News About: Pharm. Industry
Bukwang sets eyes on overseas markets
Bukwang Pharm is going all-out to make inroads into foreign countries as the domestic market shows clear signs of reaching saturation point.
The company is adopting its own strategy and action plans in its quest f...
Imported foreign drugs overpriced, lawmaker claim
A lawmaker has recently criticized the local drug distributors for overpricing the market prices of foreign drugs in the domestic market.
Rep. Shin Sang-jin of the ruling Grand National Party called on the governme...
Wholesalers to stage mass rally today
Wholesalers will launch a massive rally in front of the Ministry of Health and Welfare in Seoul today, calling for the government to defer the unified distribution system, according to the Korea Pharmaceutical Wholesa...
Urea foot cream - a cure for cracked feet
Dry, rough feet are a problem many people have. For most dryness, a simple solution like rubbing the feet with petroleum jelly is enough. But for some, such home remedies just can't do it. When the feet get so dry and...
Pharmaceutical firms gearing up for expansion in Brazil
Local pharmaceutical companies are expanding their businesses abroad to enlarge and diversify their customer base while creating opportunities to improve their products through cooperation with foreign firms, industry...
Weight diet pill sibutramine to be banned in Korea
The Korea Food and Drug Administration (KFDA) said on October 14 that it has decided to ban sales of controversial sibutramine in Korea based on the recommendation from the Central Pharmaceutical Affairs Review Commit...
Abbott Korea to stop sales of Reductil
Abbott Korea said on October 14 it will suspend Korea sales of a weight- loss pill in the face of a recommendation by the Korea Food and Drug Administration that heart-related risks made the prescription drug too dang...
Daewoong unveils new wound-healing ointment
Dawoong Pharm has recently launched a skin care product containing epidermal growth factor (EGF) as an over-the-counter drug.
The EGF ointment 10g plays a role to boost the renewal of skin cells and restore the epi...
Sales of weight loss pill likely to be prohibited in Korea
The controversial anti-obesity drug sibutramine could be banned in India, according to pharmaceutical sources.
The Korea Food and Drug Administration (KFDA) is coming under criticism for its lax management of contr...
Korea’s pharmaceutical export tops $957 million in first half
Stimulated by robust demand of pharmaceutical raw materials and oriental medicines, exports by local pharmaceutical companies posted $957 million in the first half of this year, according to data released by the Korea...
