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“Korean pharmas should be alerted against high expectation on Trump’s election”

As Donald Trump was elected at the U.S. Presidential Election, Korean pharmaceutical companies have raised expectations. While the opposing candidate Hillary Clinton who was expected to be elected promised to cut dru...

The end of Novartis’s rebate investigation, involved with investigating prosecutors

The rebate case of a multinational pharmaceutical company, Novartis, is coming to an end. According to the industry concerned, a trial related to the Novartis’ case is known to be proceeded on the 29th of November. ...

Handok acquires Japanese functional ingredient company Theravalues for KRW 21.1 billion

Handok(President Young-Jin Kim) signed an agreement to acquire a functional ingredient company, Theravalues Corporation, from San-Eigen F.F.I. Inc. with KRW 1.9 billion investme...

Suspension of business if selling intentional unsanitary health functional foods for 1st time

A bill to cancel business license when deceiving consumers – such as selling illegal health functional foods – for the 1st time will be proposed. Minjoo Party Rep. Seung-Jo Yang tabled the bill to fundamentally estab...

Police’s investigation on hospital H for lecture and consulting fees

The police and prosecution’s investigation towards pharmaceutical companies and medical doctors is known to target unexpected sections and fields. According to the industry concerned, the police is known to investiga...

Phase 3 clinical trial result of Hanmi Pharm’s ‘Rovelito’ registered at intern. journal

The Phase 3 clinical trial result of Hanmi Pharm’s hypertension and hyperlipidemia complex ‘Rovelito’ was registered at a SCI-level international academic journal. On the 9th, ...

Election of Trump, what will be dis/advantages for Korean pharma. industry?

Since Donald Trump is elected as the president of the United States, the Korean pharmaceutical industry is also expected to encounter huge impacts. While negative anticipations, such as renegotiation of the Korea-US ...

Ildong & Boryung push separation of OTC drug business

Following Dong-A Pharm and Jeil Pharmaceutical, Ildong Pharmaceutical and Boryung Pharm have carried out the process to separate their OTC drug divisions from their business. A...

Issue on illegality of IMS Health… will it impact big data industry?

“The ruling could be an incident that becomes a touchstone of the big data industry. Other countries are paying attention to it, too.” This is another viewpoint to see results of the criminal trials for the Korea Pha...

5 drugs, such as Bearse, Wonbi-D & Zantac, show twice drug gaps

According to the result of ‘2016 Price Survey on Commonly Consumed Drugs’ released by the Ministry of Health and Welfare, 5 products, such as Guronsanvarmond Yungjin Soln, Haben Herb Cap, Kimite Patch For Adult, Bears...

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