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Korea seeks to enhance sufficiency in vaccines
Korea’s government said Thursday it plans to nurture the nation’s vaccine industry with an aim to meet more than 80 percent of domestic demand by 2020 from the current 30 percent.
In a meeting of policymakers presi...
Government to conduct joint probe into hospitals
The government and the Korean Hospital Association (NHA) are now conducting their join investigation into the usual drug payment period of hospitals nationwide.
The measures is part of government’s efforts to accur...
Korean drugmakers seeking to strengthen strategic alliances with foreign-invested firms
A growing number of domestic firms have already established strategic alliance with the Korean units of multinational firms for co-marketing and/or co-promotion of new drugs to effectively minimize outlays for sales a...
135 customers visit nighttime drugstore daily in Bucheon City
An average of 135 people made their visits to a nighttime pharmacy in Bucheon City over the past four months, according to Bucheon Pharmacists Association.
To tackle the restricted access at nighttime and during ho...
Jeil, Takeda Korea to cooperate over new treatment of type 2 diabetes
Jeil Pharm and Takeda Korea announced Wednesday that they have concluded an agreement to co-promote Nesina (alogliptin), Takeda’s new treatment for type 2 diabetes in adults as adjuncts to diet and exercise.
Nesina...
CJ holds preliminary ceremony to launch Exone
The pharmaceutical unit of CJ CheilJedang, the country’s largest food manufacturer, on Tuesday held an in-house ceremony in Seoul ahead of its launching of Exone, an incrementally modified drug (IMD) of Swiss based No...
Korea, China seek to expand mutual business cooperation
Executives from the Korea Pharmaceutical Manufacturers Association (KPMA) and the Chinese Pharmaceutical Industry Association agreed to work together to form a new business collaboration, such as the hosting of inform...
Drug wholesalers to boycott multinationals’ products
A growing number of drug wholesalers will join a nationwide campaign to boycott multinational firms’ products to protest the latter’s scheme to cut the wholesalers’ profit margins.
An official of the Korea Pharmace...
Government’s drug rebate crackdown ignites doctors’ outrage
Doctors have expressed their outrage over the government as over 100 practicing doctors are facing judicial action for taking kickbacks from Dong-A Pharmaceutical, the country’s biggest drug manufacturer.
A dual pu...
Nongshim Pandora opens seventh store in Busan
Nongshim Pandora, Korea’s biggest drugstore chain operator, said Tuesday that it has opened its seventh store in Seomeon, Busan, as part of efforts to expand its presence in the domestic market.
Nongshim’s seventh...