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Local drugmakers oppose hospital incentive plan

The Korea Pharmaceutical Manufacturers Association (KPMA) and the government have clashed over a new incentive plan, under which a medical institution can get paid the rebate by the government when the institution pur...

Novartis to offer financial and technical support for local biopharmaceutical firms

“Novartis are willingness to provide necessary financial and technical support for local start-up drug makers in the bioscience sector,” said Peter Jager, chief executive of Novartis Korea and chairman of the Korean-b...

Kim ku reelected chairman of Korea Pharmaceutical Association

Kim ku, an incumbent chairman of the Korea Pharmaceutical Association, has been reelected as the association’s 36th chairman in low turnout, the KPA election committee said on December 10. Kim was in a competition ...

Company’s cold treatment discourages pharmacy business salespersons

With the year-end approaching, some pharmaceutical companies have shifted soon-to-be retired persons involved in hospital business into pharmacy business. This measure has perplexed pharmacy oriented senior salespe...

Kuhnil to develop new antiulcer drug

Kuhnil Pharm is making its intensive efforts to develop an investigational antiulcer drug for the treatment of gastrointestinal disturbances induced by non-steroidal anti-inflammatory drugs, the government officials s...

Injectable forms should be included in Drug Utilization Review system, pharmacists say

Injectable forms in addition to oral dosage forms should be additionally included in the Drug Utilization Review (DUR) system to ensure maximization of the system, the Korean Pharmaceutical Association said on Decembe...

Government urged to introduce post-bidding ex post facto system

The government will need to consider ex post facto system following hospital tenders as part of measures to lower drug prices, instead of sticking to the controversial hospital incentive system, according to market an...

Government urged to reform payment system to foster high quality health care

Government should adopt evidence-based case rates (ECR) system to determine the total resources required to deliver clinically appropriate care, according to a local professor. Professor Kim Jin-hyun of Seoul Natio...

Government to approve sales of locally produced vaccine with adjuvant

The government is likely to give the green light to a local pharmaceutical company to sell the nation's first vaccine for type-A (H1N1) influenza sooner or later, Korea Food and Drug Administration said on December 8....

Samsung launches tea-type cold drug

Samsung Pharm has recently released PantoFlu, a powder fom of over-the-counter cold and flu medicine, which is mixed with hot water and then consumed as a beverage. PantoFlu contains different groupings of various ...

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