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Hanmi shakes off two difficult issues
Hanmi Pharmaceutical overcame two baffling issues the company has faced in New Year – vote for Dong-A Pharmaceutical spin-off plan and recent agreement with local wholesalers over online drug shopping mall.
Hanmi d...
Reorganization plan of KFDA gets mixed responses
The new Cheong Wa Dae under President-elect Park Geun-hye aims to become smaller and more efficient with the staff’s roles realigned and integrated. But many of the new posts have the risk of overlapping in their role...
Duplicate prescriptions top 3.9 million cases in 2011
Doctors issued 3.9 million cases of duplicate prescriptions to treat the same disease for over four days in 2011, raising public concern over drug abuse, the Health Insurance Review and Assessment Service (HIRA) said ...
Hanmi, wholesalers agree to co-existence
Hanmi Pharmaceutical and local wholesalers agreed Friday to work in a timely fashion over Hanmi’s online drug shopping mall and prevent it from becoming a thorn in both sides.
The stance emerged from a meeting bet...
Drug makers seeking new growth engines
Leading pharmaceutical companies here are scrambling to find new growth engines against a deteriorating business environment in the aftermath of the government’s forced price cut for drugs and other medical products c...
Adverse drug event reporting system to be streamlined
The Korea Food and Drug Administration (KFDA) said last Friday that all of adverse drug events (ADEs), including the ones reported during the drug re-examination period, will be solely handled by the Korea Institute o...
Shinpoong to produce cephalosporin antibiotics
Shinpoong Pharmaceutical Co. said it has obtained a KGMP (Korean Good Manufacturing Practice) approval on its fourth plant.
The factory, which was built at Osung Industrial Complex, North Chungcheong Province after...
SK Chemicals targets 3 trillion won in sales by 2015
SK Chemicals Co., a Korean a Korean pharmaceutical and chemicals manufacturer, has set its sights on 3 trillion won in sales by 2015.
The company said that it will seek to reach a record 2 trillion won in sales in ...
Quality of generic drugs encouraged
The Korea Food and Drug Administration (KFDA) said Thursday it will make all-out efforts to improve the quality of generic drugs as part of efforts to ensure better financial stability in national health insurance.
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Doctors oppose mandatory generic substitution plan
Doctors and pharmacists have clashed over a mandatory generic substitution plan, under which under which pharmacists may be able to make generic substitution under the doctor’s consent.
The government said that peo...