All Type of News
Dongwha gearing up for overseas expansion
Dongwha Pharmaceutical Co. is gearing up for its expansion of active pharmaceutical ingredients (APIs) in European countries.
The company says its pantoprazole has received GMP (Good Manufacturing Practice) certifi...
Pharmaceutical firms conduct major CEO shakeups
Domestic pharmaceutical companies, such as LG Life Sciences, Hanmi Pharmaceutical and Pacific Pharmaceutical, conducted their major reshuffles of top executives, which can also be considered a generation shift and pro...
Debate rekindles on supermarket sales of OTC drugs
The debate on whether to allow sales of over-the-counter drugs at supermarkets is resurfacing after President Lee Myung-bak raised the issue earlier last week.
In a recent radio forum, Prof. Chung Seung-soo of Han...
Who will be nominated as KPMA vice president?
Keen attention has been focused on the next vice president of the Korea Pharmaceutical Manufacturers Association.
The board of directors meeting held yesterday did not consult with the nomination, as the issue seem...
Regulator to probe dumping practice in hospital bidding
The government is expected to investigate hospitals’ drug bidding, amid accusations that drugmakers and wholesalers are impeding fair competition.
Rumors have spread that dumping acts were rampant in local universi...
Strategic alliance with pharmaceutical firms positive for wholesalers
Business sources say that domestic wholesalers have already established strategic alliances with pharmaceutical manufacturers for distribution of medicines to effectively minimize outlays for sales of new drugs.
Gu...
KFDA to scrap validation guidance program
The current validation program to guide and check the GMP (Good Manufacturing Practice) levels will be abolished next year, according to the Korea Food and Drug Administration.
“Pharmaceutical companies have endeav...
VAT exemption for flu vaccine A to be abolished
The government plans to withdraw VAT (value added tax) benefit for influenza A (H1N1) vaccine and antiviral drugs next year to starve off looming budget shortfalls.
Tax breaks on these drugs were awarded last year ...
Hanmi, Baxter to expand cooperation over amino acid infusion
Hanmi signed an agreement with Baxter to distribute the latter’s three products, such as Oliclinomel 1000 mL, Clinoleic and Cernevit, in Korea from next year, it was learned Monday.
Hanmi officials said the three p...
Health ministry mulls supermarket sales of over-the-counter drugs from next year
The Ministry of Health and Welfare is considering allowing the sales of over-the-counter drugs at supermarkets, as President Lee Myung-bak raised the issue on December 22.
Lee brought up the issue while receiving t...
