All Type of News
Drugmakers to be hit by anti-rebate provision
The performance of Korean pharmaceutical companies will be affected in the final quarter by the government’s policy to abandon “rebates” ― a kind of kickback given by drug companies to pharmacies, clinics and hospital...
Wholesaler on high alert over drugmakers’ new sales policy
Domestic pharmaceutical wholesalers have been placed on top alert to brace for new sales policies pharmaceutical firms will adopt to boost sales.
These days, pharmaceutical companies face the government’s intensiv...
Dong-A releases new form of peripheral vasodilator
Dong-A Pharmaceutical Co. says it will supply new package of Opalmon (limaprost), peripheral vasodilator, from November 1, as its price was reduced by 20 percent. Limaprost, an alprostadil (prostaglandin E1) analogue,...
Biospace veers into smart care market
Biospace Co. will enter the local smart care market together with LG Electronics backed by the government, officials said recently.
The Ministry of Knowledge Economy said it would inject 51.4 billion won to carry o...
Rising development costs of biosimilars make US market entry difficult proposition
Clearing the U.S. regulatory hurdles is expected to be an arduous exercise for Korean firms, said President Song Byung-doo of Scripps Korea Antibody Institute (SKAI).
In a local SKAI symposium, Song said that Biosi...
Application of bioequivalence tests for combination products tops 87 items
The Korea Food and Drug administration says that the number of bioequivalence tests for combination drugs is 87, which accounts for about 29 percent of total 296 drugs, applied for January and September 2010.
Of th...
Heparin prices to rise 49 to 68 percent
Ignited by shortage of heparin products due to rising raw materials overseas, the government plans to increase the insurance-covered drug price by 49 to 68 percent from December.
The Ministry of Health and Welfare ...
NHIC, KMA resume talks over medical treatment fee
The National Health Insurance Corporation (NHIC) and the Korean Medical Association (KMA) resumed talks on October 27 to try to end a dispute over doctor’s service fee hikes after failing to narrow differences on Octo...
Natural vitamins gain high popularity
A significant number of the vitamins you will find on the pharmacy shelves these days are made synthetically through chemical processes, rather than derived directly from plants or other materials, although some manuf...
Green Cross still tops No.1 in accumulated sales
In terms of accumulated revenue up to the third quarter of this year, Green Cross Corp. ranked first with 639.4 billion won, followed by Dong-A Pharmaceutical with 634.4 billion won.
Green Cross posted revenues of ...
