Daily News for Jul 24, 2017


Japanese pharmas stingy in donating money as social contributions

Although Japanese pharmaceutical companies branching in Korea are growing up with product quality and marketing power, they are criticized to neglect social contributions of corporate profit, which are a fundamental duty. Yakup Shinmoon analyzed ...

Will Pfizer become a new power in health functional food market with new ‘Centrum’?

Pfizer will release 6 new types of ‘Centrum’ to successfully settle in the health function food market. The consumer healthcare department of Pfizer Pharmaceuticals Korea(CEO/President Dong-Wook Oh) held a press conference at the Plaza Hotel Seou...

Drug stores record highest sales and operating profits in franchise field

Among major franchise types, the pharmaceutical field is observed to record the highest sales and operating profits compared to others. Recently published by the National Statistical Office(NSO), the ‘Franchise Statistics based on the 2015 Econom...

MFDS constructs support system for Korean pharmas to enter international market using position as PIC/S member

The Ministry of Food and Drug Safety(MFDS) will construct a support system of Korean pharmaceutical companies to enter the overseas market by using the position as a PIC/S member. According to the MFDS, ratings of Korean pharmaceutical products a...

MOHW starts study for Public Pharmaceutical Company Control Tower to supply and control national essential drugs

It seems a study will be conducted to check possibility of having a control tower for the National Essential Pharmaceutical Product and public pharmaceutical companies. Even at a recent confirmation hearing, Neung-Hoo Park, a candidate for the Mi...

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