All Type of News
Bright prospect expected for drug makers in third quarter
Optimism is growing over the third quarter outlook for Korea’ leading pharmaceutical firms as they are pushing up with co-marketing strategies with multinational firms, according to a report by Shinhan Finance & Inves...
KFDA lists 95 patented drugs into green list
A total of 95 patented drugs were listed into its patent compendium (so called ‘green list’) over the past five months, corresponding to 19 items per month, according to the Korea Food and Drug Administration.
MSD ...
Generic Baraclude market seen to be overheated
The domestic pharmaceutical industry is struggling with the fallout of the American pharmaceutical firm Bristol Myers Squibb (BMS)’s setback in the domestic anti-hepatitis B drug market.
Nearly 40 kinds of Baraclu...
Health ministry sets aside 436.2 billion won for health and medical sector
The Ministry of Health and Welfare said Thursday that it will spend 436.2 billion won to support the nation's health and medical sector in 2013.
The ministry proposed next year's health and welfare budget bill of ...
Conflict at BMS Korea escalates over wage difference
BMS Korea's management and labor union have still far apart over the wage difference of employees.
The company said Thursday that it paid this month’s wage ducting the days of walkout per department.
However, un...
Nation may suffer shortage of doctors in 2020
Korea is likely to suffer a shortage of at least 33,000 doctors in 2020, according to a local professor, Thursday.
In a forum organized by the National Health Insurance Corporation, Jung Hyung-seon, professor of pu...
Dong-A breaks ground for new plant
Korea’s No.1 pharmaceutical company Dong-A Pharm broke ground on Thursday to produce biosimilars in Songdo, Incheon, marking the company’s first step toward fostering biosimilars as a new growth engine.
The ground-...
New drug logistics cooperative to start operation in October
The Korea Drug Logistics Cooperative (KDLC) will start its operation next month based on the wholesaling business license approved on September 26.
The KDLC consists of 70 small- and medium-sized drug wholesalers.
...
Pharmaceutical exports comprise of merely 8.8% on revenue
Data revealed by Yakup.com, a pharmaceutical information provider, show that most pharmaceutical firms are still concentrating on sales in already saturated domestic market in spite of falling revenue hit by governmen...
Handok terminates partnership with Sanofi-Aventis
Handok Pharmaceutical is ending its longstanding alliance with Japan’s Sony on their joint LCD venture, after both companies deciced to seek the independent management objectives for racking up their long-term growth....
