News About: Pharm. Industry
119 doctors indicted for illegal kickbacks
A joint government investigation team consisting of seven government organizations, including the Seoul Central District Prosecutors’ Office, Ministry of Health and Welfare, and National Police Agency, said Sunday it ...
Most firms straining over government’s mid-, long-term policies in pharmaceutical sector
President Park Geun-hye is set to finalize the appointments of 12 ministers Monday including those that will head the Ministry of Health and Welfare that are yet to be formally established due to the protracted govern...
KIT to help Korean drugs gain U.S. FDA approval
The Korea Institute of Toxicology (KIT), a world-class non-clinical contract research organization (CRO) located in Daejeon, is planning to support pharmaceutical companies’ advancement into the U.S. market as the org...
Ester-C 500 mg makes debut in Korea
American Health’s Ester-C 500 mg, one of the U.S. leading vitamin C products, is going on sale here.
Inchun Pharm have recently established a strategic partnership with the U.S.-based NBTY Company.
The firm will...
Pharmaceutical firms struggle to stay afloat in OTC market
Although Korean drug companies have introduced several successful over-the-counter (OTC) drugs over the years, their performance has largely remained lackluster with the absence of innovative products. They lag far be...
PMS experiences to be included in product monographs of two impotence medications
The Korea Food and Drug Administration said Friday post-marketing surveillance (PMS) experiences reported by patients treated with Eli Lilly’s Cialis and Dong-A Pharmaceutical’s Zydena, oral therapy for the treatment ...
Lee Bong-yong named to head Daewoong Pharmaceutical’s R&D divisionDaewoong Pharmaceutical said Thursday it has appointed as its R&D head, Lee Bong-yong, professor of Kyunghee University’s pharmacy college.
Lee, 57, is a renowned expert in d...
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Handok Pharmaceutical teams up with Nutricia
Handok Pharmaceutical said Wednesday that it has established a marketing and distribution partnership with Nutricia, a specialized healthcare division of the food company Danone in France.
Under the deal, Dong-A wi...
Government agency’s report stirs debate
The Korea Institute for Health and Social Affairs (KIHASA), a think tank under the Prime Minister’s Office, has recently claimed in a report that the number of pharmaceutical firms should be reduced by one tenth to st...
Mypharm to open first pharmacy chain in U.S.
Mypharm, a local pharmaceutical firm, said Wednesday it will open its first pharmacy chain ‘MYpharmacy.us’ in the U.S. under an agreement with Lumen, an U.S. branch.
The U.S. pharmacy chain, which will be set up in...
