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Hanmi Pharm terminates development of Olita, “We’ll focus efforts on making global new drugs”

Hanmi Pharm(CEO Sae-Chang Kwon & Jong-Soo Woo) decided to terminate development of ‘Olita(generic name: olmutinib),’ a targeted therapy for lung cancer, and announced on the 13th that the company has been in progress ...

144 pharma distribution companies makes KRW 18.9617 trillion sales in 2017

Last year, 144 pharmaceutical distribution companies reported made KRW 18.9617 trillion sales. According to the analysis result of 2017 audit reports that 144 pharmaceutical distribution companies turned in, they mad...

Which are new drugs approved this 1st quarter?

4 new drugs including ‘Aljaview Inj,’ a FutureChem’s diagnostic drug for Alzheimer’s disease, reportedly acquire approval in the last 1st quarter. According to the Ministry of Food and Drug Safety’s Online Drug Libra...

MFDS extensively approves use of drugs for clinical trials to use in the field

The Ministry of Food and Drug Safety(MFDS) announced on the 12th that the ministry published the guideline for ‘Approval of Use of Drugs for Clinical Trials’ which allows the medical field to use drugs manufactured fo...

Dongwha Pharm & Pfizer Pharmaceuticals Korea extend sales & distribution agreement of CNS products

Dongwha Pharm(CEO/President Kwang-Ryul Yoo) announced it has extended a sales and distribution agreement of Pfizer Pharmaceuticals Korea’s major CNS(central nervous system) products at Pfizer Tower on the 10th of Apri...

Pharma industry, “Dead spirit of illegal rebates might revoke innovative pharma status”

Part of the pharmaceutical industry said standards for the innovative pharmaceutical certificate are going backward from the original intent of the program. The voice has rapidly been spread ever since the Ministry o...

Pharmaceutical and industrial experts gather at KINTEX this April

Sponsored by the Ministry of Food and Drug Safety and hosted by the Korea Pharmaceutical and Bio-Pharma Manufacturers Association and Kyungyon Exhibition Corp., KOREA PHARM & BIO 2018 will be held at Korea Internation...

6 pharmas including Yuhan Corporation spends more than KRW 30 billion into advertisements last year

A pharmaceutical company which spent the most in advertising was Yuhan Corporation with KRW 60.3 billion last year, and there were 6 pharmaceutical companies which spent KRW 30 billion or higher into advertising a yea...

Listed pharmas’s salary gap higher than KRW 100 million between employees and officers

The salary gap between employees and officers at listed pharmaceutical companies was reportedly over KRW 100 million. Yakup Shinmoon(www.yakup.com) analyzed 2018 business reports that listed pharmaceutical companies ...

Government decides to found public college of medicine in Namwon

The government will found a public college of medicine in Namwon, Jeonbuk after a government-ruling party consultation. Its quota of students will be based on what Seonam University College of Medicine used to have. ...

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