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Bacchus records the largest sales of 20.0 billion in May

Bacchus sales, which hit a snag in the first quarter of this year, are expected to regain the momentum due to the heated boom of World Cup, local election, and seasonal influence. Analyst Kim Hee-sung of Hanyang Se...

MOHW to lower 782 insurance drugs below three percent

The Ministry of Health and Welfare has announced a total of 782 insurance drugs (131 pharmaceutical firms), which are being sold at more reduced prices than the reported ceiling prices or in the form of extra drug, wi...

Waiver of equivalence tests for some ingredients eyed

The Korea Food and Drug Administration (KFDA) says it has recently drafted a guideline to waiver the bioeqivalence tests on some ingredients used for liquid-form preparations (such as syrups), digestive enzymes, injec...

KPMA in crisis standing at cross road.

The Korea Pharmaceutical Manufacturers Association (KPMA) has faced with a crisis by which the KRPIA, an organization of the foreign multinational drug corporations in Korea, recently opposed to the compliance pledge ...

More efficient advance strategy for Chinese market urged

Yeo Hwan-jin, director of MKP & Tec Co., explained more efficient advance strategy for Chinese market at a recent seminar of the development of drug intermediates and pharmaceutical bulk drugs at on May 12 under the a...

A US-Korea workshop on lifescience sector to be held on the coming 19~21 this month

The Korean Association of Institutional Review Boards (KAIRB) announced that an international workshop entitled "Legal and ethical aspects of subjects in the clinical trials" will be held in a clinical research instit...

No bio-equivalency test required drugs to be announced soon

The KFDA's delayed announcement of drugs that are not required for the bio-equivalent test hampers the substituted dispensing activities at pharmacies. The exempted items for the bio-equivalent test included oral...

40 substances subject to standard protocol for bioequivalence tests designated

The Toxicology Research Institute (TRI) of the Korea Food and Drug Administration announced that of a total of 52 ingredients for the standard protocol of bioequivalence tests, 40 ingredients was designated and one or...

Problems involved in separation of drug dispensing from medical practice analyzed

Pharmaceutical industry sources say that the current system of separating drug dispensing from medical practices (SDP function) still needs to be further ameliorated due to the following adverse factors, even since it...

Eli Lilly wants Korean scientists in their InnoCentive Challenges

Eli Lilly and Company, a US-based multinational company, has recently expressed its keen interest in attracting more Korean scientists involved in the medical, chemical and biological fields, in line with their R&D in...

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