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Drug agency seeking to maintain tax benefits for GMP facilities
The Korea Food and Drug Administration has rolled up its sleeves to sustain the tax cut program for the local GMP (Good Manufacturing Practice) facilities, which will be scrapped at the end of this year.
The drug a...
Korea to overhaul health insurance system
Korea should study the U.S healthcare reform plan to ensure better financial stability of its National Health Insurance Scheme.
In a recent forum, all panelists advocate that the country should endeavor to keep the...
Samsungs investment plan boosts shares of biopharmaceutical firms
Samsung Group’s announcement to spend 23.3 billion won on new businesses including biopharmaceuticals and medical devices on May 11 is a boon to local biomarkers as their shares skyrocketed recently.
Binex saw its ...
Number of pharmacies in Seoul’s Seocho ward up 18 last year
The number of pharmacies in Seocho ward in Seoul showed the highest increase to 248 from the first quarter of 2008 to the same period of this year, the Heath Insurance Review and Assessment Service said on May 11.
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Huons targets 100 billion won in sales this year
Huons aims to achieve 100 billion won in revenue this year with the intention of emerging as one of the best-performing companies in Korea, a company executive said recently.
The company’s plan to boost sales this ...
Private hospitals to assume public health role
The government is considering designating private medical institutions to carry out the public medical services for those living in remote rural areas, according to the Ministry of Health, Welfare and Family Affairs.
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Government to make public revised guideline for preservatives
The Korea Food ad Drug Administration says it will make a revised guideline to regulate the contents of 17 preservatives, such as sodium benzoate, sodium thorbate and benzalkonium chloride, to prevent their excessive ...
Handok, Sanofi Pasteur seek to upgrade vaccine distribution system
Handok Pharm and Sanofi Pasteur said they will be able to provide safe and effective vaccines by upgrading their whole distribution services, such as storage of vaccines at 2~8℃ and on-line order system.
They said ...
687,524 women diagnosed with osteoporosis
The total number of people diagnosed as osteoporosis was increased from 450,000 in 2004 to 740,000 last year, indicating an average yearly increase of 13 percent, a government report said on May 9.
According to the...
Reyon Pharma to go public
Reyon Pharmaceutical Co. is scheduled to debut on the stock market on June 9, according to a company official.
Market watchers are positively evaluating the listing of Reyon that marks its 55th anniversary this yea...