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SK unveils Mvix-S oral disintegrating film 50 mg
SK Chemicals Life Sciences said today it launched a new fast dissolving oral strip of Mvix-S 50 mg (mirodenafil) because it is convenient to administer and easily portable during trip.
According the company, the or...
Restructuring program to sweep pharmaceutical industry
Several Korean drug companies plan to carry out a mass-scale restructuring program to cut the size of its manpower amid mounting uncertainty due to the government’s pressure to cut drug prices, the Federation of Korea...
Drug makers to face crackdown on rebates
It has long been a tough challenge for health authorities to break corrupt ties between drug makers, doctors and pharmacists.
Seemingly, however, the crackdown on illegal rebate activities in the drug industry has ...
Government urged to devise post-KORUS FTA steps
The government needs to assess the damage that its free trade deal with the U.S. would cause in pharmaceutical sector in the future and map out proper countermeasures, industry official said.
The ruling Grand natio...
Pharmaceutical firms in dilemma over product restructuring
A majority of local drug makers are in dilemma over the plan to sort out unprofitable products ahead of the government’s large drug price cuts starting next April.
According to industry officials, total 20 percent ...
Constitutional Court to review financial integration of health insurance
A hearing over the financial integration of the national health insurance will be held Thursday at the Constitutional Court for a review on a petition by the Korean Medical Association.
In June 2009, the KMA asked ...
Health ministry to re-examine costs of imaging equipment
The Ministry of Health and Welfare asked the Korean Hospital Association and the Korean Society of Radiology to submit basic data of imaging equipment to re-evaluate the number of testing machines in the country, incl...
Boryung sells 160 million packs of Gelfos
Boryung Pharmaceutical said its Gelfos (aluminum phosphate) exceeded 160 million packs in the domestic antacid market over the past 36 years, amounting to 1.2 trillion won.
Gelfos, which stands for gel and force, i...
Pharmaceutical industry in transition
The local pharmaceutical industry is undergoing a major transformation ahead with the new Korea-U.S. Free Trade Agreement poised to strengthen patent rights for U.S. drug giants coupled with the government’s drug pric...
New cooperative’s sales will likely shoot up to 1 trillion won
The organizer of a newly established Korea Logistics Business Cooperative for Small- and Medium-sized Wholesalers said that the cooperative’s combined sales are expected to reach 1.3 trillion won.
A total of 54 who...
