the timely development of new drugs in the biotechnology sector, is running into d...

Trend of drug ads showing rapid recovery

With a view to better enhancement for renowned brand items and positive corporate images after implementation of the new system of separating drug dispensing from medical practice, a number of pharmaceutical f...

License cancellation trial on liquid-type Uwangchungsimwon is in favor of Chosun Pharm

The Seoul High Court ruled that the administrative disposition of the Korea Food and Drug Administration (KFDA) on Chosun's Uwangchungsimwon is deemed unfair, in a recent lawsuit raised by Chosun Pharm against the lic...

Korean version "Merck Manual" published.

MSD Korea had a publication ceremony for the Korean version of Merck Manual at Hyatt hotel on July 8 and, at the same time, introduced the medical information site of "MDfaculty.com" President Lee Seung-woo of MSD ...

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