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Samil-Allergan under fire over steroid eye drop
Samil-Allergan has been criticized for shady collusion with some drugstores for its Forus (antiseptics with steroids) eye drop.
The company said Tuesday it has already informed doctors that Forus should not be pres...
Strong results seen for combination hypertensive drugs in March
Ubist said recently that combination hypertensive medicines showed strong performances last month on rising demand.
Sales of Novartis’s Exforge (amlodipine plus valsartan) rose 19.7 percent to 5.9 billion won in Ma...
Korean doctor to lead IFAPP
The International Federation of Association of Pharmaceutical Physicians (IFAPP) said Sunday it has appointed Lee Il-seob, incumbent vice president of GlaxoSmithKline’s Korean unit, as its new chairman, effective Jan....
Multinational firms’ sell 5 trillion worth pharmaceuticals in 2010
Korea’s multinational drug manufacturers saw their sales rise 8 percent on-year in 2010 thanks to an increase in domestic demand, a report showed recently.
The total sales of 31 foreign-invested pharmaceutical firm...
Pharmaceutical firms unlikely to benefit from OTC sales in supermarkets
With mounting outcry of the civic groups which have demanded the health ministry allow the sale of OTC drugs at convenience stores, the government is expected to announce its plan to upgrade the local service market, ...
Market share of domestic companies dips in March
Over the years, Korean firms have had to give up the home market to powerful global companies coming in with good medicine and better marketing strategies.
To make matters worse, the performance of Korean pharmaceu...
Move to readjust health insurance coverage provokes protest
The government's move to revise health insurance coverage over diabetes has provoked criticism from doctors.
Under the health ministry’s plan, metroformin monotherapy may be eligible to diabetic patients showing hi...
KFDA approves once a day dose of Sprycel
The Korea Food and Drug Administration has recently granted once a day dose of Bristol-Myers Squibb (BMS)’s Sprycel (dasatinib) 100 mg in addition to Sprycel 50 mg (twice a day).
“Many patients who were resistant o...
Health minister hints OTC may be sold at supermarket
Over the counter drugs, such as digestive pills that don't need a doctor's prescription, could be sold at supermarkets in the near future, and people without a pharmacist's license may also be allowed to run pharmacie...
Government urged to encourage generic production
Korea needs to encourage pharmaceutical producers to come up with ways to offer effective drugs at cheaper prices, the Health Insurance Review and Assessment Service said Friday.
In a forum, HIRA officials said the...
