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ECCK ¡°Revised Pricing Negotiation Guideline Violates FTA"
by
Kim, Jin-Gu
Dec 3, 2019 05:53am
Europe-based global pharmaceutical companies with offshoots in Korea have filed official complaints on ¡®additional requirements under side agreement¡¯ added to drug pricing negotiation procedure in Korea. They claim the new changes could violate the principles of Korea-EU Free Trade Agreement (FTA). European Chamber of Commerce in Ko
Company
Drug Committees pass oral Fabry treatment Galafold
by
Eo, Yun-Ho
Dec 2, 2019 05:57am
The world¡¯s first orally taken Fabry disease treatment ¡®Galafold¡¯ is landing its code on tertiary hospital drug list. According to pharmaceutical industry, Handok¡¯s Galafold (migalastat) has been passed by drug committees (DC) in specialized healthcare institutes for rare disease care, like Seoul Asan Medical Center, Ajou University
Company
The Answer is in RSA expansion and undisclosed pricing
by
Kim, Jung-Ju
Nov 29, 2019 10:54pm
Maybe the answer has been before our very eyes all along. If Korea Passing occurs when other foreign countries start referring to Korean drug pricing, then it could be avoided by preventing them from referencing. Otherwise, drug could be price at a moderate level to avoid Korea Passing regardless of other countries. Theoretically t
Company
PPC signs MOU with Clinerion to shorten clinical period
by
Eo, Yun-Ho
Nov 29, 2019 06:32am
Asia-specific CRO PPC (Protech Pharmaservices Corporation) recently signed an MOU with Clinerion, Switzerland, to shorten the time for clinical institution selection and patient registration. Through this partnership, PPC expects to use Clinerion's Patient Network Explorer platform to accelerate enrollment of subjects in global clinical tr
Company
Lynparza tablet requests for expanded reimbursement
by
Eo, Yun-Ho
Nov 29, 2019 06:31am
Anticancer treatment Lynparza is applying for insurance reimbursement on its orally taken tablet formulation. Pharmaceutical industry source tells AstraZeneca Korea has recently submitted reimbursement application for extended indication of a poly ADP ribose polymerase (PARP) inhibitor Lynparza (olaparib). The anticancer treatment is now
Company
GLP-1 diabetes, Trulicity runs at a high speed
by
An, Kyung-Jin
Nov 28, 2019 10:45am
Once-weekly diabetes treatment, Trulicity, overwhelms the GLP-1 analog market. The company's annual sales are over &8361;30 billion, exceeding &8361;27 billion in nine months. The market grew to more than 98% with a single item, increasing the overall market size. According to the drug market research agency IQVIA on the 28th, Trulicit
Company
BMS-Celgene Korea promotes Kim Jinyoung as new CEO
by
Eo, Yun-Ho
Nov 28, 2019 10:19am
The decision has been made and it was a promotion from within. Kim Jinyoung (43), a former acting CEO, was appointed as the CEO of merged BMS-Celgene Korea. Kim used to serve as a Head of Legal and Compliance in BMS Korea, but was appointed as an acting CEO after former President Park Hye-sun (49) left the office. Kim had been active as
Company
Ildong great likelihood to sell strongly 'Otrivin' by GSK
by
Jung, Hye-Jin
Nov 28, 2019 06:14am
Ildong pharmaceuticals has the most potential of otc vendor for 10 GSK¡¡items. It is possible that A distributor, Zuellig Pharma Korea will be charge of selling Lamisil. According to the industry on the 26th, GSK, Ildong Pharmaceuticals and Zuellig Pharma Korea are in the last negotiations over the right to sell 10 generic drugs. A
Company
MA experts admit headquarters¡¯ ¡°Korea Passing¡± orders
by
Kim, Jin-Gu
Nov 28, 2019 06:14am
With one phenomenon, there are two interpretations. The government and pharmaceutical industry are showing polarizing views on the current situation and the cause of Korea Passing phenomenon. As if they are speaking in different languages, their prospective and proposed solutions are like parallel lines never crossing each other¡¯s path.
Company
Inflximab injection ¡®Remsima SC¡¯ good to go in EU
by
Lee, Seok-Jun
Nov 27, 2019 11:06pm
On Nov. 26, Celltrion announced its hypodermic injection Remsima SC got the green light from European authority. The injection was approved on indication of rheumatoid arthritis in 120 mg dose. Remsima SC is the first subcutaneous formulation of inflximab to have passed by the European regulator. Remsima SC would be available in 31 Europ
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