All Type of News
M&A for core domestic business attempted by foreign multinational corp.
Following the previous year the foreign multinational corporation seems to get into an OTC market by an M&A process of the domestic core business.
Last year BMS took over Dong-A Biotech, Crorax absorbed Home-mate, ...
Foreign multinational pharmaceutical corp. to launch new products this year.
Many foreign pharmaceutical corporations are trying to launch their new products this year including Pfizer's Viagra and Glaxo Wellcome's Jepix (B virus hepatitis infections).
Glaxo-Wellcome.
-Glaxo-Wellcome's...
KFDA announced drug items for efficacy reviews in 2001.
The KFDA announced on Jan. 27 that in 2001 the drug efficacy review would be conducted for 1,359 products including 10 different therapeutic categories according to Article 26, para 3 and Article 34 para 4 of the Phar...
Dongshin management power transferrred to Mr. Kim Sae-hyun
Dongshin's management power was transferred to Mr. Kim Sae-Hyun, a Korean American business man (52 years old) during the extraordinary shareholder's meeting on Jan. 29.
In the shareholder's meeting, all Dongshin's ...
Profile of Prof. Huh, the 2nd KFDA head.
On Jan. 25 Prof. Huh was suddenly nominated to the head of KFDA succeeding Dr. Park who arrested and resigned on Jan. 23.
It was absolutely no anticipated for him to be nominated as the head of KFDA, Prof. Huh said...
65 new drugs accepted to the entry of SNU Hospital formulary.
Seoul National Univ. hospital announced to invite a public tender on Jan. 20, covering 33 insurance drugs including Cobamide (1mg/2ml) and 32 imported products like Endy plus, the total 65 items. However, out of 6...
New price lebelling system may detract pharmacy management
Most of retail pharmacies assumed that the new price labelling system effected from Jan. 20 might cause unfavorable impact to the pharmacy management, and said that they would concentrate their sales on more marginal...
Drug Delivery Cooperation Union to be established in first half this year.
The MOHW finally settled down the establishment plans for "Drug Delivery Cooperation Union" during the first half of this year as one of the drug distribution reform programs. For this purpose, the MOHW plans to form ...
Il Dong workout plan finally settled down.
It was known that Il Dong received 74 billion Won of debt write-off, which was guaranteed for Maxon's lavish borrowings, Il Dong's sister electronic company, as much as 137 billion Won. Out of this, Il Dong received t...
KPMA demanded system change first and drug price adjustment followed thereafter.
The KPMA appealed to the government that a systemic tool for blockading hospital's unreasonable demand in their drug purchasing process should be established first, and then, the insurance drug price would be adjusted...
