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Samjin to export clopidogrel bisulfate technology to Indonesia
Samjin Pharmaceutical said Monday it has signed a contract ro supply an Indonesian company with a technology that helps the manufacture of clopidogrel bisulfate, an antiplatelet agent used to inhibit blood clots in co...
Ocostec seeking to develop new RA drug
Oscotec Inc., bone specialized bioengineering company, said that it presented its experimental drug candidate for the treatment of rheumatoid arthritis (RA) in 2011 Annual Scientific meeting of the American College of...
Bae to head Handok Pharmaceutical R&D group
Bae Jin-kun, ex-head of research and development (R&D) in JW Pharmaceutical, was nominated Thursday as new R&D advisor of Handok Pharmaceutical.
Bae, 60, graduated from chemical department at Yonsei University serv...
7 drugmakers seeking to nullify administrative disposition
Claiming nullification on price cuts of 131 drugs, seven Korean drug firms has brought the Ministry of Health and Welfare to the Seoul court. The court will examine the case starting November 11.
The seven companie...
Calls mounting for sale of OTC drugs at supermarkets
The representatives of five economic organizations, including the Federation of Korean Industries (FKI), demanded yesterday the National Assembly pass a bill to revise the Pharmaceutical Affairs Law, designed to allow...
Wholesalers seeking to slash card fees
Credit card firms are coming under pressure to slash fees they charge pharmaceutical wholesalers as the government plans to slash the price of about half the drugs on the market by an average of 14 percent starting ne...
Number of reflux esophagitis rising
The number of people suffering from gastroesophagitis reflux has doubled over the last five years, the National Health Insurance Corp. said recently.
In 2006, 1.46 million people were treated for it but the number ...
GSK chief wins presidential award
Kim Jin-ho, head of GlaxoSmithKline, received the presidential award from the Ministry of Knowledge Economy at an ceremony for foreign enterprises Thursday, company officials said.
The award gives recognition to e...
Credit card firms urged to cut pharmacy fee
The Korean Pharmaceutical Association has argued that they have been shouldering losses due to the high fees when customers settle drug transactions with credit cards.
Pharmacy owners currently pay 2.5 percent to 2...
Domestic pharmaceutical firms eye price hike of OTC products
Korean drug firms are considering a price hike of their flagship over-the-counter (OTC) drugs as they are by concerned by the potentially significant impact of the government’s new drug pricing reform on the prices an...
