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Trade deficit declines in pharmaceutical products
Korea’s trade deficit in drug related businesses is showing a downward trend in the first half of this year due to sluggish demand for imported raw materials, a local organization said on August 27.
According to th...
Asbestos-contaminated drugs to be scrapped
The Korea Food and Drug Administration said on August 31 it will direct pharmaceutical companies to discard 1,104 drugs that are confirmed to have used talc or talcum powders with asbestos.
Under the environmental...
Pharmaceutical wholesalers fight for survival
The Korea Association of Pharmaceutical Wholesaler (KAPW) is making all-out efforts to thwart entry of Samsung Moolsan in the local drug logistics business.
The association said the Small and Medium Business Admini...
Boehringer Ingelheim Korea releases Antistax leg vein health capsule
Boehringer Ingelheim Korea said it has launched Antistaxⓡ, a natural food supplement which can help maintain leg vein health.
Antistax comes in small, easy to swallow red capsules containing a unique extract of red...
Patent office mulls compulsory license over Tamiflu
The Korea patent office said on September 1 it is willing to consider taking a compulsory measure that stops the patent period of Tamiflu, when the Ministry of Health, Welfare and Family Affairs declares a state of em...
SNUH seeks 4.0 billion won in medical fee suit
Seoul National University Hospital said it will continue to lodge a suit against the government’s cutback of 4.0 billion won in its unpaid medical fee since 2001.
The hospital decided to appeal the case to the Supr...
Growing demand over Relenza
Due to growing concerns over the rapidly spreading H1N1 flu virus, many pharmacies are making efforts to secure a sufficient supply of treatment drugs, including GlaxoSmithKline’s antiviral drug Relenza, for their sto...
Government urged to improve medical service charges
The government will need to ameliorate the current health and medical system under which doctors are obliged to face low medical service fees, a doctor said.
“Rebates are illegal but take place because there is de...
2,410 cases of Tamiflu dispensed
Health authorities confirmed that a total of Tamiflu dispensing was made between August 21 and 30.
On August 24, the Ministry of Health, Welfare and Family Affairs designated 455 hospitals and pharmacies nationwide...
Government urged to scrap low-priced incentive system
Pharmaceutical firms and wholesalers have rolled up their sleeves to stop the controversial low-priced incentive system.
The incentive system means that when a medical institution purchases a drug whose price is lo...
