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Sabbah named to head Kael-GemVax’s global marketing business

Korean biotech Kael-GemVax said Monday it has appointed as its chief general manger in global business, Charles Sabbah, a world-renowned marketing expert. Sabbah will take c...

Hospira Korea’s female CEO promoted to general manager

Hospira Korea CEO and president Park Young-ae was promoted to general manager tasking charge of Korea and Taiwan business, company official said Monday. The new general manager has been appraised for her contributi...

Court ruling on Dong-A’s illegal kickbacks draws industry’s keen attention

Now all eyes are on the ruling of the Seoul Central District Court today as the court is expected to hand down its sentence on two doctors accused of receiving kickbacks from Dong-A Pharmaceutical in March. In the ...

Generic Exforge market getting heated

Starting in October, CJ Pharmaceutical Unit will gear up to enter the domestic combination-form hypertensive drug market with a tool of its incrementally modified drug Exone (va...

Concerns mounting over new drug reform

The government’s plan to implement its revised volume forecast plan for a drug starting next year has triggered concerns from the domestic pharmaceutical community. Under the plan, drug manufacturers and the Natio...

Drugmakers, wholesalers stuck in fight over pharmacy’s financial cost

The dispute between drug manufacturers and wholesalers over the latter’s demand that the contentious financial cost given to pharmacies should be guaranteed by drug companies in addition to wholesalers’ profit margin....

Wholesalers pin hopes on 3-month drug payment bill

As the National Assembly is set to begin work this week after nearly a month of idling, there is a growing hope among wholesalers that lawmakers will pass the contentious bill to have hospitals settle overdue drug pay...

Tension rises over doctors’ boycott

Without a doubt, the tension between doctors and pharmaceutical firms and doctors is culminating this month as the Seoul Central District Court will make its ruling on 10 doctors involved in kickbacks offered by Dong-...

Daewoong calls for civil group’s clarification over Ursa dispute

Daewoong Pharmaceutical has launched its offensive against the Korean Pharmacists for Democratic Society (KPDS) over the latter’s false efficacy claim that Ursa (ursodeoxycholic acid) is nothing but a digestive agent,...

New warehouse regulation perplexes wholesalers

Local wholesalers are having trouble adjusting to the new regulation calling for a warehouse calling for at least 80-pyrung (1 pyung = 3.3 square meters), which divides wholesalers into two groups. As for the ware...

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