News About: Pharm. Industry


Cut in pharmaceutical prices worries domestic industry

The turmoil surrounding imminent reduction of insurance drug prices is mounting in the domestic pharmaceutical industry, as the government is pushing ahead of a new drug price re-evaluation system as a means of improv...

13 patients were dead in Japan with side effects of Iressa

AstraZeneca's Iressa, which was first approved on July 16, 2002, by the Japanese Ministry of Health, Labor and Welfare (MHLW) for the treatment of advanced non-small-cell lung cancer, was reported to cause severe side...

Novartis to seek BT cooperation with domestic institutes.

Novartis, a foreign multinational drug corporation in Korea, is now seeking a research cooperation with outstanding domestic research institutes in the field of biological science. Two high executives of Novartis A...

15 multinational pharmaceutical firms producing most frequently prescribed drugs

The sales of multinational firms increased greatly thanks to their frequently prescribed drugs after the implementation of a new system of separating drug dispensing from medical practice, which was adopted by...

Domestic pharmaceutical industry faces business downturn

Pharmaceutical sources say domestic pharmaceutical firms since the latter half of this year, the domestic pharmaceutical industry has experienced serious business setbacks and their restructuring programs are underway...

Handok to launch Teveten, an anti-hypertension drug.

Handok announced on Oct. 15 to launch Teveten, an anti-hypertensive drug (Eprosartan) originally developed by Solvay, a Belgium company. Teveten is a new alpha receptor block...

Continual growth of foods-relaetd bioventure firms foreseeable

Business sources say that function foods-related bioventure firms play a leading role in the related industry thanks to listing of the Kosdaq market, successful attraction of operational fund and advancement to overse...

Government gearing up bioindusry standard plans

The government is pushing to expedite bioindusry standard plans, according to a domestic symposium. The Korean Agency for Technology and Standards (KATS) under the Ministry of Commerce, Industry and Energy held a b...

Grand prize for personnel management awarded to Ahnkuk.

The Korea Management Association warded "the 13th Korea Personnel Management Prize" to Ahnkuk pharmaceutical company (President: Uh Jin) for their excellent manufacturing management in the manufacturing industry. ...

Domestic pharmaceutical industry is at risk

Amid the domestic pharmaceutical industry's concerns over the repeated cuts in insurance drug prices following the government ex post facto drug management, the new reimbursement price re-evaluation system aiming at r...

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