All Type of News
Improvements on ‘Korean Health Care R&D Assessment & Management System’
In order to encourage researches and developments in the Korean health care industry, the Ministry of Health and Welfare(MOHW) will improve the &RD assessment & management system and publish academic journals to share...
Materials for medicine reassessment get stricter
In the future, when applying for reassessment for a novel drug, a pharmaceutical company must turn in reference data, such as sales and approval records.
On 21 November, the Ministry of Food and Drug Safety(MFDS) off...
Is it right to adopt public midnight pharmacies?
While a bill for implementation of public midnight pharmacy was introduced to the National Assembly, there was a review by an expert member that it was right to implement the system.
Young.Hwan Seok, a member of the ...
“Increase of fine might be effective, but need to be careful”
An expert member recognized that the revision for enlarging a fine on drug manufacturers, importers and sellers was valid, but also made a comment it was necessary to thoroughly consider its control over companies wit...
Obligation of regular trainings for household medicines, it might be difficult in reality
While a legislative bill was introduced to extend the subject for the emergency household medicine training to employees, an assignment was suggested for the reality where there are a lot of part-time employees.
In a...
Minister Neung-Hoo Park visits distribution field, “I’ll find solutions for the serial number”
In order to understand practical difficulties and problems from enforcement of the serial number system in the distribution field, Minister Neung-Hoo Park of Health and Welfare visited distribution companies and looke...
6 CEOs in pharma industry received more than KRW 500 million wages for the past 9 months
Wages for 6 CEOs in the pharmaceutical industry, including Boryung Pharm Chairman Eun-Sun Kim, reportedly exceeded KRW 500 million for the past 9 months.
Yakup Shinmoon(www.yakup.com) analyzed 2017 3rd quarter repor...
Yuhan Corporation’s drive to diversify business in cosmetic market
The top sales pharmaceutical company of Korea, Yuhan Corporation will diversify its business.
According to Yuhan Corporation, the company founded a cosmetic company as a way to diversity its business, planning to agg...
Listed pharmas to cut advertising expenses as a way to control SG&A expenses
Pharmaceutical companies have reportedly cut advertising expenses significantly as a method to control selling, general and administrative expenses.
In addition, while the top sales pharmaceutical companies have redu...
Samsung Bioepis first acquires approval of Herceptin biosimilar in Europe
Samsung Bioepis(CEO/President Han-Seung Ko) has become the first to acquire sales approval of breast cancer biosimilar in Europe, away from other multinational pharmaceutical companies.
On the 20th(local time), Samsu...
