News About: Pharm. Affairs


1,140 pharmaceutical products newly tested for bioequivalence last year

Last year, there were 1,140 pharmaceutical products which were bioequivalently tested. According to the Ministry of Food and Drug Safety, the number of pharmaceutical products that were officially recognized with bio...

Green Cross signs Korean distribution agreement of ‘Diterin Tab’ with Alvogen Korea

On the 2nd, Green Cross(CEO Eun-Cheol Huh) announced an Korean distribution agreement of the phenylketonuria treatment ‘Diterin Tab’ with Alvogen Korea(CEO Young0Hee Jang). Under the agreement, Green Cross will take ...

Korean ICT-based medical device market grew KRW 14 trillion by 2020

On the 2nd, the Ministry of Food and Drug Safety(MFDS) announced to publish the prospect and analysis report for medical devices, which contains the current state and trend of the new way of technology fusion and comb...

SK Chemicals’ Vimsk Tab’ became first epilepsy treatment applied for Korean insurance benefit

The SK Chemicals’ epilepsy therapy will be able to secure peerless price competitiveness as registered in Korea for the first time among other same substance products. SK Chemi...

National Health Insurance Service to monitor ‘side effects’ using big data

The National Health Insurance Service(President Sang-Cheol Seong, NHIS) has established a monitoring system to safely use pharmaceutical products using big data, such as the national population, social information, me...

Last year’s No. of pharmacies was 21,461 places

Last year, there were 21,461 pharmacies in Korea and Seoul was the only area where the number decreased among the total 17 cities and provinces. According to the Health Insurance Review & Assessment Service, the numb...

149 pharmaceutical products approved on January, 44 of them were OTC

There were 149 newly-approved pharmaceutical products last January and 44 of them were OTC drugs. According to the Ministry of Food and Drug Safety, 149 pharmaceutical products of 71 pharmaceutical companies acquired...

Veterinary drug market expected to energize, “Veterinarian associations should have open-minded attitude”

A pharmaceutical company which supplied its heartworm preventive medicines for cats and dogs only to animal hospitals to keep the price high was imposed a correction order from the Fair Trade Commission(FTC), which ra...

KPIS forms joint organization to improve pharmaceutical distribution system

The Health Insurance Review and Assessment Service’s Korea Pharmaceutical Information Service Center(KPIS) was known to work on pharmaceutical associations and medical institutes relevant to the Medicine Serial Number...

First and only bladder cancer immunotherapy ‘TECENTRIQ’ acquires approval from MFDS

Roche Korea(GM Matt Sause) announced acquisition of approval of TECENTRIQ(atezolizumab), the first and only anti-PDL1 cancer immunotherapy, on the 12th of January as a secondary treatment from the Ministry of Food and...

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