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Labor dispute looms large at Abbott Korea

Abbott Korea and unionists are on a collision course over collective negotiation rights. On March 13, the Abbott union held a rally in front of Abbott headquarters to protest the company’s rejection over the labor’...

KPA seeking to settle pricing difference issue

The Korean Pharmaceutical Association plans to deal with the price differences of pharmaceuticals within April as the prices of 6,506 drugs given on the National Health Insurance scheme will fall by 14 percent on aver...

New generic medicines campaign

Ikoma City in Japan has launches its generics pharmacy certification campaign which aims to encourage customers to choose a generic medicine from last month. These pharmacies promoting the use of generics will atta...

Drug makers keen on selection of innovative pharmaceutical firms

Aside from their legal action against the government’s plan to slash drug prices in April, all eyes in the domestic pharmaceutical industry are on the Ministry for Health, Welfare and Family Affair's decision on the d...

Korea’s pharmaceutical advertising market likely to expand this year

The domestic pharmaceutical and medical advertising market is expected to grow this year as drug firms are willing to make up for the significant losses to be affected by the government’s imminent plan to slash insura...

C&C Research Laboratories to develop 3 new drugs

C&C Research Laboratories said Monday it will develop anti-gout drug (UR-1102), anticancer drug and anti-inflammatory agent. C&C Research Laboratories was established in 1992 for the purpose of drug discovery on th...

Kim Dae-kyung applies for proportional representation

Kim Dae-kyung, dean of pharmacy school of ChungAng University, filed his application for proportional representation in Saenuri Party for the April 11 general elections, a Saenuri Party official said on Monday. Acc...

Kim So-hee named marketing director of Gilead Science Korea

Kim So-hee has been named marketing director of Gilead Science Korea, the company said Monday. A graduate of Sookmyung Women’s University, she worked for MSD Korea in 1997 and served as marketing head of BMS Korea ...

Government to select 56 innovative drugmakers

The Ministry of Health and Welfare on Sunday announced it plans to enact a bill to legislate the government’s plan to designate “innovative pharmaceutical firms” that post more than 100 billion won in sales and invest...

Government sets possible R&D spending criteria

The Ministry of Health and Welfare has unveiled an ambitious vision to foster global pharmaceutical firms by providing a total of 146 billion won in subsidies to “innovative pharmaceutical firms” that post more than 1...

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