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Noh to head medical body
Kyung Man-ho, head of the National Union of Korean Medical Doctors, was elected president of the Korean Medical Association on March 25, the KMA said Sunday.
Kyung, who pledged a medical reform for practitioners a...
Government urged to introduce first generic incentive system
The Korean government needs to consider the introduction of the first generic support system prevailing in the U.S., according to an official of the Korean Intellectual Property Office.
In a seminar on Mar. 23, a K...
Hanmi Holdings changes name to Hanmi Science
The Hanmi Holding will change its name to the Hanmi Science to reflect its expanded role, its head said at its board of directors' meeting Friday.
“We will change our name to Hanmi Science to create new values by ...
32 firms’ operating profits fall in 2011
Korea's 32 drug firms posting more than 100 billion won in annual sales saw their operating profits decline in 2011 due to sluggish sales that might be affected by the government’s aggressive policy to eliminate the p...
Pharmaceutical firms’ entertainment expenses top 45 billion won in 2011
The dented marketing activities due to the government’s crackdown on illegal rebates last year had pharmaceutical companies scramble to tighten their purse strings, but they perhaps considered entertainment expenses a...
One trillion won fund to be set up for drug companies
Korea has unveiled an ambitious vision to foster global pharmaceutical firms through the creation of a large-scale research and development (R&D) fund in an era of the Korea-U.S. free trade deal.
The Ministry of St...
Authorities announce measures to bring down TB prevalence
As of 2011, 39,567 new tuberculosis patients are reported every year and that figure is equivalent to 80.7 of every 100,000 people suffering from the disease, according to the Korean Center for Disease Control and Pre...
Shinpoong will open cephalosporin plant at Osung complex
Shinpoong Pharmaceutical Co. will complete its EU-GMP plant next month for production of cephalosporin antibiotics in the form of bulks and finished products at Osung complex to make inroads to the European market to ...
4 companies filed suit against government
Today, the Seoul Administrative Court will examine a suit filed by Ilsung Pharmaceutical, Erikson Pharmceugical, Dalim Biotech and KMS Pharma against the Health and Welfare Minister in an effort to suspend the imprope...
158 doctors, 180 pharmacists caught in rebate crackdown
More than 150 doctors and 180 pharmacists were found to have received rebates of nearly 550 million won from a pharmaceutical firm, the government investigation team said Wednesday.
The team, led by the Seoul Centr...