News About: Pharm. Industry
KORUS FTA to hurt pharmaceutical sector
A report released by the Ministry of Strategy and Finance said Korea's pharmaceutical sector could lose 68.6 billion in production for every year if a U.S.-Korea free trade agreement goes through.
The estimated los...
Pharmaceutical CEOs urged to improve salespeople morale
The pharmaceutical industry has had bad years, with its morality put to the test following a series of kickback scandals involving the license suspension of 390 doctors and pharmacists.
The shady deals among doctor...
Doctors to prescribe more effective and cheaper drugs
The Korean Medical Association said Tuesday that it has called on the health ministry to provide them with a list of frequently prescribed drugs for the recent five years (2006-2010).
The KMA said that the list wil...
Insecticide market to get heated after mid-August
In early June every year, purchasing mosquito repellent used to be routine, but it seems to be of no use this year.
The disappearance of the flying bugs is backed by data; as of July 16, the population of mosquitoe...
Government looks into multinational firms
The government has placed curbs on the local pharmaceutical industry giving rebates to hospitals and doctors since last November.
The investigation is now conducting by the Fair Trade Commission, the Ministry of He...
Dongwha Pharma, oldest among Korean companies
Among the country’s 736 major companies listed on the Seoul main bourse, Dongwha Pharmaceutical Co. is the oldest company surviving and thriving for a century or more, a Seoul-based association has reported.
Donwha...
Ursa most effective advertisement in first half
Among the popular TV advertisements in the first half of this year, Ursa that were advertised in TV from last December to April this year is remembered as the attractive advertisement, according to the Korea CM Strate...
OTC medicines are deemed expensive at supermarkets
The overall prices of over-the-counter medicines, which were allowed to be sold at supermarkets and convenient stores from July 21, are expensive than those in drug stores.
Yakup Shinmoon reported Thursday that Bac...
Korean medical device market tops 4 trillion won in 2010
The Korean medical device industry has been growing year by year.
According to the Korea Food and Drug Administration, the market went up 7.1 percent to almost 4 trillion won last year.
The KFDA said the market ...
Bayer urged to restart compassionate use program of Kogenate
A local hemophiliac group has called for Bayer to re-initiate their compassionate use program of Kogenate FS, antihemophilic factor (recombinant) for 21 Korean patients.
Kogenate is a recombinant factor VIII treatm...
