- Company
- Samsung Epis, made a surplus of ₩122.5 billion
- by Chon, Seung-Hyun Apr 1, 2020 06:16am
- Samsung Bioepis has made a surplus for the first time since its inception. It has been in deficit every year since its inception in 2012, but it recorded operating profit of &8361;122.5 billion due to the growth of biosimilars in overseas markets. Sales also grew more than twice that of the previous year. According to Samsung Bioepis' audit
- Product
- Korea’s first epidemiological report on COVID-19 deaths
- by Lee, in-bok Mar 31, 2020 06:29am
- A study analyzed deaths from COVID-19 in Korea and found male patients in 70s with chronic cardiac disorder like hypertension were critically affected. Apparently, most of them had died in average 10 days after the onset COVID-19 symptoms, and their average time to death was unaffected regardless of underlying illness. First epidemio
- Policy
- Renewal of Marketing Approval for drugs, will be reinforced
- by Lee, Tak-Sun Mar 31, 2020 06:29am
- Renewal System of Marketing Approval for Drugs ongoing since 2018 will be further reinforced. The system which gives a 5 year validity for each category respectively, renews allowance after reviewing safety and effectiveness. However, it is criticized that the screening does not properly evaluate the safety and effectiveness of pharmaceut
- Policy
- Asthma inhaler Alvesco, clinical trial for COVID-19 patients
- by Lee, Tak-Sun Mar 31, 2020 06:28am
- Alvesco inhalers (Ciclesonide, AstraZeneca), which are being used as an asthma treatment, conduct clinical trials on COVID-19 patients. Institut Pasteur Korea (Director Wang-Sik Ryu) announced on the 29th that IIT for 'Alvesco' was approved based on the research results. IIT are led by Professor Woo-Joo Kim, Infectious Medicine of Korea
- Policy
- 5 out of 11 COVID-19 trials approved to speed up development
- by Lee, Tak-Sun Mar 31, 2020 06:28am
- Apparently, total 11 clinical trials in patients with COVID-19 have applied for the Korean health authority’s approval and five of them were cleared. The Korean government says pharmaceutical companies have sufficient stock of Kaletra and hydroxychloroquine used to treat COVID-19. On Mar. 27, Ministry of Food and Drug Safety (MFDS, Mi
- Policy
- Champix salt-modified drugs ready for launch in July
- by Lee, Tak-Sun Mar 31, 2020 06:28am
- The substance patent expiration on smoking cessation drug Champix is approaching in coming July, and more drugs with modified salt base are applying for market approval. Although the Korean court has ruled against salt-modified drugs launching before Champix’ patent expiration, new drugs are hectic preparing for their release immediately fo
- Policy
- President Moon, COVID-19 treatment should be cooperated
- by Lee, Jeong-Hwan Mar 31, 2020 06:28am
- President Moon Jae-in raised the need for international solidarity and policy coordination to develop new treatments and vaccines for new coronavirus infections (COVID-19). It was also said to maintain the essential flow of economic exchange between countries to minimize the negative impact COVID-19 has on the world economy. It was held
- Policy
- Strengthen the standards of international conference support
- by Kim, Jung-Ju Mar 30, 2020 09:42am
- A draft of improved standards for supporting academic conferences, which have been partially exploited as a link between medical/medical device companies and medical rebates, has been prepared. In the case of the international conferences, the number of participants participating in the evaluation criteria has been strengthened three time
- Opinion
- [Reporter’s View] Layoff isn’t always the key to COVID-19
- by Eo, Yun-Ho Mar 30, 2020 06:19am
- The pharmaceutical industry is suffering from an unprecedented scale of infectious disease outbreak with COVID-19. The executives are feeling restless from continuing to work from home and their stress of sales performance is deepening day by day. Amid worldwide pandemic, pharmaceutical companies are struggling to confirm transaction agr
- Policy
- How will be negotiated generic drug prices?
- by Lee, Hye-Kyung Mar 30, 2020 06:18am
- The details of the amendments to various systems that change the framework for drug coverage have been unveiled at once. The MOHW and the HIRA announced on the 23rd, 'Partial Amendments to the Rules for Pharmaceutical Reimbursement Listing Standard and Methods (Draft)', 'Criteria for Decision or Adjustment on Drugs', 'Partially revised detail
