All Type of News
Rebate-taking doctors to face jail term
Starting from today, doctors and pharmacists who receive what are widely known as "rebates" from drug makers in return for prescribing or recommending their products will spend up to a year behind bars or have their l...
Korea urged to support pharmaceutical industry
The government has recently pledged to promote the biosimilar industry, aiming to take 22 percent of the global market by 2020, but experts said that it is necessary for the government to provide more positive support...
Five local hospitals enter into partnership agreement with MSH China
Five local hospitals – Inha University Hospital, Severance Hosptai, Gachon University Gil Hospital, Sam Hospital and Saint Mary’s Hospital – will sign a direct billing partnership agreement with MSH China, according t...
Maintaining proper oral hygiene is important, foreign dentist say
Maintaining proper oral hygiene is one of the most very important things that you can do for your teeth and gums, said Prof. Louis G. Depaola of Baltimore College of Dental Surgery, who made a recent visit to Seoul.
...
Foreign-invested pharmaceutical firms call for more tax exemptions for multinational clinical trials
Korea will have to seek to expand tax exemptions for multinational clinical trials as well as foreign corporate investment Korea is rapidly emerging as a global hub of clinical trials for multinational pharmaceutical ...
University hospitals to shorten turnover date
Some of university hospitals are moving to shorten the turnover date of pharmaceuticals purchased from wholesalers under the cash incentive plan, according to pharmaceutical business sources.
The sources said it is...
Court dismisses drugmakers’ appeal on rebate related fines
An appeal by Yuhan Corp. Hanmi Pharmaceutical and Choongwae Pharmaceutical against the Fair Trade Commission (FTC)’s decision to impose fines was dismissed by the Supreme Court.
The court said on November 25 it dis...
Dong-A Pharmaceutical names new execs in shake-up
Dong-A Pharmaceutical Co. says it has appointed Kang Jeong-seok, vice president and the forth son of incumbent Chairman Kang Shin-ho, as executive vice president to take charge of R&D functions in addition to overall ...
US FDA approves first clinical trial using embryonic stem cells
Cha Bio & Diostech, a local biopharmaceutical company, said on November 24 that the US based Advanced Cell Technology, Inc. (ACT), Cha’s joint research collaborator, received from the US Food and Drug Administration a...
Pharmacists group seeking to overhaul small package system
The Korean Pharmaceutical Association is making all-out efforts to overhaul the controversial small package system to make it “better” for both manufacturers and pharmacists.
Under the current regulation, drug make...
