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Pharmaceutical companies stick to pharmacy sales
Although the Ministry of Health and Welfare announced Friday that it would allow 48 over-the-counter (OTC) medicines, including Bacchus-D drink, to be sold in supermarkets and convenience stores, as early as August, p...
Pharma wholesalers must evolve into service providers
Pharmaceutical wholesalers in Korea need to evolve to meet the rapidly changing pharmaceutical market amid the prosecutors’ recent probe against illegal rebate atcts, market watchers said.
So far, Korean pharmaceut...
Pharmacists group object to OTC products’ sale at supermarket
A pharmacists group called “Yakjonnmo” has recently run a series of advertisements in a local newspaper, denouncing the govement measures to allow supermarket sales of OTC drugs.
They have claimed in the advertisme...
36 KOSPI-listed pharmaceutical firms see market value drop
The combined market value of 36 pharmaceutical firms conglomerates listed on the main bourse has topped 9.99 trillion won as of June 30, Yakup.com said Friday. However, they saw their market value decrease by 777.4 bi...
Pharmacists call for new prescription plan
The Korean Pharmaceutical Association (KPA) run an advertisement in local major newspapers, Friday, demanding a new prescription plan, under which doctors will be required to prescribe the actual chemical agent instea...
MSD Korea, Daewoong sign co-promotion deal for Vytorin
MSD Korea and Daewoong Pharmaceuticals have recently entered into an agreement for the co-marketing of Vytorin for the treatment of high cholesterol in the domestic market following their strategic alliance of Foxamax...
Novartis Korea, Dongwha expand cooperation
Novartis Korea and Dongwha Pharmaceutical has recently agreed to further cooperation in over-the-counter (OTC) drugs field.
Both company signed an agreement to promote co-marketing of Novartis’s Lamisil, which had ...
Green Cross to boost flu vaccine output
Korean drug-maker Green Cross Corp. said Thursday that it will be able to increase production of a vaccine for Influenza A as about 1 million chicken eggs will be made available per month from a new poultry farm at HW...
Clashes lingers in reclassification of drugs
Pharmacists, doctors and officials representing civic groups will discuss the sale of non-prescription drugs at places other than pharmacies during a meeting of a subcommittee meeting of the Central Pharmaceutical Aff...
Janssen Korea to market Remicade
Starting in July 1, Janssen Korea will have a marketing right for Remicade as a high-stake fight between Merck and Johnson & Johnson over the rights to a pair of lucrative arthritis medicines - Remicade and Simponi - ...
