News About: Pharm. Industry
Drug firm fined for illegal rebate
The government is taking a carrot-and-stick approach to the pharmaceutical industry, by encouraging development of new drugs with possible tax incentives on one hand and forcing two pharmaceutical firms to suspend ope...
Pharmaceutical firms set sight on new TV channels
The battle to win the stake in new TV channel consortiums will be fierce among drugmakers as five pharmaceutical firms, Samyang Corp. and Dongkwang Pharm have pledged to hold some stake in each consortiums.
There a...
OTC selling at supermarkets emerging as blue ocean
As calls are growing for sale of over-the-counter drugs at supermarkets and convenient stores, pharmaceutical companies are busy hiding their big smiles.
Sources say pharmaceutical companies are quite happy with th...
Study shows ursodeoxycholic acid therapy holds promise
High-dose ursodeoxycholic acid (UDCA) therapy, an active ingredient of Ursa, has shown promising results for its safety and tolerability in the treatment of nonalcoholic steatohepatitis (NASH), according to Daewoong P...
JW Holdings to enhance corporate image
JW Holdings and its affiliated companies said Thursday it will introduce QR code based name card system in order to help boost their corporate image (CI).
This barcode is what known as a Quick Response or QR code, ...
Controversy brewing over pharmaceutical industry nurture act
A controversy surrounding the pharmaceutical industry nurture act is growing in the wake of the proposal by the Korea Pharmaceutical Industry Cooperative (KPIC).
In a statement delivered to the Ministry of Health a...
Kim to become KPMA Vice President
Kim Yeon-pan, vice chairman of Hanmi Pharmaceutical Co., has been named the new Korea Pharmaceutical Manufacturers Association (KPMA) vice president, replacing Moon Kyung-tae.
The KPMA senior group has recently dec...
IPA-containing painkillers likely to be pulled from shelves
Best-selling painkillers, Samjin Pharm's Geworin, Bayer Korea's Saridon-A and others, will face being banned in the domestic market as the Korea Food and Drug Administration (KFDA) on Tuesday ordered the manufacturers...
Are direct-to-consumer drug ads necessary?
Suppose you watch a TV commercial with the warning that you should call a doctor if a certain symptom lasts more than four hours, then you feel chilly and nervous.
Direct-to-consumer (DTC) advertising by pharmaceut...
Pharmaceutical firms focus on development of generics for treatment of diabetes
With many global makers’ blockbuster products coming off patent, the race for the generic drug market is set to be in full force in the years to come.
The combination drug recently at the center of attention is bes...
