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Patent applications for osteoporosis drugs on the rise yearly by 25%.
Apart from ever rising trend in so called "Quality of Life" enhancing drugs, number of patent applications for the osteoporosis drug development also shows a remarkable growing stance yearly by 25%.
The Patent Offi...
Two new drugs to be licensed during this year
This year will witness another market authorization of two new drugs developed by domestic pharmaceutical firms Gu-ju's antiarthritic agent Apitoxin inj. and LGCI's quinolone antibiotitc Factive, following the alread...
Lack of funds in bioventure industry necessitates its restructuring
Market analysts said more prolonged financial difficulties have prompted some of bioventure firms to promote its restructuring program in the variety of forms, such as scale-down of business scope, alternation of main...
KPA under criminal suit against KMA for defamation of characters.
In the standing committee's meetings of KPA on June 19 and 17 the KPA determined to sue the KMA executive teams for defamation of pharmacist's characters through the mass public advertising.
In consultation with la...
Seoul Asan hospital, wholesalers offering low-priced drugs favored
Seoul Asan hospital is moving to adopt a restrictive estimation bidding method, in its recent request to 33 drug wholesalers in metropolitan areas that their estimates on drug supply prices should be submitted for the...
Called for Zuellig-Pharmacy contracts to reset.
National city and provincial associations affiliated to the KPhA (chairman: Chun Young-koo) decided in the meeting to send a standard distribution agreement to Zuellig on June 20, asking them to make agreements again ...
Split-off of Daewoong Pharm to be finally decided next week
Daewoong Pharm said it is deciding to make its split-off plan into two separate units pharmaceutical firm and financial institution and will finally determine the split-off ratio of the two firms at the ratio of bet...
Some pharmaceutical firms to unfold their marketing campaign during World Cup fever
With the World Cup fever spreading throughout the country, some of pharmaceutical firms are staging their own products campaign to join the fervent soccer boom.
Janssen Korea is said to be the first leader initiat...
Makers direct supply possible when in calamity or wholesaler's strikes.
The MOHW announced on June 20 that the pharmaceutical manufacturers are allowed to supply their products directly to general hospitals in the event of natural disasters or of the wholesaler's group strikes, by revisin...
8 of 10 osteoarthritis patients experienced pain relief in Vioxx therapy
According to a recent survey of Advanced Arthritis Management (ADAM) conducted on osteoarthritis patients in Germany, about 8 of 10 patients said Vioxx (rofecoxib) therapy was better effective and prolonged duration o...