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Lipiodol applied KRW 190 thousand drug price from 20 August 2018

‘Lipiodol,’ which passed the Health Insurance Policy Deliberation Committee after the recent drug price negotiation, will be applied drug prices of KRW 190 thousand from 20 August. The Ministry of Health and Welfare(...

Yuhan Corporation made 10 products with more than KRW 10 billion sales

The top sales pharmaceutical company Yuhan Corporation put 10 products in the product list with KRW 10 billion sales in the 1st half of the year. 2 of them made more than KRW 50 billion sales. According to the busine...

‘Open Innovation’ already popular among global pharmas

While the Korean pharmaceutical industry is fully understand necessity of ‘open innovation,’ items related to open innovation have been introduced to global pharmaceutical companies. It was explained global pharmaceu...

Too many shortages and manufacturing suspensions to cause concerns

It has been unstable with supply of pharmaceutical products due to temporary out-of-stock and manufacturing suspension with their pharmaceutical products. According to the industry concerned, Celltrion’s ‘Celltrion A...

Listed pahrmas weakened in profitability

It was criticized listed pharmaceutical companies have been weakened in profitability. Yakup Shinmoon(www.yakup.com) analyzed KOSPI and KOSDAQ listed pharmaceutical companies’ 2018 2nd quarter business performance, a...

Jongno-gu considered to have excellent pharmacy accessibility compared to other 25 Seoul districts

Among the 25 Seoul districts, two districts with the highest pharmacy accessibility reportedly were Jung-gu and Jongno-gu. Yakup Shinmoon(www.yakup.com) analyzed the 25 Seoul districts’ population and the number of p...

Pharmacies are also vulnerable to criminal offenses

While it is urgent for the government to take actions to resolve safety matters for health care providers in accordance with the assault accident on doctors at emergency room, there has been a voice of asking plans fo...

MFDS to reevaluate 2,515 products of 263 medical devices

2,515 products of 265 manufactured and imported medical devices will be reevaluated next year. The Ministry of Food and Drug Safety(MFDS) announced a plan to reevaluate 2,515 Grade 2,3 & 4 medical device products in ...

“Korean biopharmaceutical companies should use U.S. federal government’s R&D support programs”

It was suggested it would be important for Korean biopharmaceutical companies to actively use the Federal Government of the United States’ R&D support program. Jung-Min Lee at Korea Trade-Investment Promotion Agency(...

Government, “We’ll review the suggestion of disposing waste medicines by local governments”

The Ministry of Health and Welfare(MOHW) will consider adding ‘expansion of collecting sites’ into the waste medicine disposal plan by local government for safe use of medicines. The ministry also announced to review...

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