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Drugmakers, wholesalers urged to promote mutual growth
The controverial Namyang case is a typical example vividly showing how small business owners are suffering distress from unfair and illegal business practices at the hands of their bigger partners. It’s lamentable to ...
NHI should cover Revlimid under risk-sharing agreements
Celgene Korea was in negotiations to agree a deal to make its cancer drug Revlimid more affordable to the National Health Insurance (NHI) last year, but failed to reverse a negative decision of the National Health Ins...
19 doctors to face court hearing for illegal kickbacks
The first court hearing on 19 doctors, who was indicted on charge of illicit drug kickbacks, will be held today.
In March, the prosecution summoned 119 doctors for receiving inappropriate favors from Dong-A Pharmac...
Doctors, pharmacists still in deadlock over drug prescription information
Doctors and pharmacists are locked in an impasse with the government showing no signs of backing down from their position on the long-stalled issues, such as mandatory duplicate prescription and drug information in wr...
Green Cross’s U.S. partner gets 'orphan drug' designation for novel anticancer drug
Green Cross Corp. said last Friday that JX-594 (pexastimogene devacirepvec), an investigational medicine its U.S. business partner Jennerex Biotherapeutics developed for patients suffering from hepatocellular carcinom...
Production of cosmetics grow 11.5% in 2012
Total output of cosmetic products in Korea grew 11.5 percent on-year in 2012 thanks to higher demand from domestic consumers and foreign tourists, data showed Monday.
Cosmetics production here came to 7.12 trillion...
Penmix open second CGMP plant
Penmix, an affiliated company of Kuhnil Pharmaceutical, will start operation today of its second cGMP (current Good Manufacturing Practice) plant in the western city of Chunan, South Chungcheong Province, that will be...
Full coverage pledge for 4 major diseases draws mixed reactions
President-elect Park Geun-hye promised to cover costs of treating the four major diseases fully by 2016 during her campaign, raising the portion the government pays for medical costs gradually from the current level o...
Wholesaler probed for suspected kickbacks
The prosecutor have launched an investigation into a regional drug wholesaler on suspicion of offering kickbacks in exchange for the hospitals using their products.
The investigation is part of the government’s wid...
Drug wholesalers, Seoul Credit Guarantee team up for credit guarantee
The Korea Pharmaceutical Wholesaler Association (KPWA) said Thursday that it will step up efforts to support small wholesalers in Seoul and other regions.
In the midst of the prolonged economic recession, many loca...
