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Government to set up arbitration committee for medical dispute
The government said it will establish a committee which will have an authority to verify faults in medical accidents to help settle disputes under a law passed by the National Assembly on Friday.
The Ministry of He...
Pharmaceutical export is unlikely to respond to Japanese earthquake
Korea will not benefit from Japan’s earthquake, while shares of domestic drugmakers such as CJ Cheil Jedang and Jeil Pharmaceutical are forecast to see gains, as growing demand for vaccines and antibiotics are expecte...
Ilyang to operate flu vaccine plant
Ilyang Pharmaceutical Co. says it will complete its vaccine plant for influenza with an annual egg-based production capacity of 60 million doses of flu vaccine in Jecheon, North Chungcheong on April 11, one year after...
Fiercer generic battle to be seen
With many global makers' blockbuster products coming off patent until 2014, the race for the generic drug market is set to be in full force in the years to come.
The original brands to expire in the first half of t...
Dong-A crowned with top prescription drug company
Dong-A Pharmaceutical posted the highest revenue in Korea’s prescription drug market last year, with 471.6 billion won in terms of EDI claims, according to the Health Insurance Review and Assessment Service.
Thanks...
Price of Glivec reduced by 3.6%
Health Insurance Review and Assessment Service said Monday the price of Glivec 100 mg was lowed up to 3.6 percent, to 22,214 won from 23,044 won last year.
For the assessment and cutbacks of the drug prices the dru...
Handok, Fresenius Kabi to join forces in oncology field
Handok Pharm said Friday it has signed an exclusive distribution agreement with Fresenius Kabi Korea to sell the latter’s four oncology products, including irinotecan and oxaliplatin, here in Korea.
Under the agree...
Behind-the-counter drugs
A local professor supports the establishment of a class of drugs that would allow consumers, with the intervention of a pharmacist, to purchase certain medications without prescription.
In a seminar held on Friday,...
National Assembly passes bill to promote pharmaceutical industry
The National Assembly Thursday passed a bill aimed at nurturing the domestic pharmaceutical industry.
The approved bill is expected to provide tax breaks and other incentives to make local pharmaceutical firms more...
Minimum space of warehouse is necessary for eligible wholesaler
A bill, which was passed through the National Assembly Thursday, would require a pharmaceutical wholesaler to be equipped with a suitable space of warehouse up to 264 square meters.
Under the bill, the existing who...
