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FKI, “Attracting global companies is the key to success in the biopharmaceutical field”

The Federation of Korean Industries(FKI) proposed policy support measures for the government to foster the biopharmaceutical industry at the Ministry of Strategy and Finance on the 2nd. Introducing successful cases o...

Foreigner-owned stock ratios exceeded 10% in 14 listed pharmaceutical companies

It was observed stocks of a pharmaceutical company which was invested the most by foreigners were Yuhan Corporation’s. According to the Yakup Shinmoon’s(www.yakup.com) analysis result of the foreigner-owned share sta...

“The tightened fair racing enforcement rejects 83% of international symposiums”

The medical field has opposed to the measure to tighten approvals for international symposiums. If the tightened fair racing enforcement is applied, it was criticized 8 of 10 international symposiums in Korea will be ...

Prescription of obesity treatment, ‘Contrave’ started, competing against ‘Belviq’

Since the prescription of ‘Contrave(naltrexone+bupropion),’ an obesity therapy whose domestic exclusive sales agreement was established by Kwang Dong Pharmaceutical, started this month, interests have been focused on ...

Original erectile dysfunction therapies’ “Endless downturns”

Original erectile dysfunction treatments is getting weaker and weaker in market power. Leading products, Pfizer’s Viagra(sildenafil citrate) and Lilly’s Cialis(tadalafil) lost more than 20% of quarterly prescriptions...

Mercilon Tab, top OTC contraceptive, fell while Meliane Tab narrowly stepped forward

It was observed the OTC market for contraceptives will be shrunk in 2015 compared to 2014. Particularly, Mercilon Tab which has kept the top position in the OTC contraceptive market made a -16% record in sales; the t...

Miscarried ‘cervical cancer vaccination,’ starting re-tender this week

While the Public Procurement Service’s tender for Gardasil and Cervarix, the subject of the National Immunization Program for cervical cancer vaccination, was finally miscarried, the Korea Centers for Diseases Control...

Every category for 2017 insurance cost negotiation is settled with pharmacy for maximum

In the result of the 2017’s insurance cost negotiation, the Korean Pharmaceutical Association(KPA) received the highest rise rate(excluding maternity) per category at 3.5%. The pharmacy equivalent index exceeded KRW 8...

Health insurance medical expenses reached KRW 15.0546 trillion increased by 7.6%

The National Health Insurance Service(Chief Director Sang-cheol Sung, NHIS) and the Health Insurance Review & Assessment Service(Director Myung-sae Sohn, HIRA) jointly wrote and announced the ‘Major Statistics for Hea...

Advertising expenses in pharmaceutical and medical fields dropped while ones for radio increased

Advertising expenses for the pharmaceutical and medical fields were known to be reduced compared with the last year. Despite the strengthening trend in OTC businesses, advertisements in the major mass media, such as T...

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