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292 bioequivalence tests approved by KFDA in 2011

The Korea Food and Drug Administration said Monday it approved a total of 292 bioequivalence tests last year, down 25 percent from 388 bioequivalence tests in 2010 due to decrease in the number of re-examination or of...

CJ to heighten effort to boost pharmaceutical and biosimilar sectors

CJ Cheiljedang Corp., Korea's leading food manufacturer, has recently unveiled a set of plans to nurture its pharmaceutical and biosimilar sectors as one of CJ’s core businesses. “We will boost the sales of pharmac...

Green Cross’s Hunter syndrome treatment approved in Korea

Korea's leading vaccine manufacturer Green Cross Corp. has achieved a major success in its product development: The Korea Food and Drug Administration on Jan. 9 granted marketing approval for Hunterase

Korean companies in more frenzied strategic alliance trap

The world has been rapidly changing due to globalization. The concept of national boundaries has faded away and the world is headed toward unlimited competition. A strategic alliance is a new management strategy th...

Pharmaceutical shares being spotlighted on higher hope of new drugs

Pharmaceutical stocks are likely to get off to a strong start, buoyed by hopes on new drugs and expanded global business. The share prices of Ilyang Pharmaceutical rose to 60 percent on January 5 compared with its ...

25 healthcare providers to run in parliamentary elections

As of yesterday, a total of 25 healthcare providers registered with the National Election Commission as preliminary candidate registration for next year's general elections has begun from last December. The prelimi...

Reconstructing hitting salespersons

Korea’s pharmaceutical sector is opening a fresh round of restructuring, with major drug firms poising to push employees to opt for early retirement plans amid growing worries over the lackluster earnings outlook. ...

Ahn Eun-un to head Roche Diagnostics Korea

Roche Diagnostics Korea held an inauguration ceremony for a new president Ahn Eun-un, incumbent executive, on Thursday Ahn was named to replace Lee Hun-goo who will become an adviser for the company. Industry w...

Leading pharmaceutical firms poised to file suit against government’s price cuts

Major pharmaceutical firms vow to defy the measure designed to reduce insurance expenditures. As many as 100 local drug makers have renewed their determination to make a suit against the government’s massive drug p...

More healthcare coverage to be planned

The government will provide more healthcare coverage for people suffering from chronic illnesses to get a discount on their medical bills if they register at a neighborhood clinic instead of visiting general hospitals...

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