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SK, IVI sign MOU deal to develop typhoid vaccine
SK Chemicals announced Monday that it has signed a memorandum of understanding (MOU) with International Vaccine Institute to collaborate on typhoid vaccine development and supply.
The collaboration will focus on th...
Dongkook market medicine with mark ‘innovative drug firm’
Dongkook pharmaceutical said it has marketed Censia tablets (centella asiatica extract), having a mark of innovative drug firm certified by the Ministry of Health and Welfare in September.
Dongkook, one of the nati...
Samjin donate 8.3 billion won
Samjin Pharmaceutical said Monday it will donate 670,000 shares worth 8.3 billion won to its 600 employees.
The donation aims to enhance employees’ morale and welfare, since they are working in a harsh environment,...
Healthcare policies for presidential candidates
Park Geun-hye, the ruling Saenuri Party’s presidential candidate, said Saturday that if elected she would increase the health insurance coverage by 80 percent, an average of OCED countries.
The 60-year-old conserva...
Convenience stores ready to sell 13 OTC drugs on Nov. 15
Thirteen over-the-counter (OTC) drugs will be sold at convenience stores from this week in line with the revised Pharmaceutical Affairs Law.
The list was revealed by the Ministry of Health and Welfare in July afte...
Rising won has little effect on pharmaceutical sector
Companies focused on the domestic market, such as those in pharmaceutical and telecommunication sectors, remain largely unaffected by the changing exchange rate, industry sources said.
The sources added that pharma...
Health policy responses to the financial crisis in Europe
When confronted by an economic shock affecting the health sector in Europe, policymakers are struggling to maintain, decrease or increase current levels of public expenditure on health by adopting an alternative dispe...
Pharmacists protest against Janssen Korea’s unilateral notification of dishonored bill transfer
Janssen Korea has come under fire for its unilateral notification of dishonored bill transfer to pharmacies.
Representatives from the Seoul Pharmacists Association met with Janssen Korea Thursday, claiming the latt...
Number of Korean people suffering from diabetes to reach 6 million in 2050
The number of Korea’s population suffering from diabetes is expected to 5.91 million in 2050 as three out of 10 people have potential diabetic patients, the Korean Diabetes Association said Thursday.
The associatio...
M&A rumors jitter stock market
Spreading rumors of a merger and acquisition (M&A) by a multinational firm has recently sent the domestic stock market into a buying spree of small pharmaceutical firms’ shares.
Some small companies are known to fa...
