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KFDA approves 11 natural drugs in first half
The Korea Food and Drug Administration announced Tuesday that licenses for new natural medicines totaled 11 in the first half of the year.
Of the licenses, the number of finished products accounted for 6, oriental ...
Civic group to bring fight to Constitutional Court
A civic group has recently threatened to file a petition with the Constitutional Court, if the government pushes up with a plan to re-categorize birth control pills into prescription drug.
Under the changed regulat...
LG to supply meningitis vaccine to China
LG Life Sciences Ltd. (LGLS) said Monday that it has signed a contract with Tianjin Pharmaceutical Group Corporation for export of its meningitis vaccine Euhib as a finished form.
Under the deal, both companies wil...
Bill proposed for promoting DUR program of OTC drugs at pharmacy
A lawmaker submitted a bill to the National Assembly last month to promote the Drug Utilization Review (DUR) program.
The bill calls for expanding the DUR system to pharmacies selling over-the-counter drugs.
Que...
Parties designate Health and Welfare committee members
The main parties Monday completed the designation of 21 parliamentary standing committee members as the 19th National Assembly is set to open its first plenary session from July 5 to August 3.
Rep. Oh Jae-sae of th...
Tasigna vs. Sprycel
Now that Novartis’s Tasigna (nilotinib), another leukemia drug, is now under Korea’s health insurance coverage from July 1 for the treatment of first-line chronic myeloid leukemia, the race has officially begun for tw...
Hanmi holds third symposium for Amosartan
Hanmi Pharmaceutical Co. said that it has successfully completed its nationwide symposium for Amosartan, hypertension combination drug combination drug of amlodipine camsylate and losartan potassium, between May 22 an...
Neodin builds up-dated lab automation system
Neodin Medical Institute (NMI), a local laboratory test service provider for clinics, hospitals and research centers nationwide, announced Monday that it has signed a contract with Roche Diagnostics Korea to build its...
KFDA to back local drug makers in Korea-China FTA era
Korea and China wrapped up their second round of free trade agreement (FTA) negotiations on Jeju Island Thursday, with the next round scheduled to take place in August in China.
During the three-day talks, the two...
Drug makers seek allies to brace for gov’t price cuts
To prepare for government-mandated cuts in drug prices in April, more and more local drug makers are teaming up with bioventure firms and universities for joint tech development. For pharmaceutical companies that lack...
