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MOHW to review 17 products for rare and gynecologic cancers with priority in 2018

Moon Jae-In Care(National Health Insurance Coverage Extension Plan) will gradually cover 415 types of medicines by 2022. This year, 17 anticancer drugs, such as rare cancers and gynecologic cancers, and 71 medicinal ...

Fees to use double- & triple-bed rooms at general hospitals to be decreased by 50% at most

Fees to say at double or triple-bed rooms in superior general hospitals and regular general hospitals will decrease by 50% at most starting 1 July. In addition to this, fees to stay in intensive care units will also ...

12 biologics including 6 influenza vaccines approved last year

Last year, total 12 biologics including 6 influenza vaccines were reported approved. According to the ‘2017 Drug Approval Report’ published by the Ministry of Food and Drug Safety(MFDS), 12 biologic products were app...

Survey starts to understand size and cost of wasted drugs for the first time in Korea

A research will be conducted to take a close look at concrete size and cost of drugs wasted in Korea. The Health Insurance Review and Assessment Service(HIRA) recently gave a notice of tender for the contract researc...

‘Lipiodol’ takes drug price negotiation after being designated as shortage-prevented drug

‘Lipiodol’ which has recently caused controversy with its supply suspension will get on a drug price negotiation after being designated as a shortage-prevented drug. ‘Erbitux’ which ended the drug price negotiation w...

KPA, “There will be enough pharmacists in the future”

The Korean Pharmaceutical Association(KPA) submitted a research report about ‘There are enough pharmacists’ on the last 1st. This is a follow-up measure to the Korea Institute for Health and Social Affairs’(KIHASA) s...

Various routes to export pharmaceutical products to European market

Routes to export pharmaceutical products to the European market from Korea are getting more diverse. This is because the GMP agreement with Switzerland, the strong power in the world’s pharmaceutical market, has made...

111 drug supply suspensions last year

There were 111 pharmaceutical products which were reportedly suspended last year due to various factors, such as failure in controlling supply and demand and profitability. Thus, the Ministry of Food and Drug Safety(...

JW Holdings acquires world’s first Japanese approval for early pancreatic cancer testing technology

JW Holdings was certified in novelty for its early pancreatic cancer diagnostic technology from the Japan Patent Office. JW Holdings(CEO Sung-Kwon Han) announced on the 7th that the company has acquired Japanese appr...

Boehringer Ingelheim Korea appoints ‘Stephen Walter’ as new CEO

Boehringer Ingelheim Korea announced appointment of Stephen Walter as a new CEO of the company as of 1 June. Stephen Walter has successfully contributed to growth of the company in the East Asian market as a general ...

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