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Huons signs KRW 119.8 billion export agreement of Hutox with Brazil and Iran

Huons(CEO Ki-Ahn Um) announced on the 14th that they signed a supply agreement of total KRW 119.8 billion ‘Hutox(HU-014)’ products with Brazilian and Iranian aesthetic companies. The agreement is followed by the supp...

“They must stop selling Tylenol with hepatotoxic and asthma risks at convenient stores”

A petition was filed to suspend sales of Tylenol 500mg and Tylenol Syrup at convenient stores. At the Blue House National Petition on the 14th, a petition was registered under a title called “Please immediately stop ...

MFDS to carry out onsite inspections on multinational pharmas’ manufacturing facilities

Imported medicinal drugs will be applied under the same level of standards in quality assurance(QA) with products manufactured in Korea. The Ministry of Food and Drug Safety(MFDS) announced that they are planning to ...

Distribution fields, “Serial number and minimum wage are raising pressure on our business”

The pharmaceutical distribution field is appealing business pressure raised by the program which will be enforced soon. They argue that various aspects, such as the serial number reporting system which will be enforce...

“If being quiet, priority for drug review might get pushed back”

The Pharmaceutical Benefits Division at the Ministry of Health and Welfare emphasized importance of participation of pharmaceutical companies for the ‘Annual Review Plan’ prepared this year. Since they are making gen...

Only 6% of patients with experience of taking antidiabetics go to different hospitals

CoreZetta(CEO Hong-Ki Lee), a bio-health care big data analysis company, analyzed the Health Insurance Review and Assessment Service’s big data, and the analysis result showed that most patients who were prescribed fo...

Revised medical guidance for dyslipidemia, what would be like?

The Korean Society of Lipid and Atherosclerosis gave a notice of announcement of a revision to the ‘Medical Guidance for Dyslipidemia,’ which attracts the industry over how it would be changed.  The medical guidance ...

SNS contents becoming great sources of marketing for pharmas

The pharmaceutical industry are catching consumers’ eyes with SNS contents as much as like TV advertisements. Their short clips and interesting images have promoted consumers to purchase products with big smiles and s...

9 former-pharmacists elected at 6.13 Local Elections

9 pharmacists gained glory of being elected at the Local Elections on 13 June. According to the National Election Commission, total 9 candidates of the 6.13 Local Elections who were used to be a pharmacist were elect...

Unexpected impacts of the 52 Weekly Working Hour Program into pharmaceutical industry

A revision to the Labor Standards Act which cuts weekly working hours to 52 hours has made concerns among pharmaceutical companies counting for the enforcement. Even through the enforcement will partially impact the ...

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