All Type of News
Future of KPMA’ biopharmaceutical department
As the head of biopharmaceutical department in the Korea Pharmaceutical Manufacturers Association is going to resign in September, all eyes are on the association’s decision on whether it will push forward with the de...
Medical safety net fund bill proposed
A ruling party lawmaker has submitted a bill calling for setting up a new medical safety net fund to support the population who are living under or near the absolute poverty line, including flood victims.
Rep. Shin...
Contents of tar pigment specified in oral drugs
Drug manufacturers are obliged to express the contents of tar pigment in the composition of raw materials if the amount of not less than 0.1 percent is used, the Korea Food and Drug Administration said Wednesday.
U...
Small drugmakers plunging into deeper slump
Korea’s small and medium-sized posted sharp declines in their second-quarter operating profits, adding further anxiety to their already troubled financial health.
Analysts said sluggish demand for generic drugs an...
Pharmaceutical firms see their cash reserves shrinking
A growing number of pharmaceutical manufacturing firms in Korea are struggling to stabilize their cash flow in the midst of falling operating profits due to massive cut prices earlier this year, data show Wednesday.
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Pharmaceutical business lobby groups look to scrap drug pricing plan
The heads of Korea’s six pharmaceutical organizations, including the Korea Pharmaceutical Manufacturer Association and the Korea Research based Pharmaceutical Industry Association, agreed that the government should sc...
Takeda completes Nycomed Korea acquisition
Takeda Korea has completed its acquisition of Nycomed with a company name “Takeda Korea Pharmaceutical Co.,” it was learned on Monday.
Takeda Korea said the incorporation would bring enhanced revenue, growth and di...
Government to get tougher on smoking
The Health Ministry announced Wednesday that it will push forward a long-stalled legislation of the bill on September 10 to pave the way for an advanced smoking culture in our society.
Under the unveiled draft, new...
Dong-A to build 100 billion won biosimilar plant in Songdo
Korea’s large pharmaceutical company Dong-A Pharmaceutical reaffirmed its intention to advance into the biosimilar market, the company said in regulatory filing on Tuesday .
Biosimilars refer to subsequent versions...
Government okays new TF team to protect local drug makers
The Ministry of Public Administration of Security endorsed a plan on Tuesday to create a new patent-linkage task force team under the wing of the country’s drug regulator as part of efforts to bolster the local pharma...
