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3 out of 10 Koreans use outpatient oriental medicine clinics, mostly for ‘acupuncture therapies’

It is observed that less than 3 out of 10 Koreans use outpatient oriental medicine clinics and less than 1 uses hospitalization the clinics. It is surveyed that outpatient oriental medicine clinics are used more freq...

Would the ‘OTC Drug Price Investigation’ reduce errors?

Would the OTC drug price investigation participated by nationwide pharmaceutical investigators properly be conducted? Through the OTC drug price investigation, the Ministry of Health and Welfare recently unveiled pha...

Fulcare, Aronamin and Cencia grew 186%, 71% and 66% up, respectively

It is known that the most notable products in the OTC drug market were the Menarini’s Fulcare, the Ildong Pharmaceutical’s Aronamin and the Dongkook Pharmaceutical’s Censia. While Fulcare is on a successful streak, A...

Having the hostile M&A controversy, Ildong Pharmaceutical will pay KRW 1.47 billion cash dividends to Green Cross

While a part of the pharmaceutical industry expects that Green Cross will try a hostile M&A on Ildong Pharmaceutical, Green Cross will receive KRW 1.471 billion cash dividends through distribution of the Ildong Pharma...

Damages of the price-fixing case of ‘Zofran’ and ‘Ondaron’ has been recomputed to KRW 1.2 billion

The National Health Insurance Service (NHIS) raised damages for the reverse payment lawsuit case between GSK and Dong-A ST from KRW 470 million to KRW 1.2 billion. At first, based on the economic analysis data of the...

The top imported pharmaceutical product last year was ‘Prevenar’

It is observed that the last year’s top global pharmaceutical product was the Pfizer Korea’s pneumococcus vaccine Prevenar. According to the Korea Pharmaceutical Traders Association (president Han-gi Kim), the last y...

In 2015, multinational pharmaceutical companies have shown competition in the asthma and COPD treatments

Since the beginning of the New Year, multinational pharmaceutical companies have shown high interests in asthma and COPD (Chronic Obstructive Pulmonary Disease) treatments. As the number of asthma and chronic obstruc...

Exports in pharmaceutical products were $4.57 billion, a 20.3% increase, last year

It is known that exports of pharmaceutical products in 2014were increased by 20.3% with $4.57 billion compared to the year of 2013 with $3.8 billion. On the other hand, imports of pharmaceutical products in the last ...

CEO Han-gi Kim was appointed as the new president of the Korea Pharmaceutical Traders Association

CEO Han-gi Kim of Sinsin Pharm was appointed as the new president of the Korea Pharmaceutical Traders Association (KPTA). The KPTA held the 57th general meeting at the Palace Hotel Seoul on 27thand unanimously select...

Dong-A Socio Holdings will be divided into investment business and biosimilar business

Dong-A Socio Holdings will be divided into investment business and biosimilar business. With the object of establishing a management structure, dispersing management dangers, raising company and shareholder values, t...

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