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Government urged to finance drugmakers

Korea has unveiled an ambitious vision to develop 15 new drugs through the creation of a large-scale R&D fund and undertaking clinical studies on behalf of local firms. The Ministry for Health, Welfare and Family A...

Health ministry supports anti-rebate plan

With the recent Korea Pharmaceutical Manufactures Association (KPMA)’s protest advertisements against the cash reward plan for doctors and pharmacists that would put mounting pressure to lower drug prices, the Health ...

Doctors prescribe 3.95 pills on average in latter half of last year

The Health Insurance Review Assessment and Service (HIRAS) said on April 8 that patients were prescribed with an average of 3.95 pills per hospital visit in the latter half of last year. Doctors in Japan prescribed...

Ildong wins local patent for donepezil HCl

Ildong Pharm said in a regulatory filing on April 8 that it has acquired a Korean process patent for donepezil HCl, an agent for the treatment of Alzheimer's disease. The innovated drug manufacturing technology con...

Government awards Green Cross

The government awarded on April 7 a Presidential Award to Green Cross Corporation, honoring its business achievements and contributions to the development of a vaccine against the influenza at a ceremony to mark the 3...

Guideline for chemotherapy generics to be formulated

The Korea Food and Drug Administration is considering drafting a guideline for approval of oral chemotherapy generics, including Xeloda (Capecitabine), as part of effort to encourage local drug makers to market them w...

Clinics prescribe less antibiotics against acute upper respiratory tract infection

The antibiotics prescription rate of clinics for treatment of acute upper respiratory tract infection plunged to 51.1 percent in the latter half of last year, down 5.17 percent from the same period of 2008, the Health...

KPA to return herbal drinks containing excessive contents of preservative

The Korea Pharmaceutical Association plans to return all herbal drinks exceeding the acceptable limit (0.06%) of a preservative. The move came after some media reported that some herbal drinks exceeding the accepta...

More fair, reliable criteria needed for cost-effectiveness of antihypertensive agents

The government will have to undertake controversial drug pricing and reimbursement policies despite opposition from pharmaceutical companies, according to the Korean Pharmacists for Democratic Society. The civic gr...

Concerns growing over profit-seeking hospitals plan

The government is moving closer toward allowing the establishment of profit-seeking hospitals here in a bid to improve the quality of medical services and strengthen the overall competitiveness of the domestic medical...

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