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Expenses for Jakaviwill decrease from KRW 6 million to KRW 170 thousand due to the National Health Insurance benefit
Last year, the Novartis’s marrow fibrosis treatment Jakavi, which has finally succeeded to get the National Health Insurance Benefitafter its third try, will be providedto patients with KRW 170 thousand per a monthfro...
The ‘Priority Sale Item Approval System’ has passed the Bill Examination Subcommittee with edition of the period of exclusivity to 9 months
Amendment for the Pharmaceutical Law, including the ‘Priority Sale Item Approval System’and the ‘Postmarketing Prohibition Measure’ has revised the exclusive period to 9 months and passed the Bill Examination Subcommi...
The top export company ‘Green Cross’– The highest export ratio company ‘Chong Kun Dang Bio’
While domestic pharmaceutical companies are willing to expand abroad to overcome the current crisis, it is analyzed that Green Cross is the pharmaceutical company with the most exportation.
According to the ‘Exportat...
540 substance patents, such as Baraclude and Cialis, will be expired
Information for540 cases of substance patents expiring within 3 years will be unveiled in public.
According to the data disclosed by the Korean Intellectual Property Office (commissioner Young-min Kim), substance pat...
As the Unfair Profit Redemption Law of Original Companies has gone by with the highest speed, companies with original products are expected to oppose to it
As applicable Actto redeem fees as unfair profit feesin regards to damages to the National Health Insurance budget from indiscreet sales of generics by companies owing original productspassed the evaluation of the Bil...
Sales of Festal decreased 5.7% down while Cabagin records KRW 1.7 billion within 6 months
In 2014, the refined digestive medicine market had increased 13.4% up while the Kowa Korea’s Cabagin distinguished itself in the market.
According to the IMS data, the size of the refined digestive medicine market wa...
The Bill Examination Subcommittee will reevaluate the ‘Priority Sale Item Approval System’
Whether the ‘PrioritySale Item Approval System’is going to be applied will be decided tomorrow (the 24th).
The Bill Examination Subcommittee of the National Assembly Health Welfare Committee scheduled to hold a meeti...
Abbvie Korea recruited director So-ra Lee and director Eun-kyung Park in the medical department
Abbvie Korea (CEO Hong-giYoo)announced to appoint director So-ra Lee (47) as the vice CEO of its medical department. Also, the company has recentlyrecruited director Eun-kyung Park (41) as the medical advisor.
Direct...
Which company had the most number of new drugs launched last year?
It is observed that there were the total 48 products indicated as new drugslast year, and Janssen had the most with 11 products.
According to the Ministry of Food and Drug Safety’s ‘2014 New Drug Indication List’, th...
Would Remsima save KRW 64.5 billion every year?
A statistics has been unveiled that medical expenses of the Crohn’s disease in U.K., Italia and France will decrease KRW 419.6 billion down for 5 years if the Celltrion’sbiosimilar‘Remsima’launches. In this statistics...
