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1 pharmacy for approximately 2,300 people in Korea

Among the 18 Korean cities and provinces, regional areas with the highest drug accessibility were reportedly Seoul, Daegu, Daejeon and Jeonbuk. Yakup Shinmoon(www.yakup.com) analyzed population and the number of phar...

Dong Wha Pharm’s first step to enter global market

Dong Wha Pharm, the oldest Korean pharmaceutical company with 121 years of history, have been active in expanding its new drug business to other countries, strengthen its open innovation profile and starting more new ...

Upper for Lipiodol decided at KRW 190 thousand with obligation of stable supply

Lipiodol, which has recently been suspended in supply, has come to the final decision at the Health Insurance Policy Deliberation Committee after the drug price negotiation with the National Health Insurance Service(N...

Celltrion acquires Australian approval of trastuzumab biosimilar ‘Herzuma’

Celltrion recently announced they acquired sales approval of therapeutic antibody biosimilar for breast cancer and stomach cancer ‘Herzuma(generic name: trastuzumab)’ from the Australian Therapeutic Goods Administrati...

What are major issues for the 2nd year half in Korean drug market?

Korea must be careful regarding exporting pharmaceutical products this year due to various aspects such as nullification of the Ecuadorian drug agreement and Indonesian ‘Protectionism.’ The KOTRA(Korea Trade-Investme...

Daewoong Pharmaceutical extends business in Vietnam in cooperation with Top 2 Vietnamese pharma ‘Traphaco’

Daewoong Pharmaceutical(CEO Seung-Ho Jeon) announced Branch Manager Dong-Hyu kim and an employee at a Vietnamese branch of Daewoong Pharmaceutical were appointed as member of board of directors and board of supervisor...

“15% of patients prescribed Chinese Valsartan did not receive notice for re-prescription”

It was criticized 15% of patients who took antihypertensives with Chinese Valsartan ingredients have not received any notice from their health care institute. The Minjoo Party Rep. Sung-Gyu Meng mentioned this at the...

In-hospital infection is rather higher even in large general hospitals

In regards to the Ministry of Health and Welfare’s work report on the 25th, Liberty Korea Rep. Myung-Soo Lee(Health and Welfare Commissioner) emphasized importance of making preparations on higher in-hospital infectio...

GC Pharm cruising to commercialize flu vaccine for the elderly

GC Pharm has gotten a step closer to commercializing influenza vaccines that are more effective with the elderly. GC Pharm(CEO Eun-Cheol Huh) announced on the 26th that they acquired approval of Phase II clinical tri...

Samsung Biologics acquires drug product manufacturing approval from U.S. FDA

Samsung Biologics(CEO Tae-Han Kim) announced on the 25th that they acquired manufacturing approval of its first finished drug product from the Food and Drug Administration, a federal agency of the United States Depart...

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