News About: Pharm. Industry


New drug pricing system leaves drugmakers in jitters

Korean drug companies are said to face jitters as the National Health Insurance Corporation (NHIC) is reconsidering introducing the “reference price system (RPS),” which was already scrapped in 2002 due to vigorous op...

Industry minister Visits SK Chemicals “Eco Lab”

SK Chemicals said Tuesday that Trade, Industry and Energy Minister Yoon Sang-jick paid a visit to its main office building “Eco Lab,” located in Pangyo-dong, southeast of Seoul. After Industry Minister Yoon and his...

Three salespeople quizzed over Dong-A’s illegal kickbacks

Three salespersons of Dong-A Pharm involved in offering the illegal rebate of 2.4 million won to a doctor per a 15-minute educational video were questioned by prosecutors at the Seoul Central District Court, according...

KRPIA to hold international drug symposium

The Korean Research-based Pharmaceutical Industry Association (KRPIA) will hold an international symposium on the re-assessment of new drugs on July 7 at KOEX convention center in Seoul. The symposium, under the ti...

Pharmaceutical firms seek to add more employees

About one year after the government forced drug makers to cut drug prices, they were expected to scale back their work forces due to falling profits this year, but unexpectedly, the number of new payrolls are on the i...

Bukwang seeking bigger market share with cheap Viagra generic

Bukwang Pharmaceutical has recently released Sidenafil tablets, a generic version of Viagra having a low price compared to Palpal chewable tabs of Hanmi Pharmaceutical. Sidenafil tabs 50 mg and 100 mg are priced at...

Patents for 20 drugs set to expire in 3Q

A total of 20 best-selling medicines here will face their patent expirations in the third quarter of the year, according to data released by the Ministry of Food and Drug Safety (MFDS) said Sunday. Large pharmaceut...

First-aid products spike during weekend and at evening

Sales of 13 over-the-counter drugs including antipyretics and painkillers have skyrocketed at 24-hour convenience stores every Sunday at 08-10 p.m., industrial data showed Sunday. According to data from the BGF Ret...

Third clinical test on SK drug starts

After proving its safety and efficacy in the first round, SK Chemicals announced Sunday that its business partner CSL Limited, a biopharmaceutical company headquartered in Melbourne, Australia, has started Phase III c...

Kim Kwang-ho named to head Accuzen

Accuzen, a local contrast media company and a subsidiary of Taejoon Pharmaceutical, said Monday it has appointed as its chief executive officer, Kim Kwang-ho, the former CEO of ...

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