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Health ministry names new directors at Osong R&D Complex

The Ministry of Health and Welfare said Monday it has named Chung Jong-whan, director of the Korea Health Industry Development Institute, as new head of Medical Complex at Osung of North Chungcheong Province. Minis...

Prices of 22 drugs to be reduced until May

The Korean Pharmaceutical Association said Friday that health insurance prices of 22 medicines will be lowered until May. The prices of eight drugs and 14 drugs will be reduced in April and May, respectively, accor...

MSD to strength R&D in Korea

Merck& Co., a U.S.-based pharmaceutical company, plans to strengthen research and development (R&D) capability in Korea in cooperation with local research institutes to step up studies in the innovative drugs and vacc...

Use of wholesaler’s exclusive credit card is promoted at drugstores

A growing number of pharmacies in Pusan and Kyungnam Provinces have opted for wholesaler’s exclusive credit card to help wholesalers cut high plastic card commission fees. Currently, the general card fee charged to...

JW Pharma rolls out new intravenous iron preparation

JW Pharma said Thursday it has launched Ferinject Inj. (ferric carboxymaltose) that may offer convenient administration and permit high doses of iron to be given in a short period. The chemical characteristic of th...

23% of pharmacists complain of heavy work

24 percent of pharmacists at drug stores hold negative views on their work environments, although the majority still believe their working condition is all right, a survey showed Sunday. 39 percent said they are sa...

Hanmi’s Esomezole wins IR52 Jang Young Sil Award

Hanmi Pharmaceutical’s Esomezole (esomeprazole strontium) received IR52 Jang Young Sil Award for ecognition of its innovative technology. Esomezole is a proton pump inhibitor which reduces acid secretion through in...

Environment-friendly mosquito trap to be released

Eregreen says it will roll out M-TRAP, a non-toxic mosquito trap that lure and kill mosquitoes. Mosquitoes can perceive movement and objects that differ in color from the background from a distance of around 30 fee...

Wholesalers suffers low margin

Domestic pharmaceutical wholesalers have seen their thin margins unchanged in their dealings with multinational firms here and new financial cost system have negatively affected their bottom lines, according to market...

Yuhan signs license agreement for new hepatitis B treatment

Yuhan Corp. said Wednesday that the company has concluded an agreement with the U.S.-based Gilead Sciences Inc., under which Yuhan will have an exclusive right to market Viread (tenofovir disoproxil fumarate) for trea...

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