All Type of News
Concerns rise among Korean drug makers
The domestic pharmaceutical sector is expected to face an inevitable blow with multinational drug companies taking a stronger hold of the local market if the Korean drug price reform is implemented in October.
Some...
Korean drug price reform will hurt pharmaceutical sector
Korea's pharmaceutical sector could lose up to 3 trillion won if the government’s drug price reform plan takes into effect this October, according to the Korea Pharmaceutical Manufacturers Association.
The estimate...
Collapse of local pharmaceutical industry is national disaster
Rep. Paik Won-woo of the main opposition Democratic Party said that the "collapse" of the Korean pharmaceutical industry could become a "national disaster."
He added that the Korean drug price reform is nothing but...
OB&GY and surgery clinics down last year
The number of clinics specializing in obstetrics & gynecology, surgery and psychology was reduced last year, while that of ENT clinics was up, the Health Insurance Review and Assessment Service said on February 16.
...
Green Cross to deliver successful flu combat program in WHO meeting
Green Cross Corporation’s present Lee Byung-gun will announce the company’s successful anti-influenza A results in World Health Organization Consultation on the Composition of Influenza Vaccine for the Northern Hemisp...
Government seeks anti-rebate policy in October
For doctors who choose to get a discount on drugs rather than receive what are widely known as "rebates" from pharmaceutical firms in return for prescribing or recommending their products, the government will provide ...
Drugmakers oppose new drug-pricing plan
Pharmaceutical companies are vehemently opposing to the government’s plan to provide doctors with incentives in terms of pricing, which was made public on February 16.
The Korea Pharmaceutical Manufacturers Associa...
New drug-pricing system upsets drugmakers
Korean pharmaceutical companies are now dumbfounded by the government’s bold plan to uproot rampant illegal rebate activities in the pharmaceutical industry.
Under the plan, the government will pay medical institut...
Korea United likely to produce more products overseas
Korea United Co. will be able to manufacture more drugs in foreign production bases as the Korea Food and Drug Administration has recognized the comparative dissolution testing of metformin tablet to be imported from ...
Flexible small package system over drug eyed
The current small-package drugs system will be flexibly applicable to 2,200 medicines under mutual consultation between the Korean Pharmaceutical Association and drug makers, according to the Korea Food and Drug Admin...
