News About: Pharm. Industry


Daewon to expand indications of felubiprofen

The Korea Food and Drug Administration gave its nod to the local clinical trials of Daewon’s felubiprofen (brandname: Peluvi), a nonsteroidal anti-inflammatory drug, aiming at expanding indications, such as lumbago. ...

Ahn named new marketing head of Roche Applied Science

Roche Diagnostics Korea has appointed Ahn Eun-uk, current managing director, as its new market chief of Applied Science business division. Ahn holds a doctor degree after he majored in business administration at ...

Asbestos-containing drugs to be scrapped

The Korea Food and Drug Administration said on August 20 it will direct pharmaceutical companies, drugstores and hospitals to scrap about 1,000 drugs and medical goods that are confirmed to have used talc or talcum po...

Tamiflu expiry date can be extended, KFDA says

Tamiflu's five-year shelf life can be extended by two years, the Korea Food and Drug Administration said in a statement dated August 25. The KFDA said it had already conducted the controversial three batches of Tam...

Ilyang to produce flu vaccines

Pharmaceutical company Ilyang Pharm will become a new vaccine producer, a company spokesperson said on August 21. Ilyang is expected to break ground for the vaccine factory in Jechon, North Chungcheong Province. ...

Korea urged to cope with vaccine shortfall

Many point out that the storage of antiviral drugs to fight the virus after infection isn't enough either. Korea has managed to secure about 5.3 million doses of Tamiflu and Relenza, but they are far less than the...

Pharmaceutical, biotech stocks set fresh records

Pharmaceutical stocks closed higher on August 24 on hopes of stronger earnings, as H1N1 influenza has once again become a national public health concern in Korea. The share prices of Green Cross, Chong Kun Dang Pha...

Daewoong ready to produce generic versions of Tamiflu

Daewoong Pharm said that the company can put the generic versions of Tamiflu on shelves in less than six months, should the government issue the compulsory licenses. “We have already made it clear to the Korea Food...

Daewoong holds symposium over B-complex vitamin

Daewoong Pharm said it has held a symposium for B-complex vitamin “Impactamin” at Lotte Hotel in Pusan on August 23, with a title “As ages changes, vitamins are changes.” A total of 200 pharmacists gathered in the ...

Local flu vaccine will be available in mid-November

The Korea Food and Drug Administration said on August 20 that it has approved clinical trials on an influenza vaccine “GC1115” developed by a local pharmaceutical company amid intensifying efforts to stem the spread o...

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