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“The generic substitution is finally about to be opened for pharmacists”

In order to avoid misunderstandings and conflicts caused by follow-up notices of pharmacists for doctors and dentists, a Pharmaceutical Law Amendment was proposed to improve the passive reality towards the generic sub...

The Boryung Pharmaceutical’s Kanarb made a clinical procedure with the PMDA to challenge the Japanese market

Boryung Pharmaceutical (President Tae-hong Choi) took the first step to expand to Japan by holding a meeting to make a clinical procedure for an approval of Kanarb on the 19th w...

Ilyang Pharmaceutical signed the Term Sheet with a Mexican pharmaceutical company for Noltec

Ilyang Pharmaceutical (President Dong-yeon Kim) will export the 14th domestic new drug, “Noltec (generic name: ilaprazole),” to a Mexican company, “Chinoin Ing.(CEO Vincente Sar...

The compensation of Hanmi over violating the patent is judged to be KRW 10 million… “Got a minute to breath”

The court ruled Hanmi Pharm, which violated the patent related to the schizophrenia treatment, Zyprexa, to compensate KRW 10 million. Since it was a judgment which did not accept the damage caused by the price reduct...

80 generics will compete fiercely over the generic market of Celebrex

It is expected that approximately 80-100 generics of the leading product recording KRW 60 billion annual sales in the non-steroidal anti-inflammatory drugs (NASIDs) market, Celebrex, will be fierce among clinic-level ...

Sharp contrasts among MERS-related stocks within a month after the occurrence of the first MERS patient

Since the 21st of the last month, when the first MERS-diagnosed patient occurred, both joy and sorrow has been exchanged among MERS-related stocks in a month. The turning point of MERS-related stocks was the 2nd of t...

Exports of pharmaceutical products continued to increase, expecting $2.12 billion sales this year

Exports of pharmaceutical companies have been continuously increased. According to Shinhan Investment Corp., the amount of exports of pharmaceutical products on May was $183.86 million increasing 21.7% up compared to...

The world pays attention to the successful case of the Ilyang Pharmaceutical’s leukemia treatment ‘Supect’

The successful case of the leukemia treatment, the domestically-developed new drug developed by Ilyang Pharmaceutical, ‘Supect,’ was introduced as the representative role model ...

The medical industry gave severe criticism towards the application of telemedicine

As the government allowed Samsung Medical Center, the starting place of the proliferation of MERS(Middle East Respiratory Syndrome), to temporarily use telemedicine, the healthcare industry has made a severe oppositio...

Main products of multinational pharmaceutical companies recorded poor performance on the 1st quarter

OTC drugs, strategically marketed by multinational pharmaceutical companies, have received poor sales performance. Athlete’s foot and hand treatments, however, have only taken upturns. According to the pharmaceutica...

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