All Type of News
Herceptin become most prescribed biologic with KRW 100 billion
‘Herceptin,’ a breast cancer therapy, has become the only biologic with more than KRW 100 billion prescriptions a year.
CoreZetta(CEO Hong-Ki Lee), a health care big data company, analyzed data about 22 biologics tur...
In 2017, drugs exports were USD 3.2252 billion, increased by 17.2% compared to year before
Although the balance of drug trade recorded deficits last year, the deficit range was decreased by 11.5% compared to the year before.
According to the tendency of import and export published by the Korea Customs Serv...
‘Cutting Drug Price, instead of Suspending Insurance Benefits, on Illegal Rebate Drugs’ passed Health and Welfare Committee
The National Health Insurance Act, which cuts drug price instead of suspending health insurance benefits on drugs with illegal rebates, has passed the Health and Welfare Committee.
The National Assembly Health and We...
KPBMA completes forming the executives with Chair Jung-Hee Lee’s leadership
The Korea Pharmaceutical and Bio-Pharma Manufacturers Association(KPBMA) with the Chair Jung-Hee Lee’s leadership has had new executives.
The KPBMA held the 73rd ordinary general meeting on the 23rd, appointed 13 vic...
MOHW will arrange meetings to generally discuss the serial number system
While people are discussing about settling Obligation of the Real-Time Serial Number Report as its administrative measures were postponed, it seems there will be a meeting to generally inspect the system outside of th...
Celltrion Healthcare starts to expand business into the Latin America
Celltrion Healthcare has started the engine to enlarge its market share in the Latin American market by signing a distribution and sales agreement of ‘Truxima(generic name: rituximab),’ a biosimilar for the treatment ...
Samsung Biologics signs a contract manufacturing agreement of KRW 17.8 billion with U.S. pharma
Samsung Biologics announced conclusion of a contract manufacturing agreement with a U.S. pharmaceutical company on 21 February.
The agreed payment is approximately KRW 17.8 billion(6.06% of recent sales), and the sta...
Government looking for companies to take ‘KRW 30 billion Initial Technology Venture Funds for the Health Care Industry’
The Ministry of Health and Welfare will create a fund of KRW 30 billion to energize ventures in the health care industry.
The MOHW(Minister Neung-Hoo Park) had decided to make the ‘Initial Technology Venture Funds fo...
MOHW’s integrity increasing continuously last 3 years, from last to 10th to 5th
As the Ministry of Health and Welfare’s(MOHW) government office integrity ranking continuously went up, it reportedly jumped from the last to the 5th only in 3 years. Its grade stayed remained at Grade 3 for 2 years.
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7 pharmaceutical companies at most to achieve KRW 1 trillion sales this year
There will be much more pharmaceutical companies with more than KRW 1 trillion sales this year. While there were only 3 pharmaceutical companies last year, it seems the number will get enlarged to 7 companies at most....
