All Type of News
Kombiglyze XR gets green light from KFDA
The Korea Food and Drug Administration said Thursday it approved AstraZeneca and Bristol-Myers Squibb’s combo drug Kombiglyze XR (saxagliptin and metformin HCl extended-release), five months after initial approval of ...
Drugstore ‘Pandora’ to open in BusanMegamart, an affiliated company of Korea’s leading food maker Noshim, said yesterday it will open the third drugstore ‘Pandora.’ in Semeon Street in Busan from April 19, as Seme...
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Drug makers seek to boost OTC sales
To soften the impact from government-mandated cuts in drug prices, major Korean drug makers are finding other ways to gear up the sales of over-the-counter (OTC) drugs to stem predicted losses.
In the process, howe...
Can election results put new spin on OTC drug sales bill?
The ruling Saenuri Party managed to maintain its largest-party status in Wednesday’s National Assembly elections despite the main opposition Democratic United Party’s (DUP) sweeping victories in Seoul and Gyeonggi Pro...
Pharmaceutical camp get relieved over results of Wednesday’s general elections
The local pharmaceutical community is somewhat relieved as two female pharmacists won the parliamentary elections Wednesday, although several candidates only run in the elections.
The Unified Progressive Party (UPP...
KMPA in severe feud
The leadership of the Korea Pharmaceutical Manufacturers Association (KPMA) is facing a backlash as Korea’s leading pharmaceutical firms, the association’s former executive members, are still refusing to join in the n...
Doctors oppose new arbitration rules
Starting April 8, the nine-member board at the Korea Medical Dispute Mediation and Arbitration Agency (KMDMAA) is empowered to play a quasi-judicial role, with its mediation and arbitration legally binding.
Howeve...
Some drug makers urged to handle expiring goods
The Korea Pharmaceutical Wholesaler Association announced Tuesday a list of several pharmaceutical firms who have been uncooperative in dealing with the return of expiring drugs.
BMS Korea, BRN Science and Galderma...
Pharmacists lash out at 11 drugmakers’ uncooperative attitude over
Pharmacists denounced Monday 11 foreign and domestic drug firms for their failure to submit a confirmatory note of compensation over the government’s mandatory drug price cuts from April 1.
The Korean Pharmaceutica...
Low margin squeezes drug wholesalers
So far, domestic wholesalers have had to cope with a low margin hovering at 6 to 7 percent given by multinational firms, but concerns are growing over the similar demand of local drug firms on their margin.
If this...
