All Type of News
KPMA to discuss unified distribution issue
The Korea Pharmaceutical Manufacturers Association will decide to clarify its position to the controversial unified distribution issue on August 13, according to the informed sources.
Most of the KPMA members are p...
KFDA mulls introduction of PSUR system in 2013
The Korea Food and Drug Administration is now considering introducing the PSUR (periodic safety update report) system in 2013 at the latest as part of its efforts to shorten the drug related license renewal period.
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5 medical associations calls for banning unlicensed medical practices
The nation’s five medical organizations, including the Association of Korean Oriental Medicine, has been insisting that unlicensed individuals should be banned from engaging in medical practices to protect the health ...
Choong-wae, Fujirebio sign agreement over Lumipulse G1200
Choongwae-Pharm announced on August 11 that it has signed an exclusive distribution agreement with Fujirebio Diagnostics, Inc. of Japan to distribute the latter’s diagnostic agent “Lumipulse G1200.”
Lumipulse G120...
Pharmacists feel burdensome for hike of national pension bill
Many pharmacists who run his/her pharmacy are complaining about the recent increased top-ceiling level of the national pension bill from 3.6 million won 3.68 million won.
The National Pension Service (NPS) said tha...
Pharmaceutical shares boosted by new health minister’s appointment
Shares of pharmaceutical firms were boosted on August 9 by expectations that Chin Soo-hee, nominee for health and welfare minister in the recent cabinet reshuffling, will be more market-oriented than her predecessor, ...
Korea drugmakers focus on time release technology
Domestic pharmaceutical companies have turned their eyes to time release technology that may ensure better prices of insurance-covered drugs and shorten a longer period of time in the development of new drugs.
Time...
Korean drugmakers at crossroad over unified distribution
Members of the Korea Pharmaceutical Manufacturers Association have a headache over the current unified distribution system.
Wholesalers said the system should be delayed for the next three years until the sound dis...
Wholesalers angered over poor management of drug inventory
Domestic pharmaceutical wholesalers are facing penalty provisions from some pharmaceutical firms due to increased returned goods from pharmacies.
Officials at Ilsung Pharm say it will seek a penalty against pharmac...
Cho-A develops genetically modified pigs with human growth hormone
Cho-A Pharm says it has successfully cloned two pigs that have been genetically modified to produce human growth hormone, aside from its current research to produce EPO drugs from genetically modified pigs.
As its ...
