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Dongsung spend 54% of revenue on promotion in first quarter
Among the 45 pharmaceutical companies listed on the Korean Exchange, Dongsung Pharmaceutical turned out to be the biggest spender on promotion in the first quarter, according to data Yakup com., an information provide...
Prices of 664 drugs to be reduced from this July
The Ministry of Health, Welfare and Family Affairs said Wednesday that health insurance prices of 664 medicines will be reduced from July.
The health ministry has screened the economic effectiveness of 2,398 drugs ...
Leo Pharma eyes Korean pharmaceutical market
Leo Korea Pharma, a Korean unit of Leo Pharma, a global leader in dermatology and critical care, will initially market the company's psoriasis franchise (Xamiol) from July.
Xamiol gel (pronounced "zamiol"), contain...
Multinational firms to benefit from new drug reform
Most of foreign-invested drug firms are expected to increase their drug sales under the current system that has made doctors and pharmacists as well as pharmaceutical firms subject to punishment if they are found to h...
Dong-A, Daewoong increase market share
Dong-A Pharmaceutical and Daewoong Pharmaceutical have enjoyed the brisk sales of their flagship products, according to Yakup.com., an information provider.
Yakup.com said that Daewoong’s five products exceeded 10 ...
Pharmacists struggling to cope with growing call for sales of OTC drugs at convenient stores
In order to tackle the restricted access at nighttime and during holidays, the Korean Pharmaceutical Association has tried to introduce a new scheme, but such scheme has yet to be established due to vigorous oppositio...
Pfizer to expand portfolio of generic medicines in Korea
Pfizer Korea is considering marketing medicines that are no longer patent protected, under its Established Products Business Unit strategy.
To this end, the company received Friday the approval of gemcitabine 200 m...
Doctors challenge medical reform plan
The government’s plan to discourage patients with relatively minor illnesses from frequently visiting big medical institutes is facing a backlash from doctors.
The Korea Medical Association (KMA), an organization f...
More pharmacies to open at night
More pharmacies will be able to open at night to tackle the restricted access at nighttime, the Korean Pharmaceutical Association said Tuesday.
The association held a special meeting Tuesday to increase the number ...
OTC drugs may be purchased without inconvenience, survey says
According to a recent survey by a civil group, the majority of respondents said they have experienced no inconvenience in finding a pharmacy open at night or during holidays.
In the survey of medical providers at 2...
