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15 pharmacists win seats for June 2 elections
A total of 15 pharmacists including councilors and administrative chiefs were elected at the local elections held on June 2, according to the National Election Commission.
Ten pharmacists were also picked under the...
Bioequivalence testing of Glivec generic likely to be made compulsory
Drugmakers who intends to produce the generic version of Glivec (imatinib mesylate) will be required to conduct equivalence testing over patients instead of healthy volunteers.
“It must be necessary for pharmaceuti...
Government to raise parturition fee by 50 percent
The Ministry for Health, Welfare and Family Affairs announced on June 1 that to encourage OB/GYNs to deliver more babies, the ministry plans to raise the medical fee for parturition by 50 percent in two years.
Curr...
Reyon Pharma’s per-share price is set at 16,500 won
Reyon Pharm will make its debut on the bourse on June 10 after its initial public offering (IPO) of 1.3 million shares.
The drug maker said the IPO price is set at 165,000 won.
Reyon succeeded in synthesizing ar...
Keunwha teams up with BioDilivery Science
Kunwha Pharmaceutical said on May 27 it has entered into a license and supply agreement with the U.S.-based BioDelivery Sciences International, Inc. for the exclusive rights to develop and commercialize BEMA Fentanyl ...
New drug-pricing plan to be implemented in October
The government plans to implement a new drug-pricing system aimed at uprooting rampant illegal rebate activities in the pharmaceutical industry from October 1.
The government approved a new healthcare law at a cabi...
238 digestives and circulation drugs likely to be delisted in health insurance
The Health Insurance Review and Assessment Service announced on May 28 an interim report of economic effectiveness over drugs belonging to five therapeutic categories.
According to the report, a total of 238 medici...
Zuellig Pharma Korea to distribute Sanofi Pasteur’s vaccine products
Zuellig Pharma Korea, a regional distributor of pharmaceutical and health care products, said it has enter into a distribution agreement with Sanofi Pasteur and Handok Pharm to initiate the logistic business of vaccin...
LG teams up with Beijing Pharma
LG Life Sciences took a slight but noticeable step to bolster its presence in the rapidly growing pharmaceutical market in China by making strategic partnership with Beijing Pharmaceutical Group.
Executives from bo...
Dongwha opens new R&D center
Dongwha Pharm Chairman Yoon Do-joon called on his company to secure original core technology on May 26.
The move comes at a time when Dongwha is making all-out to go global.
"Securing core technology is top prio...