All Type of News
Otsuka Korea indicted over drug rebate
The Supreme Prosecutors’ Office indicted some executives of Otsuka Korea, Monday, who were found to engage in illegal compensation to doctors that used or prescribed their products.
“Otsuka Korea provided rebates i...
Dong-A’s petition against drug price cut to be ruled next month
A local administrative court will make its ruling over a lawsuit against the Health Ministry to nullify the government's decision to cut Dong-A’s and Chong Kun Dang Pharmaceutical’s drug prices on November 17 and 18, ...
Building lots of Gimpo logistics complex goes on sale
Korea Water Resources Corp. (K-water), a government-funded enterprise, says it has sold building lots located at Gimpo logistics complex and Incheon International Airport at cheaper prices.
The Korea Pharmaceutical...
Health ministry under siege
The Ministry of Health and Welfare — under fire for its decision to push up with its “senseless drug related policies” aiming to stabilize the national health insurance scheme, is moving to find a way to appeal the re...
Controversy remains over ‘pay for delay’
A tactic used in some drug patent settlement cases is creating renewed controversy concerning so-called “pay for delay.”
The criticism is targeted at agreements in which a large pharmaceutical company pays a compet...
GSK denies reverse payment
GlaxoSmithKline has been fined for colluding with Dong-A Pharmaceutical to hinder the generic sale of its anti-emetic Zofran for the past 12 years, antitrust authorities said Sunday.
It is the first time that a mu...
Restructuring to sweep wholesaling industry
The government’s decision to cut domestic drug prices by an average of 17 percent from next year will also make it harder for drug wholesalers to do business.
Analysts expect a large number of mergers and acquisiti...
Pharmaceutical sector to face restructuring in employment
The pharmaceutical industry is expected to undergo a serious downsizing next year as the government plans to defoam drug prices.
The Korea Pharmaceutical Manufacturers Association (KPMA) predicted that the governme...
Korean impotence drugs warming up
The domestic market of erectile dysfunction drugs is again gaining momentum with JW Pharmaceutical who sees opportunities in the field where competitors have been struggling.
JW Pharmaceutical rolled out its homeg...
Prosecutor’s forcible practice blamed for doctor’s suicide
The National Union of Korean Medical Doctors said Friday that improper probe by the prosecutor led to a doctor’s suicide.
The doctor, identified only as Kim, was found dead in his clinic, Thursday, according to the...
