News About: Pharm. Industry
Various cost-containment policies squeeze drug makers
In 2006, drug manufacturers and the National Health Insurance Corp. agreed to discuss the volume forecasts for a drug when it is first added to the reimbursement list.
After one year, stakeholders are to reconvene...
Conflicts escalates over Hanmi’s online shopping mall
Local wholesalers and Hanmi Pharm are clashing over the operation of Hanmi’s online drug shopping mall. While Hanmi has recently proposed to negotiate the thorny issue, the Korea Pharmaceutical Wholesaler Association ...
Dong-A PharmTech announces start of Phase II trials for Udenafil in Mexico
Dong-A PharmTech Co. announced Monday that it will carry out Phase II clinical trials for Zydena (udenafil), a new long acting drug for treatment of erectile dysfunction (ED), in Mexico.
In its regulatory filing, t...
Multinational drug firms challenge new guideline
A dispute has arisen over the planned introduction of a Fair Trade Commission (FTC)-drafted guideline for fair business practice in domestic pharmaceutical sector.
The Korean-based Pharmaceutical Industry Associati...
Dong-A boosting R&D spending
Top local drug maker Dong-A Pharmaceutical plans to spend more on research and development (R&D) projects in a bid to accelerate development of new original drugs and increase exports.
The company announced Friday ...
KFDA discloses real name of kickbacks provider
The Korea Food and Drug Administration has recently banned Jesambiozam Co. from selling trochisan (dental product) for 30 days for offering kickbacks to doctors and pharmacists, revealing that Shinpoong Pharm provided...
Illegal rebate case overshadows pharmaceutical industry
Seven former and incumbent executives of Dong-A Pharmaceutical were indicted Thursday for providing 4.8 billion won in kickbacks to hospitals and clinics, which has casted a dark shadow over domestic and foreign busin...
Hanmi Pharm is open to dialogue with wholesalers over online drug shopping mall
Hanmi Pharm said that doors are always open for dialogue and cooperation with local wholesalers over its HMP mall, an online drug shopping mall.
In a statement delivered to the Korea Pharmaceutical Wholesaler Assoc...
New guidelines aim to end “reverse payment” deal
The nation’s antitrust watchdog announced Wednesday a set of new guidelines for fair business trade in the pharmaceutical sector.
The Fair Trade Commission (FTC) said that a number of experts from the academia join...
Dong-A Pharm to split into holding, operating companies in March
Dong-A Pharm, the nation's No. 1 textile producer, plans to split the company into two parts of holding and operating firms in March in an effort to streamline the corporate structure.
Under the plan, Dong-A Pharm ...
