All Type of News
Oriental and Western medicine camps clash over prescription of herbal drugs
Disputes are arising between Oriental and Western pharmacists over who gets the right to prescribe herbal medicines to patients.
The Korean Pharmaceutical Association (KPA) criticized the Oriental medicine circle o...
Daewoong acquires Chinese drug firm
Daewoong Pharmaceutical Co., one of Korea's leading pharmaceutical companies, said last Thursday that it has signed a deal to take over Liaoning Baifeng, a Chinese drug firm, for 18 billion won.
With the acquisitio...
Pharmaceutical firms grappling with drug sales boost
Pharmaceutical companies began to refrain from using rebates as a marketing tool amid the government’s threat to punish firms involved in unlawful drug marketing activities. But this is not the end of the story.
D...
Frequent transfer of salespeople hit whole wholesaling industry
A growing number of top salespersons working for small- and mid-sized wholesaling companies are transferring to other larger wholesaling firms in pursuit of better welfare conditions, raising concerns that their exodu...
Pharmacists clash over sales of OTC medicines
With the recent opinion from the Ministry of Health and Welfare that the selling of over-the-counter drugs by an oriental pharmacist does not violate the current pharmaceutical affairs law, a group of pharmacists has ...
Pharmaceutical firms set out new marketing campaigns for university students
The prolonged economic downturn has prodded local companies to seek new marketing campaigns using new media such as social network services (SNS) as part of efforts to save on marketing expenses, industry sources said...
Testing of Korean natural drug approved by MFDS
Kwang Dong Pharmaceutical Co. said Monday it has received from the Ministry of Food and Drug Safety to conduct Phase 1 clinical trial of a natural drug for the treatment of obesity.
The company said the approval co...
KPWA mulls tougher antidumping measure of OTC drugs
The Korea Pharmaceutical Wholesaler Association (KPWA) is considering accusing some wholesalers of trying to sell the over-the-counter drugs below costs in online drug shopping malls.
“The wholesalers’ illegal acts...
BMS Korea renews commitment to anti-hepatitis campaign on World Hepatitis Day
Marking World Hepatitis Day, the head of BMS Korea said the company will become a forerunner to stop the spread of hepatitis through its campaign calling for a stronger prevention and fair access to treatment.
“Eve...
Government to toughen punishment for unlicensed oral treatment device for snoring and sleep apnea
The government on Monday announced a set of measures to toughen the punishments for unlicensed oral devices to prevent or alleviate snoring and sleep apnea, which have been recently used in dental hospitals.
The Mi...
