News About: Pharm. Industry
Strategic alliance with pharmaceutical firms positive for wholesalers
Business sources say that domestic wholesalers have already established strategic alliances with pharmaceutical manufacturers for distribution of medicines to effectively minimize outlays for sales of new drugs.
Gu...
Hanmi, Baxter to expand cooperation over amino acid infusion
Hanmi signed an agreement with Baxter to distribute the latter’s three products, such as Oliclinomel 1000 mL, Clinoleic and Cernevit, in Korea from next year, it was learned Monday.
Hanmi officials said the three p...
Export of cold medicine to be restricted
A Korean health watchdog plans to restrict export of cold medicine containing pseudoephedrine HCl as soon as possible, according to a source from the Korea Food and Drug Administration (KFDA).
Under the plan, Korea...
'Dumping' war may kill drug industry
A cash reward plan in the pharmaceutical market has produced negative side effects that require the attention of policymakers, including the possibility of predatory pricing, commonly referred to as “dumping.”
A m...
Roche supplies Tamiflu for 100,000 patients
Roche Korea is making all-out efforts to increase the supply of the antiviral drug Tamiflu to treat Influenza A after a recommendation from health authorities that the country will need more of its stock, a company sp...
New antismoking aid released
Zeros International Co. says it has launched Zeros Air, a smoking cessation aid that provide non-nicotine vaporized solution.
Approved by the Korea Food and Drug Administration, Zeros Air contains a natural essence...
Pharmacies, wholesalers face off over credit card
Controversy is escalating between wholesalers and pharmacists over the former's demand to use a specific credit card in undue drug payments.
When it was reported recently that wholesalers demands pharmacies to sett...
Concerns mounting over cash incentive plan
It has long been a tough challenge for health authorities to break corrupt ties between drug makers, doctors and pharmacists. There are still many medical professionals who do not feel compunction about taking rebates...
GSK’s Avandia monthly sales slide to 6 million won
GlaxoSmithKline’s embattled diabetes drug Avandia has lost a lot of market ground in the market to competitors as a medicine for type 2 diabetes, even if the Korea Food and Drug Administration (KFDA) ordered doctors t...
Domestic drugmakers to sign MOU with wholesalers
The Korea Pharmaceutical Manufacturers Association has unveiled its plan to strengthen its ties with pharmaceutical wholesalers ahead of the lifting of controversial unified distribution system at the end of this mont...
