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Domestic drugmakers urged to develop innovative drugs
The country's medicine business is standing at a crossroads. Is it going take a leap with new, innovative drugs or continue chasing global leaders with copied products?
The Korea Pharmaceutical Manufacturers Associ...
KFDA to shorten screening period of biosimilar products
The national health watchdog is considering shortening the license period of biosimilar products to facilitate its local development.
In addition to that, the government will also establish an integrated database o...
New drug-pricing plan aims to uproot illegal rebates
The government reconfirmed its determination to stamp out rampant illegal rebate activities in the pharmaceutical industry by implementing a new drug-pricing system.
In a scientific seminar on June 11, the health m...
Dongwha names new director
Lee Jae-hyuk, director of Samjung KPMG Healthcare Group, has been appointed as a new director of Dongwha Pharm, it was learned on June 7.
Lee will oversee the company’s strategic planning based on his vast experien...
MyPharm’ Ilasen enjoys robust sales
As Korea breezed into a 2-0 win over Greece in its first World Cup group match at Nelson Mandela Bay Stadium in Port Elizabeth, South Africa on June 2, he Word Cup craze is sweeping the nation and even more people are...
Local drugmakers urged to seek innovation
Domestic drug makers should focus on research and development of new drugs to survive in an anti-rebate environment, experts said.
They should pursue the knowledge-intensive industry based on research and developme...
Informant to benefit from big reward over rebate
A whistle blower who reported an illegal rebate case will receive up to 100 million won from the Fair Trade Commission, according to the FTC on June 13.
When a pharmaceutical company is slapped with 5.1 billion won...
Raw material GMP system in inactive status
The current GMP (good manufacturing practice) regulation for raw materials is yet to be activated under the current drug master file (DMF) system, according to the Korea Food and Drug Administration.
Under such cir...
Netizens favors more pharmacies to open at night
The majority of people visiting main portal sites think that it is desirable for pharmacies to open with extended hours, according to a recent survey of the Korean Pharmaceutical Association.
Beginning in July, mor...
Allergan Korea launches JUVÉDERM Voluma
Allergan Korea says it has released JUVÉDERM Voluma (1 x 2ml syringe, 20mg/ml hyaluronic acid), an injectable hyaluronic volumiser that recontours the face to restore volume to chin, cheeks and cheekbones that have be...
