News About: Pharm. Affairs


“Keywords for success of biosimilars are quality differentiation and tailored strategy by country”

Experts evaluated success of biosimilars depends on quality differentiation and tailored strategy by country. Moreover, it anticipated Europe leads the biosimilar market now, but the U.S. will take the leadership wit...

Will ‘Public Health Scholarship System’ revive?

While the problem of medical manpower shortage in medically vulnerable areas continues to be suggested, the public health scholarship system will be pushed forward to generate public health personnel. The Minjoo Part...

Competition among Olive Young, Watsons and LOHB’s over KRW 1.3 trillion market

Korean H&B(Health & Beauty) stores, like Olive Young, Watsons and LOHB’s, had made a fierce competition, which created a market of KRW 1.3 trillion last year. 3 H&B stores, such as Olive Young Watsons and LOHB’s, war...

KPTA establishes bridgehead to expand into U.S. pharmaceutical market

The Korea Pharmaceutical Traders Association(KPTA) was evaluated that it has established a bridgehead for Korean pharmaceutical companies to expand their business into the U.S. pharmaceutical market as recently holdin...

Increasing No. of pharmaceutical products suspended of advertising for exaggeration and slandering

There is an increasing number of pharmaceutical products receiving administrative measures for exaggerated, overstated and slandering advertisements. According to the Ministry of Food and Drug Safety(MFDS), administr...

Bukwang Pharm signs exclusive sales agreement of schizophrenia treatment ‘lurasidone’

Bukwang Pharm announced it signed an exclusive license agreement od development, marketing, sales and distribution in Korea for ‘lurasidone’ developed by Sumitomo Dainippon Phar...

Highest ratio of Chung-ang University graduates in KPA, concentrated in metropolitan

Which school takes the benefit of ‘Alumni,’ which gives a huge advantage at the Korean Pharmaceutical Association’s(KPA) election? A university which has the highest number of alumni in the KPA was ‘Chung-ang Univers...

Obligation of introduction of braille transcription and voice conversion for drugs and health functional foods

In order to pursue safe dosage and consumption of pharmaceutical products and health functional foods for the blind, the government will carry out obligation to adopt braille transcription and voice conversion code. ...

Power of the automatic ordering system combining pharmacy claim programs

The industry has shown interests in changes related to the automated ordering system combining pharmacy claim programs. PharmOrder, a service CreSoty has started, has attracted pharmacies and pharmaceutical distribut...

KRPIA changes its Korean name to ‘Korean Global Pharmaceutical Industry Association’

The Korean name for the KRPIA, an organization for global pharmaceutical companies, will be changed to ‘Korean Global Pharmaceutical Industry Association(한국글로벌의약산업협회).’ In order to accurately deliver the foundation p...

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