News About: Pharm. Industry


KFDA to support medical equipment industry

The Korean medical device industry has been growing year by year. According to the Ministry for Health, Welfare and Family Affairs, the market has grown by an annual average of 10.9 percent from 2001 to 2007. Exports ...

Government, drug maker at odds over new drug-pricing system

The health ministry's new drug-pricing system, which will pay medical institutions and drug stores to buy cheaper drugs, is triggering an anger from domestic pharmaceutical firms. During a parliamentary committee m...

Michael Berry named head of BMS Korea

Bristol-Myers Squibb (BMS) Korea, a local subsidiary of the U.S. pharmaceutical giant, has appointed Michael Berry as its new president. The 40-year-old man joined BMS Korea and worked for the firm in Africa from 2...

KPMA to elect next president

A new head will be soon appointed in the general meeting of the Korea Pharmaceutical Manufacturers Association to be slated for Feb. 25. The KPMA, in the top executive and advisory group meeting on Feb. 19, set up ...

Drugmakers to face drug price cuts

Domestic and foreign manufacturers of antihypertensive agents is set to face an imminent drug pricing reform with price cut proposals already put forward to the presidential Blue House by the Ministry for Health, Welf...

SH Pharm jumps into Smart Care project

SH Pharm, a medium-sized company specialized in developing biotech products, is growing on the news that the company is one of LG Electronics-led consortium members. The consortium submitted a proposal on Smart Car...

Cegedim Dendrite to launch Mobile Intelligence 5.1

Cegedim Dendrite, the world’s leading provider of Life Sciences customer relationship management (CRM) solutions with the world’s No.1 market share, plans to launch the latest version of its flagship suite, Mobile Int...

GE Healthcare to provide MicroCal’s solution

GE Healthcare Korea said it will provide a range of healthcare technologies and services, including microcalorimeters of the U.S.-based MicroCal LLC, for clinicians and healthcare administrators in Korea. GE Health...

Special committee to head KPMA until Feb. 25

A 7-member special committee will be set up to deal with the key affairs of the Korea Pharmaceutical Manufacturers Association as the group's president Auh June-sun recently offered to resign in protest against the go...

Successful strategies proposed over biosimilars

Drug manufacturers need to recognize that three factors – better formulation method, timing and cost competitiveness – should be essential to make their biosimilars successful in the global market, according to a loca...

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