All Type of News
Austin Pharmaceutical announced for sale with open competitive bidding methodAustin Pharmaceutical, an unlisted company, attracted interests of the industry as entering the sale market.
Austin Pharmaceutical is a new name of Walse Korea Pharmaceutical, ...
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The sunset period for tax deduction of pharmaceutical companies will be reviewed to extend
A taxation support plan to nurture the pharmaceutical industry is about to be reviewed.
On the 8th, the Korea Health Industry Development Institute announced invitation of bidding for the ‘Taxation Support Plan Studi...
‘Belviq’ has rapidly become a leaderThe power of an obesity treatment approved by the FDA was tremendous. Belviq, an obesity treatment first launched by Ildong Pharmaceutical on March, recorded KRW 6 billion sales...
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‘Fierce new drugs,’ Belviq and Xtandi, reserved to be blockbusters
Recently-launched new products have shown smooth starts. In particular, Belviq, an obesity treatment, and ‘Xtandi,’ a prostate cancer treatment, have already notified the market of becoming KRW 10 billion blockbusters...
Facing 300 thousand foreign patients, the government stated “Law to block illegal brokers needs to be prepared”
Although the size of foreign patient invitation and medical exportation has been enlarged, such as the era of 300 thousand foreign patients, an opinion is that it still requires a long time in their quality.
In order...
Medical personnel will get license suspension if spreading false information in broadcasting
In the future, if medical personnel provide or spread false information in media sources such as broadcasting, their licenses will get a suspension measure for a year at the maximum.
The Ministry of Health and Welfar...
Samsung Bioepis acquired domestic approval for Brenzys™Samsung Bioepis and MSD Korea announced the Samsung Bioepis’s first biosimilar, Brenzys™, has been approved by the Ministry of Food and Drug Safety(MFDS) on the 7th.
The MFDS a...
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The Ministry of Food and Drug Safety approved 5 biosimilar products in 7 years
The National Institute of Food and Drug Safety Evaluation(NIFDS), the Ministry of Food and Drug Safety(Minister Seung-hee Kim, MFDS), has approved 5 biosimilar products and 22 clinical trials of different products bet...
The Pfizer’s labor union went into a tent sit-in protest, “Forced layoff is unforgivable”The labor-management conflict of Pfizer has been fueled over the Early Retirement Program(ERP).
The Pfizer’s labor union held a rally at the Pfizer Korea’s building, located in...
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Japanese pharmaceutical companies applied for sales prohibition of generic companies using the Patent-Linkage system
An original company is allowed to request the authority country for prohibition of sales to block ‘Green List’ patent registrations and entries of same generics under the Patent-Linkage System.
Through using the syst...



