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Baekje Pharm eyes 1 trillion won

Baeje Pharm, Korea’s leading wholesaler, has set its sights on 1 trillion won in sales in the near future, propelled by sales in drug logistics and online business. As part of its efforts to reshuffle its business ...

Crystal Genomics to commence dosing in Phase 3 studies of CG100649 for osteoporosis

Crystal Genomics (CG) said Thursday it will commence dosing in Phase 3 clinical trials of CG100649, a next-generation non-steroidal anti-inflammatory drug (NSAID) for the treatment of osteoporosis (OA). The current...

Tension escalates among health ministry, drugmakers and wholesalers

The Ministry of Health and Welfare is expected to make its final decision shortly on whether the contentious cash reward system for doctors and pharmacists exists or not from next January. So far, local drug firms ...

Government urged to get tough over DUR program

The Health Insurance Review and Assessment Service (HIRA) plans to tighten drug management on inappropriate prescription by hospitals in the face of growing criticism of a government-imposed review of prescribed drugs...

Morpheus M prospers as community’s health center

Morpheus M, a pharmacy chain operator, continues to attract more member pharmacies due to changing environments around pharmacies. Its business objective is to let pharmacists offer a “total healthcare” for silver ...

Ildong, CoLucid sign distribution and supply agreement for lasmiditan, a novel agent for acute migra

Ildong Pharmaceutical said Wednesday that it has signed distribution and supply agreement with the U.S.-based CoLucid Pharmaceuticals for lasmiditan in Southeast Asia as well as Korea. Under the agreement, CoLucid ...

Dong-A ST’s licensing-out treatment is under new drug application in the U.S.

Cubist Pharmaceuticals, Inc., a new U.S. partner of Dong-A ST, said on Tuesday that it has submitted a New Drug Application (NDA) to the U.S. Food and Drug Administration (FDA) for approval of its investigational anti...

KDDF focusing on linking partnerships between Korean drug firms and multinational companies

Korea has emerged as a hub for world-class research in Asia, thanks to significant government and private sector support over the past two decades. To further strengthen its leadership on the international stage, t...

Wholesalers call for scrapping of cash reward system

The Korea Pharmaceutical Wholesaler Association (KPWA) said the contentious cash reward system for doctors and pharmacists should be abolished. In a statement delivered to the Ministry of Health and Welfare on Tues...

Samsung BioLogics forms long-term partnership with Roche in Korea

Samsung BioLogics on Tuesday said that it has entered into a long term strategic manufacturing agreement with F. Hoffmann-La Roche over the production of biopharmaceutical products. Under the agreement, Samsung Bio...

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