News About: Pharm. Industry
Candidates to clash head-on in February
Political pundits claim that the upcoming nomination, expected to pick new presidents of the Korea Pharmaceutical Manufacturers Association (KPMA) and the Korea Pharmaceutical Wholesaler Association (KAWA), will becom...
Sales of Dong-A grow 7% in 2011
The sales of Dong-A Pharma grew 7 percent on-year in 2011 thanks to Bacchus’s reclassification into OTC product and its partnership with GlaxoSmithKline (GSK), the world’s third largest pharmaceutical firm.
Dong-A ...
Health minister calls for amicable relationship with industry
In an effort to appease the pharmaceutical industry’s growing discontent over the government’s massive drug price cut plan, Health and Welfare Minister-nominee Rim Che-min had an informal meeting on Thursday with exec...
Nagoya protocol a ‘double-edged sword’ for Korea
A new treaty on the use of genetic resources could be “a double-edged sword” for Indonesia if the government fails to comply with the treaty.
Indonesia could end up paying high royalties because a number of the cou...
KFDA pledges to keep cGMP system on right track
Since its introduction of the current Good Manufacturing Practice (GMP) system in 2008, Korea’s drug exports have been on gradual increase every year due to improvement of local drugmakers’ quality control standards, ...
Health insurance to cover new gout treatment
SK Chemicals said Thursday that patients receiving its novel gout drug Feburic 80 mg (febuxostat) will be reimbursable from February 10, which may help patients lessen their financial burden.
The insurance-covered ...
Smaller pharmaceutical firms hesitate to develop generic drugs
Korea’s small- and mid-sized drug makers have rolled up their sleeves to tighten their belts as the government’s massive price-cut plan is expected to deal the hardest blow to their revenue.
Given the unfavorable f...
GSK’s pneumococcal vaccine may be given to pre-term infants
The Ministry of Health and Welfare announced in January that it will cover most of the cost of 10 vaccinations for children. Inoculation fees will be set at 5,000 won a shot, down from the previous average of 15,000 w...
PHARMAX Ogilvy Healthworld names new president
Hwang Yeon-hee, a former consulting head of Bayer Korea, has been appointed as the new president of PHARMAX Ogilvy Healthworld in Korea.
Throughout her more than 30 years of pharmaceutical/healthcare marketing exp...
Otsuka to bring out UL•OS brand, men’s cosmetics
Otsuka Korea is bringing UL•OS brand, one of the most popular names in Japan’s male cosmetic industry), to the nation thus expanding its business horizons beyond the traditional pharmaceutical segment.
UL•OS is a v...
