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Revival of the Pharmaceutical Importation Reporting System in 15 years, enforced this September

Soon, in order to import pharmaceutical and non-pharmaceutical products, it will be required to acquire approvals from the Ministry of Food and Drug Safety first. This is because this January’s Pharmaceutical Law Rev...

The Constitutional Court ruled once again the Rebate Dual Punishment System is constitutional

The Constitutional Court has ruled once again that the so-called ‘Rebate Dual Punishment System,’ allowing the prosecution to give criminal punishments on companies both provided and received rebates, is constitutiona...

Gap among BMS, Gilead and Abbvie over hepatitis C treatments

Oral hepatitis C treatments needing no interferon are getting close to commercialization. In the domestic market, the closest company to commercialization is BMS. The company has acquired an approval for the NS5A rep...

Shire led to the nullity of the trademark right, Hunterase, against Green Cross

Shire, a company that developed a hunter syndrome treatment ‘Elaprase(idursulfase),’ has succeeded in nullifying a trademark right called ‘Hunterase.’ ‘Hunterase(idursulfase)’ developed by Green Cross is a hunter syn...

Pfizer vs. Hanmi from Norvasc to Champix

As a rumor of registering anti-smoking treatments in the health insurance benefit this October at the earliest spreads, competition between ‘Champix(generic name: varenicline)’ ...

Led by Bayer and followed by Hyundai Pharm, the contraceptive market has been slowed down

It is known that the contraceptive market was significantly reduced last year. According to the Ministry of Food and Drug Safety, actual output and importation of contraceptives recorded respective KRW 18.37642 billi...

Layla Tab, Shinbaro Cap and Motilitone will be re-deliberated for the health insurance benefit

A result of the Board of Audit and Inspection was reported that it is required to re-deliberate health insurance benefits for natural medicines, ‘Layla Tab,’ ‘Shinbaro Cap’ and ‘Motilitone Tab,’ as their previous ones...

Where all the graduates from 6-year college of medicine work at?

It was observed that the workplace people who graduated 6-year college of medicine was most highly positioned was pharmacies. One of the 3 graduates were observed to work in a pharmacy and hospital pharmacies were fol...

The impact of IMS Health Korea’s prosecution raises concerns of domestic pharmaceutical companies

As the pharmaceutical-related information provider, IMS Health Korea, is prosecuted for illegally collecting information, such as patient treatment records and prescription information, domestic pharmaceutical compani...

SK Chemicals’ hemophilia treatment, a biopharmaceutical new drug, is about to be approved in the U.S.

The U.S. approval procedure of the hemophilia treatment developed by a domestic pharmaceutical company has been accelerated. SK Chemicals(President Man-hoon Park) announced on the 29th that it has completed applicati...

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