All Type of News
Multinational firms eye price hike of OTC products
Multinational drug manufacturers are considering a price hike of their popular OTC brands in Korea in order to make up for their profit, industry sources said.
From March, the market price of Wyeth’s Centrum is exp...
Trast patch wooing customers
SK’s Chemicals’ anti-arthritis patch "Trast" is yielding sizable results in boosting its brand awareness.
In a survey of 300 people in their 40s to 60s in Seoul conducted by Hanseung Marketing, Trast gained over 50...
New COPD drug wins backing of US FDA panel advisers
The U.S. Food and Drug Administration's Pulmonary-Allergy Drugs Advisory Committee (PADAC) on Feb. 24 voted 12 to 2 in favor of approving the New Drug Application (NDA) for Spain based Almirall’s aclidinium bromide, a...
Yoon Suk-geun, new head of Korea Pharmaceutical Manufacturers Association
The Korea Pharmaceutical Manufacturers Association, a leading pharmaceutical business lobby, said on February 23 it appointed Yoon Suk-geun, chairman of Ilsung Pharmaceutical Co., as its new head at the general meetin...
Prices of 100 drugs to be readjusted
The Health Insurance Review and Assessment Service said Thursday that the prices of 100 insurance-covered drugs will be increased upward.
The HIRA assesses the pricing opposition of 700 drugs from 92 pharmaceutical...
Drug side-effect monitoring center to be set up
The Korea Drug Safety Management Agency, which will be newly established in April, will effectively deal with the possible drug related accidents and contribute to reducing people’s health and medical bills.
In a l...
Government to push policy to slash drug prices
The Ministry of Health and Welfare expressed no change on its plan to slash the price of about half the drugs on the market by an average of 14 percent starting April.
In a compliment speech during the general meet...
Number of new KGSP wholesalers declines
With the strict warehouse area regulation, the number of new KGSP (Korea Good Selling Practice) wholesalers decreased rapidly last year, the Korea Pharmaceutical Wholesaler Association said yesterday.
According to ...
Yuhan generous with dividends; Boryung least
Yuhan Corp. is likely to be the most generous and Boryung Pharmaceutical the least in offering cash dividend rewards among the leading 15 KOSPI-listed pharmaceutical firms in 2011, Yakup.com said yesterday.
Cash di...
Activists to hold rally to condemn Novartis’s suit in India
Korean activists from 16 civic groups resolved to hold a symbolic rally in front of Novartis Korea building in Seoul, to protest against Novartis’s attempts to weaken Indian Patent Law that threatens to restrict acces...
