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Health insurance saves 33 billion won in medical costs last year
The national health insurance saved up to 33.2 billion won in 12 medical costs last year including medication costs (e.g., cerebrovascular agents and drugs for peptic ulcers) plus cone beam CT and extracorporeal shock...
Government to get tough on prescription of anti-ulcerants
The Health Insurance Review and Assessment Service said on July 15 that it will screen the proper use of all drugs intended for treatment of peptic ulcers during the latter half of this year as the corresponding medic...
Rules concerning biological products eased
The Korea Food and Drug Administration said on July 15 that some of the rules concerning the license of biological products, including biosimilars, have been eased for ameliorating unnecessary procedures in the screen...
Health ministry mulls more quotas for pharmacy college
The Ministry of Health, Welfare and Family Affairs is considering allocating more students to the quota for pharmacy schools nationwide as the heads of local pharmacy colleges want more quotas.
The ministry said it...
Foreign drugmakers utilize KPIC information
The Korea Pharmaceutical Information Service (KPIC) said that multinational companies in Korea tend to utilize more drug distribution related information than Korean companies.
In a briefing session with representa...
Concerns rise among smaller drugmakers
The nation’s small- and medium–sized pharmaceutical companies are struggling to survive from leading pharmaceutical firms taking a stronger hold of the local market with a number of blockbuster generic drugs.
Marke...
Government urged to intervene in orphan drug market
The government will need to promote the production and marketing of orphan drugs, such as Roche’s Fezeon, by securing a public fund, for domestic clients' wider access to drugs, according to a local professor.
In a...
44 hospitals prescribe less antibiotics in operations
A total of 44 hospitals, including Seoul National University Hospitals, Asan Medical Center and Samsung Medical Center, have prescribed less antibiotics to their patients for eight surgical operations, according to th...
Bayer Healthcare release multivitamin effervescent tablets
Bayer Healthcare said it has recently launched Berocca Performance Effervescent Tablets, boosting your energy levels and great for stressed and busy people.
Berocca Performance contains six essential B Group vitami...
FTA will hurt pharmaceutical sector
The successful conclusion of a free trade pact between Korea and the European Union is expected to deal a blow to the local pharmaceutical industry, according to the Korea Pharmaceutical Manufacturers Association.
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