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KFDA unveils first study results of isopropylantipyrine

The Korea Food and Drug Administration (KFDA) Wednesday unveiled the first results of its ongoing investigation into the safety of isopropylantipyrine (IPA). No new safety concerns have been raised by a review of a...

Medication keeping fee for outpatients to be modified in clinics

From April 1, the medication keeping fee for outpatients is to be readjusted in clinics depending on 17 different days, according to the Health Insurance Review and Assessment Service. However, the HIRA said such f...

US FDA approves Korea’s oral anti-snoring spray

The U.S. Food and Drug Administration Monday approved an over-the counter oral anti-snoring spray called NoSno spray, following the approval of the Korea Food and Drug Administration. J&JC, a local trader that make...

Pharmaceutical firms’ promotion expenses down

The government’s drug price cuts of the past year had companies scramble to tighten their purse strings, according to a report released by Yakup.com, a pharmaceutical information company. The report said that Korea...

Sale of new drug for osteoporosis approved

A newly-developed drug for osteoporosis has received approval for production and sale from the health authorities. Layla tablets, developed by PMG Korea, has passed safety and effectiveness tests, becoming the seve...

KCTU protest drug firms’ restructuring plan

The Korea Confederation of Trade Unions (KCTU) denounced local drug makers Tuesday for their reconstructing plan, claiming pharmaceutical company should withdrawal their lawsuit action against the government. The K...

Zuellig Pharma Korea’s profits up in 2011

Zuellig Pharma Korea (ZPK) said its operating profit rose 14.86 percent to 39.1 billion won on-year last year. The net profit soared by 57.01 percent to 4.67 billion won. ZPK’s pain-in capital stands at 12 billion ...

75 drug wholesalers fared worse in 2011: data

75 domestic pharmacetucial wholesalers performed worse last year than in 2010, due mainly to a variety of negative factors, data showed recently. The Tax Union said the 75 drug wholesalers saw their revenue increas...

Drugmakers scurry to secure liquidity this year

A growing number of pharmaceutical companies remain vigilant and secure enough liquidity for unfavorable business conditions due to a variety of negative factor that may affect the local pharmaceutical industry. A ...

Drugmakers’ failed attempts to reduce promotional outlays

Local pharmaceutical companies have been making all-outs to cut their promotional expenditures as part of efforts to brace for effects of gov’t-imposed price cuts, but with no available. According to a report recen...

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