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Handok, Genexine joins forces in novel human growth hormone

Handok Pharmaceutical and Genexine, a drug development biotech, have agreed to join hands to develop Generxine’s next-generation human growth hormone. Under the deal, both companies will make efforts to commerciali...

Bill submitted to scrap upper limit for user contribution

An opposition party lawmaker has submitted a revision bill seeking to scrap the regulation on the upper limit for user contribution in national health insurance, differentiating the amount by breaking up three differe...

CTC Bio set eyes on emerging markets

CTC Bio Inc. is going all-out to make inroads into foreign countries to boost the sales of its anti-impotence drug ‘Please pills’ (sildenafil) in oral film. The company said Monday that it inked an agreement with f...

Health insurance reform plan to be made public

The National Health Insurance Corp. (NHIC) said Monday that it will soon announce a set of measures, through a 6-month study on the current insurance premiums and patients' doctor fees, to ensure its financial stabili...

H2Holdings, Lubo sign MOU for artificial liver

H2Holdings, formerly Hepahope Korea, Monday signed a memorandum of understanding (MOU) with Lubo Industrial Inc., a local supplier for automobile machinery parts, to collaborate on the commercialization of a bio-artif...

Innovative pharmaceutical firms want logo

The Ministry of Health and Welfare announced on June 18 a list of 43 innovative pharmaceutical firms to nurture the selected firms into either of three kinds ― global major pharmaceuticals with more than $10 billion a...

Controversy mounting over pharmaceutical assistant

The recent poster backing the role of a pharmaceutical assistant has triggered heated controversy in the pharmaceutical circle. The dispensing department at Gyeongsang National University Hospital published a paper...

Pharmacist given suspended term for lending his license

A pharmacist received a suspended jail sentence of 6 months for two years for lending his license to unlicensed people who run pharmacies in Hwasung City, Gyunggi Province, from December 2010 to March 2012. The 63-...

Assembly’s Health and Welfare Committee to initiate parliamentary operation

As the 19th National Assembly opened its first plenary session Monday from this week, the Health and Welfare Committee completed the designation of three screening sub-committees on law enactment, national budget and ...

Korean drug makers shy of M&A

Companies could benefit from mergers and acquisitions (M&As) in the changing business environment of the 21st century, but Korean drug firms are still showing a negative attitude towards M&As due to little synergistic...

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