All Type of News
7 of 10 medicines approved this year was generic
7 of 10 medicines approved this year was reportedly a generic referencing an original drug.
5 pharmaceutical companies, such as Hutecs, Binex and Hankook Korus Pharm, were observed to acquire approval for more than 3...
6th Emergency Household Committee postponed to January with expectation for pharmacists to attend
The Emergency Household Medicine Committee which was scheduled this month was confirmed to be postponed to January.
This is because of the announced by the pharmacists’ society not to attend the meeting; the committe...
Kuhnil first reveals Phase III clinical trial for Omega-3 & Rosuvastatin combination drug
Kuhnil(CEO Young-Joong Kim) announced the Phase III clinical trial result for ‘Rosumega SC,’ a dyslipidemia combination drug, was published in the SCI-level international journal ‘Clinical Therapeutics’ on 6 December....
“The original-generic competition in the U.S. is our future”
“The competition between original drugs and generics in the U.S. drug market is one of the import issues the Korean pharmaceutical industry must pay attention.”
Marketing Director Ki-Hyun Ko(former pharmacist) at Ini...
Big pharma medical representatives’ careful behavior, creating less pushed-in products
Unlike the last year, pharmaceutical companies have acted differently in regards to ‘pushing products in.’
Medical representatives at pharmaceutical company had forced and pushed products in to distribution companies...
Large hospitals to issue prescriptions using smart phones next year
On the 12th, the Korea Internet & Security Agency(President Suk-Hwan Kim, KISA) signed the ‘memorandum of understanding(MOU) for adopting digitalized issuing service of paper prescriptions’ with Seoul National Univers...
Biotech industry led ‘Pharmaceutical Industry’ last year, accounting for 35% of total
Last year, the entire biotech industry size was increased closed to KRW 9 trillion while the biopharmaceutical field led the growth by dominating about 35% of the total KRW 4.4 trillion exports.
The Ministry of Trade...
Adopting convenient store into pharmacies, not the other way around
A new pharmacy model was suggested to adopt convenient store into pharmacies, not pharmacy to convenient stores.
Story Store(CEO Young-Do Shim) singed a business agreement with C.SPACE(CEO Eun-Yong Lee), a 24/7 conve...
MFDS approves new ‘Olumiant Tab,’ rheumatoid arthritis treatment
The Ministry of Food and Drug Safety announced the ministry approved the Lilly Korea’s 2 products including ‘Olumiant Tab 2mg(generic name: baricitinib)’ and ‘Olumiant Tab 4mg(generic name: baricitinib)’ as a rheumato...
MFDS, “We’ll repair the approval and assessment system for OTC drugs”
The MFDS will carry out a plan to improve the approval assessment system to promote development of OTC drugs with pharmaceutical companies.
It was told the Ministry of Food and Drug Safety(MFDS) was positively consid...