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Pacific and Meditox to cooperate for Botulinum sales.

A bio-venture company, Meditox took approval for the technical review over the standard and specification and assay method of Botulinum product registration in Aug. this year and for the safety and efficacy probably a...

Expanded Support to Health Industry Including New Medicine Development

The Ministry of Health and Welfare decided on a policy to push forward the Bio Public Health Technology Development Industry to enhance the competitiveness of the biotechnology sector while reinforcing new medicine de...

Continuous Price Reduction Expected to Shrink Pharmaceutical Industry

The Korea Pharmaceutical Manufacturers Association (KPMA) has announced that the continuing medicine price reductions initiated by the government is not only hindering the growth of the pharmaceutical industry which w...

Pharmacy operation to industrialize after medical reform program.

After the implementation of the medical and pharmacy role separation program, the pharmacy operation has been so remarkably expanded and developed that its management should be specialized by different activities, sho...

Korea United Pharm Holds Groundbreaking Ceremony for Vietnam Factory

Korea United Pharm is slowly but surely realizing its goal of becoming a fully-fledged multinational company as it began construction of a factory in Vietnam, a follow-up to its...

Chong Kun Dang Pharmaceutical Corp. Starts Carving a Niche in Atopic Cosmetic Market

Chong Kun Dang Pharmaceutical Corp. has entered the atopic cosmetic market through a strategic alliance with Doosan Biotech, a bioengineering company. These two companies concluded a contract at the end of August ...

Ban on backdoor dealings of insurance drugs reinforced.

The MOHW will prepare an improved plan for the current actual transaction price system and make an advanced announcement to the public prior to its enactment probably during the next week. The above plan was presen...

FTC to proceed amelioration of actual transaction pricing system.

The Fair Trade Commission (FTC) directed correctional measures to 5 drug companies against their unfair trade practices as a packaged program for the overall market improvement measures. 5 drug companies broke provisi...

KFDA Officially Launches Biomedicine Safety Department

The KFDA has officially launched the Biomedicine Safety Department, which is expected to contribute to safety management and new product development in the field of biomedicine. The government announced that the r...

Samjin shifts to a professional corporate management system.

Samjin Pharmaceutical Company has entered a new era of full-scale professional corporate management system by dividing ownership and management with the appointment of Vice-President Lee Seong-Uh as a representative d...

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