All Type of News
“We’ll become a company leading the obesity market within 10 years”
The obesity rate has finally exceeded 37% for adults over 30 in Korea, which means 1 of 3 adults are obese. Thus, Novo Nordisk, a global pharmaceutical company, has launched Saxenda(generic name: liraglutide 3.0mg), a...
Which listed pharmas spent the most in SG&A expenses?
The KOSDAQ listed pharmaceutical companies’ average SG&A(selling, general and administrative) expenses were more than 3 times higher than what KOSDAQ listed pharmaceutical companies spent. KOSDAQ listed pharmaceutical...
Listed pharmas have 57% debt ratio to capital owned in 2017
1 of 5 listed pharmaceutical companies were evaluated a company having problems in financial soundness as having more debts than their capital.
Yakup Shinmoon(www.yakup.com) analyzed 2017 audit reports that 65 KOSPI ...
NHIS to start to eradicate illegal medical institutes
The NHIS will start to eradicate illegal medical institutes, such as ‘Director Hospital’ and ‘Face Pharmacy.’
This year, the National Health Insurance Service has created the ‘Medical Institute Supporting Office’ as ...
FIP prepares revision to the International Nonproprietary Names Policy Declaration
A policy committee under the International Pharmaceutical Federation(FIP) has created a revision bill to the policy declaration for the International Nonproprietary Names.
In accordance with the Korean Pharmaceutical...
Shocking appointment of early 40’s Seung-Ho Jeon as Daewoong Pharmaceutical CEO
Daewoong Pharmaceutical(CEO Seung-Ho Jeon) is following a strategy to strengthen its management with professional managers as appointing President Jae-Choon Yoon and President Seung-Ho Jeon as new Co-CEOs on the 23rd....
How Korean pharmas did with operating profits?
While KOSPI listed pharmaceutical companies’ operating profits were largely increased year-on-year last year, KOSDAQ listed pharmaceutical companies had a decrease year-on-year in the category. When it comes to the pe...
340 drugs of 11 pharmas cut by 8.38% for providing illegal rebates
340 drugs of 11 pharmaceutical companies which were exposed for provision of illegal rebates were cut price by 8.38% on average.
The Ministry of Health and Welfare(Minister Neung-Hoo Park, MOHW) held the Health Insur...
167 products including ‘Iclusig’ newly registered for National Health Insurance Service
Next month, 167 products including a leukemia therapy ‘Iclusig’ will be applied for the National Health Insurance Service.
The Ministry of Health and Welfare revised and announced the ‘Drug Insurance Benefits List an...
Korea & US agree to revise and improve pricing system for global innovative new drugs
The Korean and U.S. governments have come to an agreement to revise and improve the global innovative new drug pricing system at the FTA renegotiation.
The Ministry of Trade, Industry and Energy(MOTIE) announced this...
