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CJ’s incrementally modified drug to be launched from next January
CJ Pharma has recently unveiled its plan to launch its incrementally modified drug (IMD) Vogmet from next January.
Last June, the Ministry of Food and Drug Safety (MFDS) approved another combination of metformin pl...
Hanmi to roll out new combination NSAID drug
Hanmi Pharmaceutical Co. said Wednesday that it will launch a combination drug Naxozol, which combines the two most commonly prescribed naproxen, a non-steroidal anti-inflammatory agent (NSAID) and esomeprazole stront...
Lawmakers focus on food issues only
The Ministry of Food and Drug Safety (MFDS) was fiercely attacked by both governing and opposition parties during a parliamentary audit on Monday.
Lawmakers said the MFDS was not prudent enough when it banned impor...
30 large wholesalers are up in arms
The Pharmaceutical Development Conference (PDC) said Monday it will roll up their sleeves to thwart the attempts of multinational drug manufactures, including Bayer Korea, who opted for cutting the distribution profit...
Big differences exist in imported prices of pharmaceutical raw materials per country: lawmaker
Data of the Ministry of Food and Drug Safety (MFDS) showed that there are big differences in imported prices of pharmaceutical raw materials per country, a lawmaker said Monday.
Rep. Nam Soon In-soon of the opposit...
Kwangdong targets 1 trillion won in sales by 2020
Kwangdong Pharmaceutical, Korea’s leading pharmaceutical manufacturer, has set its sights on 1 trillion won in sales by 2020, its chief executive said Monday.
In his address marking the company’s 50th founding cere...
Korea has 264 pharmacies dispensing drugs without doctor’s prescription
The number of pharmacies at remote villages or on islands where pharmacists can dispense and/or sell prescription drugs without restriction came to 263 as of the end-June, according to Rep. Min Hyun-joo of the ruling ...
Three countries’ wholesalers vows to deter multinational drug firms’ thinner margin
Wholesalers from Korea, China and Japan are joining forces in fighting against multinational drug manufacturers’ recent movement to cu distribution profit margin.
In the first Asia Pacific Pharmaceutical Distributi...
Government-appointed hospitals undertaking poor ADR monitoring functions
A total of 22 government-appointed large hospitals reporting adverse drug reactions (ADRs) nationwide were found to poorly monitor drug side-effects, although they receive a government subsidy of 100 million won annua...
Korea’s vaccine self-sufficiency rate falls below 30%
The country’s current vaccine self-sufficiency rate stands at 28.5 percent, a lawmaker said Friday, citing a report by the Ministry of Food and Drug Safety (MFDS).
Rep. Kim Hee-gook of the ruling Saenuri Party said...