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Another medical group to restrain KMA

The National Union of Korean Medical Doctors will continue to maintain its check and balance with the Korean Medical Association. The union held its second general meeting on April 28, advocating it will become a p...

Daewoong selected as one of world-class companies

The ministry of Knowledge Economy announced Monday that Daewoong Pharmaceutical Co. has been additionally designated as one of the nation’s 300 world-class small- and medium-sized companies. Last year, the ministry...

Government to back Bukwang’s anticancer drug development

Bukwang Pharmaceutical Co. said Friday that its apatinib mesylate, an investigational cancer drug currently undergoing clinical trials, will receive the government support as part of a government program to cultivate ...

Dongwha’s Yoon unlikely to accept KPMA presidency

Yoon Do-joon, chairman of Dongwha Pharmaceutical Co., expressed his unwillingness to accept the next presidency of the Korea Pharmaceutical Association as Yoon Suk-geun, the incumbent KPMA president offered to resign ...

Sour times for drug makers

Korea’s pharmaceutical companies are feeling another pain under government pressure to refrain from raising OTC (over-the-counter) prices despite soaring oil prices, industry sources said yesterday. The price of p...

Generic Baraclude developers queue up, but may have to wait

As the patent for Bristol-Myers Squibb (BMS)’s Baraclude (entecavir) is to expires in 2015, Korean pharmaceutical companies are gearing up to push generics into the market. According to the Korea Food and Drug Admi...

Drug Logistics Cooperative changes name to KDDC

The Drug Logistics Cooperative said Monday it changed its name to the Korea Drug Distribution Cooperative (KDDC) on April 16 as the cooperative related duties business have been assigned to the Korea Federation of Sma...

Will health insurance pay for Sorilis?

Will patients with PNH (paroxysmal nocturnal hemoglobinuria) be able to get cheaper and better drugs this year? Now all eyes are on the Ministry for Health, Welfare and Family Affair committee's decision on the price ...

Assembly to reconvene plenary session

The National Assembly’s Legislation and Judiciary Committee, the last stop before a floor vote, adjourned Thursday, but the plenary session will convene early next week as Saenuri Party and the main opposition Democra...

Listed pharmaceutical firms to enjoy better capital ratio

The average equity-to-asset ratio of 55 drug firms listed on Seoul bourse stood at 61 percent, showing better financial structure, according to a report revealed by Yakup.com, a pharmaceutical information company, on ...

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