All Type of News
Health and Welfare Standing Committee Meeting of National Assembly postponed to Mar. 2.
(Flash report)
As the ruling party and medical/pharmaceutical organizations agreed to postpone the implementation of the medical/pharmacy separation system
one more year (July 1, 2000), the Health and Welfare Sta...
Massive slash of insurance drug prices likely to effect from April 1.
The official announcement of the drug price reduction the MOHW originally scheduled to March 1 seems to be delayed to March 15 at earliest or to April 1 at latest.
The MOHW has discussed with the MOFE over this issu...
SNU hospital accepted 65 new drugs for entry of hospital formulary.
SNU hospital invited a public tender for purchasing 65 new drugs on Feb. 20 including Cobamide (1mg/2ml) and other 32 local new products and Andyplus (German Fresenius) and other 31 imported new drugs, of which 44 it...
Strategic tie-up between LG and SB for new drug development.
A local company has made a strategic tie-up with a foreign multinational pharmaceutical corporation for a new drug development in whole process from the early research to the final commercialization phase.
LG chemi...
Patent diputy between local and foreign drug firms likely to multiply.
Ensuing the patent dispute on Sod. alendronic acid between local and foreign invested companies, there may appear other possibilities of patent argument over Cisapride and Itraconazole preparations along with local co...
KRPMA activates to take part in KPMA
The KPMA decided to provide more opportunities to the foreign invested company organization, KRPMA to take part in the administration of KPMA for development of domestic pharmaceutical industry in such a globalization...
More international pressure to waive local clinical study for new drugs.
American pharmaceutical research based manufacturers association (PhRMA) requested USTR to designate Korea along with Argentina as the country of first convention (PFC) in connection with the exemption of loca...
KFDA reforms drug related civil service
The KFDA announced on Feb. 23 that their civil service for drug related affairs would be substantially improved, for instance, taking at least 85 days for an authorization of new drug registration and all working proc...
Drug industry expedited to restructuring by Government this year.
According to "99 major project promotion plan" reported by the MOHW, the MOHW will induce the local drug industry autonomously to make restructuring so as to eliminate duplicate and a lavish investment and unreasonabl...
General drug delivery business allowed to Drug Delivery Union.
The Drug Delivery Union that will be established by a joint investment of drug companies and wholesalers for drug storage and delivery to medical institutes originally set up its business scope only to ethical insuran...
