Lastest News


Pharmaceutical companies’ concerns over ‘Financial Gain & Expenditure Report’ even before it starts

While being active in preparing for the ‘Financial Gain & Expenditure Report’ which will be implemented from 1 January 2018, pharmaceutical companies have encountered a new concern. When the report became obligated, ...

How much did listed pharmaceutical companies spend on SG&A expenses?

This year, the increase of collective selling, general & administrative(SG&A) expenses by the 3rd quarter of the year on average was 20 times higher in the KOSDAQ market than the one in the KOSPI. When it comes to the...

“Gleevec generics have no bioequivalent problem, and prescribing is a matter of the medical field”

The Ministry of Food and Drug Safety(MFDS) made straight that there was no problem for the Gleevec generics’ bioequivalence test in safety and efficacy, but prescribing generics over Gleevec is not a matter of issue t...

Green Cross wins largest blood product tender ever

Green Cross has drawn the largest exports of blood product ever. Green Cross(CEO Eun-Cheol Huh) announced on the 22nd that the company obtained an order of IV-Globulin SN(IVIG-SN) worth of USD 42.9 million(KRW 47 bil...

Kwang Dong signs a Korean exclusive license agreement of female sexual desire disorder treatment

Kwang Dong Pharmaceutical(CEO Sung-Won Choi) announced on the 22nd that it signed a Korean exclusive license agreement of ‘bremelanotide,’ a substance candidate of novel drug developed by U.S. Palatin Technologies for...

Materials for medicine reassessment get stricter

In the future, when applying for reassessment for a novel drug, a pharmaceutical company must turn in reference data, such as sales and approval records. On 21 November, the Ministry of Food and Drug Safety(MFDS) off...

Improvements on ‘Korean Health Care R&D Assessment & Management System’

In order to encourage researches and developments in the Korean health care industry, the Ministry of Health and Welfare(MOHW) will improve the &RD assessment & management system and publish academic journals to share...

Where are biotech companies at in ‘cutting-edge biologic development’

Under the ‘Global High-Tech Biotechnology Development Project’ that the Ministry of Science and ICT and the Ministry of Health and Welfare have carried out as a part of the plan to raise world-class biotech companies,...

Chairman Sun-Hye Cho, “I’ll lead coexistence with the idea of ‘strong association’”

Geo-Young Chairman Sun-Hye Cho formalized to run for the 35th Korea Pharmaceutical Distribution Association Presidential Election. At a meeting with Yakup Shinmoon on the 21st, Chairman Sun-Hye Cho said “The pharmace...

Distribution industry opposes to pharmaceutical company sending back returned medicines without shipping record

The pharmaceutical distribution industry has strong opposed to pharmaceutical companies which cut off returning stored medicines in a self-interested fashion in regards to the serial number system. According to the i...

6 CEOs in pharma industry received more than KRW 500 million wages for the past 9 months

Wages for 6 CEOs in the pharmaceutical industry, including Boryung Pharm Chairman Eun-Sun Kim, reportedly exceeded KRW 500 million for the past 9 months.  Yakup Shinmoon(www.yakup.com) analyzed 2017 3rd quarter repor...

Minister Neung-Hoo Park visits distribution field, “I’ll find solutions for the serial number”

In order to understand practical difficulties and problems from enforcement of the serial number system in the distribution field, Minister Neung-Hoo Park of Health and Welfare visited distribution companies and looke...

Obligation of regular trainings for household medicines, it might be difficult in reality

While a legislative bill was introduced to extend the subject for the emergency household medicine training to employees, an assignment was suggested for the reality where there are a lot of part-time employees. In a...

“Increase of fine might be effective, but need to be careful”

An expert member recognized that the revision for enlarging a fine on drug manufacturers, importers and sellers was valid, but also made a comment it was necessary to thoroughly consider its control over companies wit...

Is it right to adopt public midnight pharmacies?

While a bill for implementation of public midnight pharmacy was introduced to the National Assembly, there was a review by an expert member that it was right to implement the system. Young.Hwan Seok, a member of the ...

TOP
BACK
Address: 295-1, Chungpa-Ro, Yongsan-Gu, Korea
Phone: 02-3270-0114 | Fax: 02-3270-0129 | Email: eyd@yakup.com

Copyright © Yakup Shinmoon, Inc. All Rights Reserved.