News About: Pharm. Industry
GlaxoSmithKline confirms presence of material from PCV-1 virus in Rotarix
GlaxoSmithKline (GSK) confirmed on March 22 that it has notified the Korea Food and Drug Administration of the presence of material from a virus called PCV-1 in its oral rotavirus vaccine, Rotarix.
PCV-1 does not ...
Drug makers urged to step up self-purification efforts
Korean pharmaceutical firms should be encouraged to voluntarily make changes through strict application of the fair trade code as part of their efforts to persuade the government to scrap the plan to provide cash rewa...
“Independent chain” network for drug distribution contemplated
A major change in Korea’s drug distribution for pharmaceuticals is in the making as major domestic wholesalers, including Geoyoung and Dongwon Pharma, plan to step up their “independent chain” networks to boost their ...
Daewoong enters agreement with Medivir for MIV-210, hepatitis B and HIV therapy
Daewoong Pharm announced on March 22 that it has signed an exclusive license and supply agreement with Medivir AB, a Sweden based pharmaceutical company, for a novel hepatitis B virus (HBV) polymerase inhibitor drug, ...
Chong Kun Dang releases multivitamin preparations
Chong Kun Dang Pharmaceutical Co. has recently marketed a series of three different multivitamin tablets (Incolamin Premier, Q10 and Join-up) containing a variety of nutrients including fursultiamine HCl, vitamin grou...
Direct-to-consumer ads of prescription drugs in free dailies are illegal
The Korea Food and Drug Administration has recently clarified that any direct-to-consumer (DTC) advertisements of prescription drugs cannot be carried in free newspapers that are being dumped in its subway trains.
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Green Cross to conduct clinical trial for novel immunotherapy
Patients with lymphoma can rest assured that science and technology are finding their way to improving options in cancer care using the body's immune system through the field of immunology.
Green Cross Corporation ...
'Dumping' war of OTCs looming in pharmacy market
The recent price increase of popular over-the-counter (OTC) drugs has produced negative effects that require the attention of pharmacists, including the possibility of predatory pricing, commonly referred to as “dumpi...
Can two-way sanctions gain momentum?
Attention is now being focused on the recent measure of the Fair Trade Commission (FTC) as two large hospitals have been hit for fines.
Drug manufacturers target doctors to get them to adopt specific drugs, insider...
Sales of 76 pharmaceutical firms total 10.2 trillion won last year
According to statistics compiled by the Korea Tax Union (KTU), the combined sales of the 76 pharmaceutical firms and 84 wholesalers last year marked 10.2 trillion won and 7.5 trillion won, respectively.
By drug dis...
