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New combination approved by MFDS for s-amlodipine/valsartan
Ahngook Pharm said on Tuesday that the Ministry of Food and Drug Safety (MFDS) had given the green light to Levosartan, which combines the two most commonly prescribed hypertension medicines in one tablet (5mg/160mg, ...
Duplicate price scheme proposed for exportable medicines
The local research organization has recommended a “duplicate price” scheme in which the manufacturer of exportable drugs would refund to the National Health Insurance Corporation the price difference existing between ...
4 innovative pharmaceutical firms to receive award from government
The Ministry of Health and Welfare has recently unveiled its plan to offer an award to four innovative pharmaceutical firms that are widely recognized to stimulate the country’s research and development (R&D) for new ...
Too small to survive for wholesalers
Although the country’s pharmaceutical sector has been overshadowed by such export powerhouses as the giant electronics or auto industries, Korea actually has a fairly large pharmaceutical market.
Korea ranks among...
Sluggish sales hit drugmakers
Korean drug firms have seen lackluster sales amid the prolonged economic slump. The firms are struggling to deplete increasing volumes of stocked drug products, fallout from a prolonged downturn in the local industry....
Dong-A cerebrates Bacchus on 50-year birthday
Dong-A pharmaceutical on Aug. 8 said it held a ceremony celebrating the golden anniversary of Korea’s noncarbonated Bacchus at its headquarters in Yongsan-dong, central Seoul, attended by Kang Shin-ho, chairman of Don...
Korean drugmakers at a crossroads
Many experts say that the country's medicine business is standing at a crossroads. Is it going take a leap with new, innovative drugs or continue chasing global leaders with generic products?
The Korea Pharmaceutic...
Ministry halts sales of anti-diarrheal medications
Korea’s drug watchdog announced Thursday that it has recalled all stocks of anti-diarrheal medicine Lacteol and its generic versions and suspended their sales until it completes an evaluation.
Three anti-diarrheal ...
Dongwha apologizes for trouble over anti-diarrheal medicine Lacteol
Donwha Pharm issued a public apology Thursday for causing an inconvenience over the wrong active ingredient used in anti-diarrheal medicine Lacteol (tyndalized lactobacillus acidophilus) and its generic versions,
T...
Lactobacillus acidophilus does not have any potential for health risks, MFDS says
The state-run drug regulator on Thursday recalled all stocks of anti-diarrheal medicine Lacteol (tyndalized lactobacillus acidophilus) and its generic versions and suspended their sales until it completes an evaluatio...