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Dongkook wins patent for sustained-release leuprorelin preparation

Dongkook Pharmaceutical Co. says it has acquired a Korean patent for sustained-release leuprorelin preparation using a biodegradable polymer. The patent technology is characterized by releasing in the body leuprore...

HanAll to complete Phase II study for Hanferon in U.S. by next February

HanAll BioPharma plans to complete Phase II clinical trial for its biosimilar product Hanferon (interferon alpha; HL-143) in the U.S. during February 2012, as the drug has been successfully administered to all patient...

Daehwa receives U.S. PTO notice of allowance for oral paclitaxel

Daehwa said Wednesday that its patent application entitled “Solubilizing composition for paclitaxel and its manufacturing method” has received notice of allowance from the U.S. Patent and Trademark Office. Paclitax...

Korean drug makers witness average 14 percent in sales in 10 years

The Korean pharmaceutical industry has seen its sales rise 14 percent over the past ten years without undergoing any ups and downs, the Ministry of Health and Welfare said Tuesday. In a local symposium held on Tues...

Government urged not to press local pharmaceutical industry

There are pros and cons over the recent remarks made by the health ministry official Ryu Yang-ji in a local symposium on Tuesday. Rhu said that the local pharmaceutical industry has seen its sales rise 14 percent o...

Bill proposed for promoting prescription refill system

A governing party lawmaker has submitted a revision bill seeking to allow the re-use of a prescription . “I have proposed the bill to permit patients with chronic disease to re-use their prescription only one time ...

Wholesaling market to be hit by product restructuring

Pharmaceutical industry experts say that Korean drug firms has turned more pessimistic about their business outlook, adding the introduction of product restructuring program is a preemptive step to better deal with an...

Vita 500 sales grow 6% in third quarter

The third-quarter sales of Vita 500 energy drink jumped six percent compared with 60 billion won from a year earlier on retailers’ aggressive expansion and boosted marketing, Kangdong Pharmaceutical said Tuesday. A...

Pharmaceutical industry likely to undergo transition

The local pharmaceutical industry will likely to undergo a major transformation as the government plans to slash the price of about half the drugs on the market by an average of 14 percent starting next April may resh...

KPMA plans mass-scale rally this month

The Korea Pharmaceutical Manufacturers Association (KPMA) plans to hold a large-scale rally on and about November 20 to step up their protests over the government’s drug price cuts. It said the rally is aimed at de...

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