News About: Pharm. Industry
Korea to vaccinate 18 million people
In a move to contain seasonal influenza fears, the government is expected to secure 18 million doses of vaccine for the influenza virus this year.
As part of plan, the Public Procurement Service said on August 26 t...
Complaint against KBS over misreport on rebate
The Korean Pharmaceutical Association said on August 27 it has asked Korea Broadcasting System (KBS) for what it claimed to be a misreport on pharmacy rebate.
The media said on its recent news program that about 20...
Drugmakers skeptical of introduction of PSUR system
Contrary to government intention, pharmaceutical firms here believe Korea's ambitious goal to effective ex post facto drug management through introduction of Periodic Safety Update Report (PSUR) in the proposed drug r...
Kuhnil appoints joint CEOs
Kuhnil Pharm says it has named Lee jae-geun, marketing and sales director, as a joint CEO with incumbent CEO Kim Young-joong.
It has also appointed Kim Sun-ho, head of planning and management division at Penmix and...
Neurodex to develop micropowder formulataion over functional bioproduct
Neurodex Co., a local biopharmaceutical company, says it has succeeded in developing micropowder formulation technology of NXCL-4950, a functional cosmetic product applied on the skin that improves peripheral blood-fl...
Listed pharmaceutical and bio stocks gaining momentum
Recently, local pharmaceutical and bio shares have drawn investors’ interest in the midst of lingering economic uncertainties
On the main bourse, the combined stock value of domestic five major pharmaceutical firms...
Korean drugmakers seeking to develop time release technology of combination drugs
More and more pharmaceutical companies in Korea are focusing on the development of time release technology, such as also known as sustained-release (SR), sustained-action (SA), extended-release (ER, XR, or XL), time-r...
Hemorrhoid on increase
The National Health Insurance Corporation (NHIC) says the number of people suffering from hemorrhoid who visited hospitals was 214,100 last year.
Last year, 205,095 people had their senile cataract treatment cover...
Propofol designated as psychotropic drug
The Korea Food and Drug Administration announced on August 26 that it designated propofol, a powerful anesthetic as a hallucinogen, as one of psychotropic drugs so as to lay the legal groundwork for prevention of its ...
Daewoong faces lawsuit
Daewoong Pharm faces a lawsuit as Yuyu Pharm has recently filed a compensation suit against Daewoong for breaking a contract to produce a generic version of Lanston, anti-ulcer agent.
The Seoul Central District Cou...
