All Type of News
Green Cross signs $6.6 million vaccine deal
Green Cross Corp., Korean drugmaker, said Wednesday it has signed a deal with the Pan American Health Organization, a regional body of the World Health Organization, to provide $6.6 million worth of chickenpox vaccine...
SK Chemicals to lead in life science business
SK Chemicals says that Thailand based Indorama Ventures Public Company Limited has acquired all of SK stakes in PT SK Keris in Indonesia and SK Eurochem in Poland.
“Through this sell-out plan, SK Chemicals will ste...
Daewoong’s Ursa picked as one of 2010 global leading brands
Daewoong Pharmaceutical’s Ursa (ursodeoxycholic acid), which has gained favorable reputation as its immensely popular liver medicine since its launching in 1961, were selected as Korea’s global top brand, the company ...
Bufexamac-containing medicines to be banned
The Korea Food and Drug Administration (KFDA) said on December 8 it has decided to ban sales of controversial bufexamac-based drugs, because of high risk of contact allergies.
Bufexamac is a non-steroidal anti-infl...
Government to seek deregulation in services
The government announced Tuesday that it will lower the entry barriers to the communication/education, energy, medical/pharmaceutical and other professional services markets from the first half of next year.
Indust...
Government urged to clarify consulting/lecturing fees
Pharmaceutical companies are hesitating to hold non-commercial consulting and/or lecturing sessions under the new rebate ban guidelines.
However, due to the unclear relevant regulation, companies have called on the...
Guideline for anti-rebate provisions clarified
Providing a doctor with a meal worth more than 100,000 won during a product detailing meeting will be considered a rebate activity in the pharmaceutical industry, according to the Ministry of Health and Welfare.
In...
Pharmacist license available for 77 employees in pharmaceutical company
14 universities in Korea have finally decided to select 77 applicants from pharmaceutical companies for extra quota to be allowed for pharmacy schools.
Thus those employees who passed the PEET (Pharmacy Education E...
Functional food makers caught for exaggerated ads
Many people could be attracted to buy nutrients capsules if they were said to prevent cancer, control blood pressure or show other amazing medical effects.
However, the Korea Food and Drug Administration (KFDA) war...
Illegal rebate activities in drug industry specified
The Ministry of Health and Welfare has clarified the definition of rebate activities and made more specific countermeasures against such practices through a fair trade agreement.
In an information session Monday, h...
