All Type of News
KFDA approves subcutaneous formulation of Orencia for rheumatoid arthritis
The Ministry of Food and Drug Safety (MFDS) has approved a subcutaneous formulation of Orencia (abatacept; BMS Korea) for the reduction of signs and symptoms in adults with moderate to severe rheumatoid arthritis.
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Drug recalls on the rise
The cases of drug related recalls increased over the past three years, according to the Fair Trade Commission Wednesday.
In 2010, 166 cases of drug recalls were reported. After three years, in 2012, 244 were added ...
Drugmakers increase cashable assets amid unpredictable market factors
Korea’s pharmaceutical firms are choosing to hold more of their earnings in cashable assets as they find it harder to invest amid growing market uncertainties and global economic slump.
Cashable assets include cash...
Lilly’s Cialis grabs bigger market share
Lilly Korea, a Korea unit of U.S.-based Eli Lilly & Co., is expanding its share of the domestic anti-impotence drug market.
The market share of Cialis 5mg has passed the 10 percent mark for the first time since its...
Daiichi-Sankyo Korea chief to head KPMA’s special committee
The special committee for Japanese drug firms in Korea, under the umbrella of the Korea Pharmaceutical Manufacturers Association (KPMA), said Tuesday that it appointed Kim Dae-joong, chief executive of Daiichi-Sankyo ...
New drug pricing system leaves drugmakers in jitters
Korean drug companies are said to face jitters as the National Health Insurance Corporation (NHIC) is reconsidering introducing the “reference price system (RPS),” which was already scrapped in 2002 due to vigorous op...
Industry minister Visits SK Chemicals “Eco Lab”
SK Chemicals said Tuesday that Trade, Industry and Energy Minister Yoon Sang-jick paid a visit to its main office building “Eco Lab,” located in Pangyo-dong, southeast of Seoul.
After Industry Minister Yoon and his...
Three salespeople quizzed over Dong-A’s illegal kickbacks
Three salespersons of Dong-A Pharm involved in offering the illegal rebate of 2.4 million won to a doctor per a 15-minute educational video were questioned by prosecutors at the Seoul Central District Court, according...
KRPIA to hold international drug symposium
The Korean Research-based Pharmaceutical Industry Association (KRPIA) will hold an international symposium on the re-assessment of new drugs on July 7 at KOEX convention center in Seoul.
The symposium, under the ti...
Pharmaceutical firms seek to add more employees
About one year after the government forced drug makers to cut drug prices, they were expected to scale back their work forces due to falling profits this year, but unexpectedly, the number of new payrolls are on the i...
