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Expired drugs headache for wholesalers
Local drug wholesalers have found it increasingly difficult to deal with expired medicines co-marketed by foreign and domestic drug firms.
Wholesalers say the problem has surfaced since the co-promotion of medicine...
Korea’s ethical market for outpatients in January tops 726 billion won
The domestic ethical market for outpatients in January accounted for 726 billion won, showing a 15.4-percent decrease over the same period of last year and reflecting the government-led price cuts of drugs last April,...
Korea’s ethical markets getting heated
Competition is about to heat up in the domestic ethical drug markets, as Gilead Sciences’ Viread (tenofovir), Boehringer Ingelheim’s Trajenta (linagliptin) and AstraZeneca’s Brilinta (tigagrelor) are expanding their s...
Deputy prime minister-nominee triggers concerns over service industry promotionWill Hyun Oh-seok, the nominee for the deputy prime minister in charge of economic affairs, push service industry promotion plan?
All eyes in the pharmaceutical camp are now ...
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Seoulin Bioscience forges strategic tie-up with Institut Pasteur Korea
SeouLin Bioscience, a Korean company specialized in wholesale trade of biotech products, said Monday that it has forged a strategic alliance with Institut Pasteur Korea (IPK) in an effort to supply IPK’s genome-wide s...
Lilly Korea launches Cialis 5 mg for 2-week once daily useLilly Korea said Monday it has launched a package program of Cialis 5 mg (tadalafil) for once daily use over two weeks to treat erectile dysfunction (ED).
When Cialis for onc...
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Green Cross’s Hunterase gets orphan drug designation from US FDA
Green Cross Corp. said Monday its new drug Hunterase has been recently designated as orphan drug by the U.S. Food and Drug Administration.
The company plans to file the New Drug Application (NDA) for Hunterase with...
Rep. Chin Young of Saenuri Party tapped to head Ministry of Health and WelfarePresident-elect Park Geun-hye yesterday completed the appointments of her cabinet by announcing the nominations of 11 ministers, including that of health and welfare.
The ann...
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Drug firms boosting R&D spending
Domestic pharmaceutical firms have been spending more on research and development (R&D) projects to strengthen their technology leadership, industry data showed recently.
According to the Korea Health Industry Deve...
President-elect urged to back pharmaceutical industry
Despite the government's plan to provide tax cut to research-oriented domestic pharmaceutical companies as part of follow-up measures to the free trade agreement (FTA) signed with the United States, experts suggest th...
