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Shinpoong wins trademark lawsuit against Novartis Korea

Shinpoong Pharmaceutical has won the right to market a medication for hypertension in the trade name of Divaltan The company announced Wednesday that it secured the right to use such trademark on Korean market afte...

108 bioequivalence tests approved by KFDA in first half

The Korea Food and Drug Administration said Wednesday that it approved a total of 108 bioequivalence tests in the first half of this year, showing a decrease compared to 114 cases from a year earlier. By therapeuti...

Handok buys 20% share of Genexine

Handok Pharmaceutical Co. Wednesday purchased 19.72 percent in shares of Genexine, a Korean biopharmaceutical company. “Handok and Genexine already signed a memorandum of understanding in February to jointly develo...

Wholesaling business to be granted for franchise retailers

Thirteen non-prescription drugs will be sold at convenience stores and supermarkets from November. 15. To this end, the Ministry of Health and Welfare said recently it will allow large franchise retailers, such as ...

Competition heats up in domestic allergic rhinitis market

Competition in the local allergic rhinitis market is heating up because generic manufacturers are increasing efforts to occupy the runner-up slot by deploying aggressive marketing strategies. The domestic allergic ...

New reimbursement guideline for hepatitis B drug to be drafted

The government said Tuesday it will establish a new guideline for the reimbursement of hepatitis B drugs, such as Viread, Hepsera, Baraclude and Zeffix. Under the guideline, Viread can be reimbursed in patients wit...

SK Chemicals to conduct Phase 1 trial of flu vaccine

SK Chemicals said Tuesday that it will carry out Phase 1 clinical trial on its cell-culture based influenza vaccine in collaboration with the government. The Korea Food and Drug Administration has already given the...

Kwangdong’s Uhwang Cheongsimwon to be exported to Vietnamese market

Uhwang cheongsimwon, Korea’s traditional anxiolytic medicine, will be exported to Vietnam, according to Kwandong Pharmceutical. The company said that it signed an agreement with the Vietnamese government last month...

Domestic firms’ strategic alliance with multinational firms bring no benefits

A number of domestic pharmaceutical firms already established strategic alliances with multinational firms here, in a desperate efforts to boost sales to soften the hardest impacts caused by the govement-mandated cuts...

Guideline for OTC products unveiled

Those who intend to obtain a license for over-the-counter drugs are obliged to describe the dosage and administration and indication & effect in an easier and detailed manner. The Korea Drug Administration has rece...

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