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Generic battle seen intensifying
With many global makers' blockbuster products, such as Lipitor, Cozaar and Plavix, coming off patent, the race for the generic drug market is set to be in full force in the first half of this year.
Kiwoom Securitie...
Pharmacies at night meet few visitors
From June 19, 2,848 pharmacies in major cities across the nation have been designated to sell drugs around the clock and without closing until the end of this month.
However, many pharmacists indicated the chronic ...
IBM Korea to join BRC project
IBM Korea plans to take an active role in Bio Research Complex (BRC) project in the Incheon Free Economic Zone, along with Gil Hospital.
Leveraging on its superior IT technology the company is looking at creating s...
GSK releases Synflorix, pediatric pneumococcal vaccine, in Korea
GlaxoSmithKline (GSK) said it has supplied to the domestic hospitals and clinics its Synflorix a paediatric pneumococcal vaccine to protect against life-threatening diseases such as meningitis and bacteraemic pneumoni...
Arnaud named head of Sanofi-Aventis Korea
Sanofi-Aventis Korea appointed Jean-Marie Arnaud as its new chief executive, responsible for taking charge of the Korean subsidiary of the global pharmaceutical company as of August 1, 2010.
He joined Sanofi-Aventi...
Democratic Party supports two vice health ministers
A bill to appoint the two vice ministers in the Ministry of Health, Welfare and Family Affairs has been recently proposed by Rep. Choo Seung-yong of the main opposition Democratic Party.
The lawmaker said the two v...
Korea emerging as global drug trial hub
Korea is rapidly emerging as a global hub of clinical trials for multinational firms thanks to its excellent infrastructure for clinical research, the Ministry of Health, Welfare and Family Affairs said on July 25.
...
Scrapping of unified distribution system is hot potato
All wholesalers have been making all-outs to delay the scrapping of controversial unified distribution system as it links to their survival.
The government said it will allow hospitals with more than 100 beds to ma...
Collective price cuts haunt pharmacists
Recently, pharmacists have complaint about the possibility to deal with expired medicine stocks due to the government’s plan to reduce the prices of all insurance covered medicines annually within the next three years...
Patrick Holt named Allergan Korea
Patrick Holt, ex-executive of MSD Korea, has been recently made Allergan Korea's president and CEO to head the local operation.
Holt will now oversee the company's overall sales and marketing business, Allergan Kor...
