All Type of News
Government unveils big investment plan on 5 future industries
The government has unveiled its research and business development (R&BD) meta-plan to develop new and innovative products, such as emission-free vehicles, as part of its long-term plan to create a new engine of growth...
Korean drugmakers hit by rebate
The pharmaceutical industry has never really had a good reputation, either here or elsewhere. Behind the life-curing business are heavy lobbying, dirty politics and giant rebates for favorite buyers, all of which is r...
KFDA to crack down on unlicensed pharmacists in drug stores
The Korea Food and Drug Administration announced it discovered 23 drug stores that violated the pharmaceutical affairs law as a result of its inspection of pharmacies.
Major violations involved were dispensing or s...
Can health ministry extend unified distribution system?
With the controversial unified distribution system expected to be lifted at the end of this year, wholesalers are attentively watching the health ministry’s final attitude on this issue.
During the parliamentary in...
KPMA criticized for lukewarm attitude
The Korea Pharmaceutical Manufacturers Association (KPMA) needs to take a bold action against the current drug-pricing system, critics say.
They argued the KPMA’s tepid position on the current issue is derived from...
Management rules on bioequivalence to be overhauled
The Korea Food and Drug Administration said on October 26 that matters concerning bioequivalence, including responsibility of sponsor and clinical center and operation of IRB, will be more rationalized.
Demonstrati...
Government to scrutinize dumping acts in general hospital
As the new drug-pricing system has driven hospitals to be more aggressive in their low-price bargaining with drug manufacturers and wholesalers, the Ministry of Health and Welfare will closely monitor any irregular de...
Clinics prescribe less antibiotics for pediatric patients
47.7 percent of doctors at clinics have prescribed less antibiotics to their pediatric patients for common conditions such as cold, coughs and sore throats, according to data released by the Health Insurance Review an...
Hanmi to get approval of generic Nexium in US
Hanmi Pharm says it has recently filed an ANDA application for its generic Nexium to the U.S. Food and Drug Administration after completion of clinical trials overseas.
The company plans to obtain the market author...
Diabetes drug 'Avandia' to be pulled from shelves
U.K.-based GlaxoSmithKline (GSK)’s blockbuster anti-diabetes pill “Avandia” will face being banned in the Korean market as the Korea Food and Drug Administration (KFDA) announced a plan to review the drug once again a...
