All Type of News
What types of disease foreigners go to hospitals for?
Along with the increase of international exchange, the number of foreigners living in Korea has increased every year. The entire number of foreigners living Korea was 1.71 million in 2015; among them, the number of fo...
‘Remote dispenser’ completed with examination, to be introduced to vice ministers’ meeting
The Office of Legislation’s examination for remote drug dispensers was finished. Their name was officially finalized as ‘Video Drug Vending Machine.’
According to the Ministry of Health and Welfare(MFDS), the Office ...
Novartis, “We have no plan to compensate for the difference of Galvusmet’s dropped price”As the company announced it has no plan to compensate the difference of the decreased drug price of Galvusmet whose upper limit price will be dropped from the 1st of December, t...
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Arrogation of pharmas enrages logistics industry over dumping pressure of price cuts
The pharmaceutical distribution industry has made a strong opposition to the recent pharmaceutical companies’ movements, like distribution margin cuts and refusal to compensation for the difference of the dropped drug...
Alteogen challenges to KRW 2 trillion hemophilia biomedicine ‘NovoSeven’
Alteogen Inc.(CEO Soon-Jae Park) held an agreement ceremony on the 29th of November as its long-acting hemophilia treatment being developed, ‘ALT-Q2,’ was selected as a project to develop a substance candidate for a p...
Only 17 of them having less than 10% in foreigner-owned share ratio
There were only 17 companies whose foreigner-owned share ratio exceed 10% among listed pharmaceutical companies, and the one of Yuhan Corporation was about 30%.
According to the Yakup Shinmoon’s(www.yakup.com) analy...
Will Novartis rebate trial be prolonged?There is a high chance for the Novartis’ rebate trial to be prolonged.
On the 29th, the 5th Criminal Investigation Department at the Seoul Western District Court proceeded a tr...
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Korean pharmas active on developing their own vaccines to increase self-sufficiency
In the Korean vaccine market, which has been taken over by multinational companies, Korean products have started to show up. Even though vaccine development has been very active recently, it was criticized the Korea’s...
About 4,000 animal pharmacies, “We should pay attention to animal drugs”
The Korean Veterinary Pharmacy Association(Chairman Jin-Hyung Lim, KVPA) held the 3rd general meeting, and appointed a pharmacist, Sung-Jin Kim(special commissioner at the veterinary pharmacy division of the Korean Ph...
Innovative pharmas spend 12% of sales into R&D
It was observed innovative pharmaceutical companies spent 12% of their sales into R&D on average, and Celltrion and Hanmi Pharm were the ones which spend the most.
According to the Yakup Shinmoon’s(www.yakup.com) ana...
