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One Bio-Venture Firm Establishes Safety Research Center.

A bio-venture firm took the first step in establishing a Research Institute to carry out evaluation testing on safety and validity, which is a prerequisite in developing pharmaceuticals, food, cosmetics, chemicals, ag...

Non-prescription drugs converted to non-NHI reimbursable scheme.

The MOHW has expanded the scope of non NHI reimbursable drugs in favorable agreement with the drug industry and pharmacy communities but a harsh backlash from the medical sector on the ground that this measure could b...

Drug registration possible even during drug reviewing period.

Any drugs belonging to the category of the government drug review program can be newly registered if the application documentations meet the requirement. Accordingly, the KFDA is going to accept the above registrat...

Drug wholesale industry on cross road of reform or withdrawal.

The drug wholesale industry has come across the cross road as to whether they should leap up through the reform or stay behind toward the past. At present, it shows that overall atmosphere in the industry seemed to be...

Hanmi Fine Chemical Acquires Patent for Thiazole Compound.

Hanmi Pharmaceutical Company announced on the 11th that Hanmi Fine Chemical, an affiliate company, has acquired a patent in the United States for a Thiazole compound and a process for it that sharply reduces manufactu...

Shin Sang-Jin is the strongest candidate in the election for KMA chairman.

The prevailing public opinion is that Shin Sang-Jin is the strongest candidate in the election for KMA chairman, for which the postal vote will be closed by the 19th. Officials of the medical society commented tha...

1 Trillion won Will Be Allocated for Natural Products Development by 2010

An estimated 1 trillion won will be allocated for Natural New Medicine development for ten years from now on. The Ministry of Health and Welfare announced a promotion plan for Natural Medicine development on Octobe...

Increase in Pharmaceutical Advertisements Using Print Media

It was learned that public advertisements on pharmaceuticals utilizing the print media have increased this year. According to the Korea Pharmaceutical Manufacturers Association (KPMA), 308 cases of pharmaceutical a...

Pharmacy practitioners to seek benchmarking management.

A benchmarking business management has shown a growing trend in the retail pharmacy community for the purpose of keeping their business competitiveness and segmenting their activities from other rival pharmacies. S...

Boryung Turns Into a Competent Company with Digital Management Technology

Boryung Pharmaceutical held its 38th anniversary and used the occasion to launch DIGEX, an information system for knowledge management. DIGEX stands for Digital Express and is classified into Basic system and Infor...

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