All Type of News
Government to tighten control of corticosteroids
The Ministry of Health and Welfare is considering tightening corticosteroids management on over-prescription by hospitals in the face of growing criticism of the government’s management of drug abuse, according to the...
Merck drug Janumet XR gains regulatory approval in Korea
MSD Korea announced Thursday that the Ministry of Food and Drug Safety (MFDS) has recently approved Janumet XR (sitagliptin and metformin hydrochloride (HCl) extended-release) tablets, a new treatment for type 2 diabe...
KPWA to check multinational drug firms for marketing abuses
The Korea Pharmaceutical Wholesaler Association (KPWA) said Thursday that it will beef up the monitoring of multinational drug manufacturers to keep them from abusing their marketing here amid growing distribution mar...
Drugmakers, wholesalers raise voices against new drug-pricing system
Concerns are mounting in both drug manufacturers and wholesalers over the contentious financial incentive system designed to grant cash rewards to doctors or pharmacists that would purchase medicines as cheaply as pos...
Teva-Handok to start operations in mid-October
The Teva-Handok business venture is expected to commence activities in the middle of this month.
Last December, Teva Pharmaceutical Industries and Handok Pharmaceutical announced their agreement to establish a busi...
Propecia celebrates 15 years of birth
It has been 15 years since Propecia (finasteride), Merck’s popular hair loss medication, which has sold more than 2.7 billion tablets in 50 countries, was released.
If all those were laid end-to-end, the total dis...
Lutronic inks deal to buy US medical equipment company
Lutronic Inc., the country's leading innovator of aesthetic and medical advanced laser and related technology, said Tuesday it has reached a deal to buy a U.S.-based medical equipment firm to expand its overseas marke...
Pharmaceutical industry striving to shrug off “rebate” image
The pharmaceutical industry has never really had a good reputation, either here or elsewhere. Behind the life-curing business are heavy lobbying, dirty politics and giant rebates for favorite buyers, all of which is r...
Government urged to use Korean name “off-patent drug”
The Korea Pharmaceutical Manufacturers Association (KPMA) will ask for the Ministry of Health and Welfare and the Ministry of Food and Drug Safety to use the Korean name “off-patent drug” instead of “generic drug” to ...
Pharmacists demand sale of pregnancy diagnostic regents at pharmacies
Pharmacists are demanding people be allowed to get all in-vitro diagnostic products including pregnancy diagnostic regents directly at hospitals, not through convenience stores, claiming it will help ensure the safety...
