News About: Pharm. Affairs


Drug stores record highest sales and operating profits in franchise field

Among major franchise types, the pharmaceutical field is observed to record the highest sales and operating profits compared to others. Recently published by the National Statistical Office(NSO), the ‘Franchise Stati...

Korean ‘Orange Book’ including generic approval information will be created

A database for the Korean-style ‘Orange Book,’ which includes information about approval of generic products, is going to be constructed by this December. The Ministry of Food and Drug Safety(MFDS) announced a schedu...

‘Invossa’ acquires product approval, but still have challenges for health insurance benefits

While Invossa K Inj has acquired approval from the Ministry of Food and Drug Safety(MFDS), it will become another challenge for the company to be qualified for the health insurance benefits. On the 12th, the Ministry...

41 substances frequently prescribed for less than minimum packaging standard

It was confirmed by the Ministry of Health and Welfare(MOHW) that there are the total 41 ‘substances which have been frequently prescribed for less than the minimum packaging unit,’ which were recently requested by th...

Final checkup for ‘2017 FIP Seoul Conference’ with FIP Headquarters, inviting President of Korea to opening ceremony

The 2017 FIP Seoul Conference Organizing Committee held the committees and meetings with Carola van der Hoeff, Chief Operating Officer at the FIP headquarters, and Mireille Swakhoven, Congress Service Manager, between...

Major pharmas show high interests in DGMIF’s ‘innovative renal cancer treatment technology’

The Daegu-Gyeongbuk Medical Innovation Foundation(Chairman Jae-Tae Lee, DGMIF) have drawn huge interests of major Korean and multinational pharmaceutical companies with the ‘innovative renal cancer treatment’ at the ‘...

“SFP went excessive on restricting Korean medicine pharmacists over selling OTC drugs”

It was observed the Society for the Future of Pharmacists(SFP) lost the lawsuit for revocation of disposition on herbalists against the Fair Trade Commission(FTC) because the court judged that the SFP made excessive p...

Johnson & Johnson’s on ‘Listerine’ with baseless benefits

Johnson & Johnson, a multinational company, recently released a product called ‘Listerine Total Care’ in the Korean market. Highlighting the total 6 benefits, the company labels...

Serious conditions with antibiotic tolerance on major pathogens

It was observed it is necessary to nationally prepare measures because antimicrobial resistances on pathogens in Korea are in a serious condition. In order to calculate standardized data requested by the GLASS(Global...

Hanmi acquired approval of ‘Amosartan Plus,’ 3-substance combination therapy for treatment of hypertension

Hanmi Pharm(CEO Jong-Soo Woo, Sae-Chang Kwon) announced ‘Amosartan Plus,’ a 3-substance combination drug for the treatment of hypertension, acquired commercialization approval from the Ministry of Health and Welfare(M...

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