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Pharmaceutical industry output grows 9.1 percent
Drug output grew at a brisk pace last year even amid sluggish domestic consumption and corporate investment as consumers tightened their belts against the global economic slowdown.
According to data released by the...
Leading drug makers to boost cleanup drive
Korea’s 10 leading manufacturers will step up its fight against chronic illegal rebate practices whereby doctors and pharmacists receive money from drug makers in return for prescribing or recommending their products....
Inbound tourists for medical treatment rise by 41.3%
The Ministry for Health, Welfare and Family Affairs said on June 22 that a total of 1,061 foreign patients made their visits to Korean hospitals in May, up 41.3 percent from the same month last year
The health mini...
Government mulls incentives to more research-oriented pharmaceutical firms
The government will also provide tax and other regulatory incentives if pharmaceutical firms are willingness to spend sizable research and development investments, according the Ministry for Health, Welfare and Family...
Government to strengthen safety container regulation
Pediatric drugs containing loperamide, naproxen and ketoprofen, should be compulsorily equipped with the safety proof containers in addition to iron, aspirin, acetaminophen, ibuprofen, according to the revised pharmac...
Stability of antibiotic baby syrup questioned
The stability of antibiotic baby syrups in dried form is strictly regulated by the Korean Pharmacopeia, but there have been a growing number of consumers’ complaints against the discoloration of these syrups since 200...
KFDA warns sudden death risk on ADHD drugs
The Korea Food and Drug Administration has recently issued a caution to medical doctors and pharmacists about prescribing attention deficit hyperactivity disorder (ADHD) drugs, such as methylphenidate.
A new study ...
Ahngook to release new antitussive drug
Ahngook Pharm plans to launch Anycough capsule (theobromine) from next month.
“Our accumulated data indicate the actions of theobromine appear to be peripherally mediated. We conclude theobromine is a novel and pro...
Fast and accurate detection of swine influenza using Seegene’s Seeplex
Seeegene, Inc., a local biotechnology company specialized in molecular diagnostics and research applications, said on June 12 that the Seoul National University Hospital confirmed additional patients with H1N1 influen...
Discard of asbestos-contaminated talc medicines to stir debate
So far, about 1,100 medication items produced by 120 companies have been recalled and discarded as originally planned, according to the Korea Food and Drug Administration.
Still, the pharmaceutical industry expects...
