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Viagra dethroned as top spotPfizer’s Viagra has boasted the highest annual revenue in Korea’s competitive impotence market since its release in October 1999. But last year, Viagra gave up its top position ...
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Seoul city, practitioners at odds over safe pharmacy business plan
The Seoul Metropolitan Government said Tuesday that it will push ahead with a safe pharmacy business plan for a six-month test run as part of efforts to enhance public health and encourage people to quit smoking and p...
Lawmakers seek to ban use of PVC plastic tube
A group of lawmakers are moving to force the government to ban the use of polyvinyl chloride (PVC) plastic tubes in medical plastic bags.
The move was recently proposed by Rep. Ahn Hong-joon of the ruling Saenuri P...
Hanmi’s U.S. partner starts phase-2 trial for long-acting LAPS-GCSF in patients with breast cancer
Hanmi’s U.S. partner starts phase-2 trial for long-acting LAPS-GCSF in patients with breast cancer
Hanmi Pharmaceutical Co. said Tuesday that its U.S. partner Spectrum Pharmaceuticals has initiated a Phase-2 clinic...
New OTC treatment for venous insufficiency
Your arteries carry blood from your heart out to the rest of your body. Your veins carry blood back to the heart, and valves in the veins stop the blood from flowing back. When your veins have trouble sending blood fr...
FTC’s fines push Celltrion shares down
Korea’s leading biopharmaceutical company Celltrion Inc., an affiliated company of Celltrion Holdings, took a direct hit from growing concern after the antitrust regulator levied Celltrion Holdings fines of 270 millio...
Korea urged to nurture 5,635 nurses to boost its medical tourism
The Korea Health Industry Development Institute (KHIDI) predicted Tuesday that 5,635 more nurses will be necessary by 2020 to meet the nation’s drive to attract patients from overseas.
Data revealed by the KHIDI sh...
Lawmaker seeks to impose heavier punishment on kickbacks
A lawmaker is moving to force the government to step up its crackdown on the long-standing practice of offering and receiving kickbacks in the medical community.
The move was proposed by Rep. Oh Je-se of the main o...
Teva, Handok to launch joint venture in SeptemberA new joint venture between Israel-based Teva Pharmaceutical Industries and Handok Pharmaceutical is expected to commence activities in September, subject to receipt of applicab...
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Heavy reliance on domestic market makes Korean drugmakers vulnerable
Korean drug firms’ efforts to expand overseas shipments have failed, letting their dependence on domestic sales surge over the past years.
Recent data from Yakup.com, a pharmaceutical information provider, show tha...
