News About: Pharm. Industry
Health insurance allowance re-possible for oral ginkgo biloba extracts
The Ministry of Health, Welfare and Family Affairs announced on November 20 that SK Chemicals’ Ginexin and Yuyu’s Tanamin (EGb 761) are re-eligible for health insurance from December 1, as long as the two drugs may be...
Korea’s medicine price to be studied
The government plans to compare the prices of 73 medicines in 15 countries, including the United States, Japan, U.K., France and Switzerland, with those of Korea, according to the National Health Insurance Corporation...
Korean drugmakers to suffer damage of 2 trillion won
The Korea Pharmaceutical Manufacturers Association claims that the domestic market will suffer damage of 2 trillion won due to the government’s relentless drug price-cut policy.
The sum is equivalent to at least 1...
Hanmi, Lundbeck Korea to reinforce local co-marketing of Ebixa for treatment of moderate to severe A
Hanmi Pharm said on November 27 that it has signed an agreement with Lundbeck Korea with an aim to co-promote Ebixa (memantine 10mg), anti-dementia agent, in Korea for the next five years.
A November 26 signing cer...
Bioequivalence tests on generic Tamiflu are still underway
Local pharmaceutical companies have still embarked on their bioequivalence studies of their generic version of Tamiflu, health officials said recently.
Several companies including Kukje Pharm and Huons have receiv...
Yungjin opens GMP plant
Yungjin Pharm said it has recently started operation of a GMP plant in Wanju of Cheolla Province that will produce pharmaceutical bulk materials.
A Yungjin official said that a total of 2.0 billion won was spent co...
Family feud breaks out over inheritance
A family feud within Green Cross Corporation broke out as the eldest son Huh Seong-su, 39, and former vice president of Green Cross, objected to his father’s will
Huh Young-sup, chairman of Korea Green Cross Corp.,...
Round of golf unattractive for doctors
With the year-end season approaching, some doctors even expect remuneration in cash instead of golf tour as they know they do their part in return for the gifts, according to pharmaceutical business sources.
For ex...
Cold medicine sales show stable signs
The recent sales of cold remedies have maintained the similar pattern as did in last year, as domestic demand on cold remedies has been on the gradual increase
So far, the H1N1 flu pandemic emic was chiefly respon...
Myungin’s Igatan wins TV advertising award
Myungin Pharm said on November 24 that it grabbed a gold TV prize in 2009 Maekyung Adverting Award ceremony.
According to the organizers, the Igatan advertisement expressed well the dental drug’s concept – “We are...
