News About: Pharm. Industry
Bacchus-F sale is soaring
Dong-A Pharmaceutical saw the sales of Bacchus-F, another version of Bacchus-D, increasing by 20-30 percent in recent months, thanks to growing demand from supermarkets and 24-hour convenient stores.
The company ha...
Bukwang under over influence-peddling
The Supreme Prosecutors’ Office raided the office of Bukwang Pharmaceutical Co., today, to look into its alleged influence peddling in an insurance-covered price of Lonasen (blonanserin).
Lonasen is a relatively ne...
Bigger drug firms with 1 trillion won in sale to be foreseeable 10 years later
The domestic pharmaceutical industry cannot expect the emergence of any enterprises showing a 1 trillion-won revenue over the next 10 years due to the government’s senseless plan to cut drug prices by an average of 17...
Pharmaceutical firms moving to sell OTC drugs
Korean drug makers are seeking a breakthrough in their sluggish ethical sector by entering the promising over-the-counter (OTC) market that will bring greater revenue, under the government’s shake-up in the pharmaceut...
New drug price reform will contribute to better finance of national insurance
The government’s plan to cut generic drug prices by up to 33 percent starting next year will help curb drug costs and make the state-run health insurance program sustainable, according to Bae Ki-dal, an analyst of Shi...
Kyung Hee Medical Center to face probe over rebate
The Ministry of Health and Welfare said Monday that the ministry and the Health Insurance Review & Assessment Service will jointly scrutinize Kyung Hee Medical Center (KMC) in relation to its undue business practices ...
SK to strengthen technical ties with Chinese company
SK Biopharmaceuticals Co., which was established in April as a subsidiary of the SK Group’s holdings company SK Corp., said Sunday that it has signed a licensing agreement with a Chinese drug firm to develop and marke...
U.S. ratification on FTA will deal another blow to pharmaceutical sector
Both chambers of the U.S. Congress on Wednesday approved a free trade agreement (FTA) with Korea which will apparently help broaden the scope of the alliance.
The move is also expected to give another jolt to Korea...
Generic war to be seen for Viagra
CJ CheilJedang Corp. said Wednesday it has filed its first nullification suit against Pfizer over the utility patent of erectile dysfunction drug Viagra.
The company said it has completed the bioequivalence tests ...
BMS’s leukemia drug gets new warnings
The Korea Food and Drug Administration (KFDA) Wednesday posted new warnings to doctors about a rare but dangerous side effect of a newly launched Bristol-Myers Squibb leukemia drug that can cause abnormally high blood...
