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61% of clinics to take Saturdays off

The Korean Medical Association (KMA) said last Saturday that 12,766 clinics, 61.2 percent of total 20,867 clinics nationwide, would participate in the second movement for reduced working hours. The KMA is embarking...

Yuhan to become largest shareholder in Theragen Etex

Theragen Etex, a Korean research and development company looking at biologics and small molecules, said Monday that Yuhan Corp. will become the largest shareholder as it holds a 9.18 percent stake. Last August, The...

LG launches home-grown diabetes treatment

LG Life Sciences (LGLS) said Monday that it has launched Gemiglo (gemigliptin) here, which is effective on type-2 diabetes patients, who have a high blood sugar level though their insulin secretion is working. Gemi...

Small wholesalers blast Zuellig Pharma Korea’s sales policy

Local small drug wholesalers attacked Zuellig Pharma Korea (ZPK) with fierce criticism after the company asked for 120 percent collateral from wholesalers who want to make a direct deal with ZPK. To make matters wo...

Daewoong’s online shopping mall to repel entry of other drugs

Daewoong Pharm will withdraw the entry of three companies’ medicines on its online shopping site ‘The Shop.’ The three companies are Alico Pharm, Dongkoo Pharm and Uridool Pharm. In its recent meeting with the K...

Boryung, Dongwha sign deal to sell antihypertensive drug

Boryung Pharm said Thursday it established a strategic partnership with Dongwha Pharm to sell the new combination form of an antihypertensive drug (fimasartan plus diuretic) in Korea and overseas. Boryung completed...

Health insurance to cover 159 drugs

The Ministry of Health and Welfare announced Thursday that a total of 159 drugs including Gilead Sciences’ Viread (tenofovir disoproxil fumarate) will be newly covered by national health insurance from December 1. ...

Innocell completes Phase 3 trial on Immuncell-LC

Innocell, a local biopharmaceutical company, said Thursday that it has completed its Phase 3 clinical trial on Immuncell-LC, which is an activated T-lympho therapy drug that uses the patient's own lymphocytes for the ...

Doctors, pharmacists stand poles apart

Without a doubt, the tension between doctors and pharmacists is culminating as doctors are vehemently opposing the government’s plans to introduce a new prescription plan, under which doctors will be required to presc...

KFDA holds information session on foreign inspection of clinical trials in Korea

The Korea Food and Drug Administration (KFDA) on Wednesday held its information session at the Korea Pharmaceutical Manufacturers Association, in a bid to help local drug makers cope with the inspection by the U.S. Fo...

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