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KPMA urged to recruit competent executives
The Korea Pharmaceutical Manufacturers Association (KPMA) needs to select its planned executives to take charge of planning and strategy unit as soon as possible, according to market insiders.
Despite its recruitme...
Korean and Japanese scientists discuss US license procedures for antibody products and therapeutics
At a recent workshop organized by the Korea Drug Research Association on November 4, a variety of the US license procedures for new antibodies were discussed between Korean and Japanese scientists.
“The manufacture...
US FDA approves Korean interferon alpha
Hanall Biopharma has recently announced it has received approval from the U.S. Food and Drug Administration to conduct phase II clinical trial of HanferonTM Inj. (interferon alpha) for the treatment of hepatitis C.
...
Drug selling outside pharmacy should be punished, KMA says
The Korean Pharmaceutical Association said on November 4 that drug selling acts out of pharmacy by a drug store is not deemed appropriate.
On March 2008, an outpatient at a large hospital at Songpa, Seoul received ...
Lipitor thrones No. 1 medicine
Pfizer’s Lipitor is enjoying brisk sales in the domestic ‘statin’ market.
Sales of Lipitor reached over 20 billion won every quarter, making it one of the top-selling drugs in the country, according to Ubist. Last ...
Downsizing to sweep foreign-invested pharmaceutical companies and distributors
Some of foreign-invested pharmaceutical and logistic companies are expected to be the next targets for downsizing this year.
Zuellig Pharma Korea plans to lay off 24 salespersons due to severing with local large wh...
Choong-wae Holdings sells its 33.75% stake to affiliated company
Choong-wae Holdings transferred a 33.75 percent stake to its affiliated company Choong-wae, according to the Financial Supervisory Service (FSS).
The company held a board of directors' meeting on November 3, and de...
TNT Korea opens healthcare center
TNT Korea, a Korean unit of TNT Express headquartered in the Netherlands and one of the world’s leading delivery companies, said on November 1 that it has opened its new healthcare center in Seoul.
The center provi...
94% of Koreans suffer from stress, survey shows
Despite the fact that Koreans are quite enthusiastic about maintaining good health and well-being, about 94 percent of Koreans experience various levels of stress every day, mostly because of financial concerns such a...
KFDA allows restricts use of Avandia diabetes drug
The Korea Food and Drug Administration says that it would impose new restrictions on the use of the diabetes drug Avandia in an effort to protect patients from the risks of cardiovascular problems.
The restrictions...