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Health insurance finance surplus surpasses 3 trillion won

The National Health Insurance Corporation said on June 17 that it recorded a cumulative surplus of 3.2 trillion won in the January to May this year. However, the corporation said it will not use any of its profit r...

Mindset change needed to foster domestic pharmaceutical industry

There are growing voices in the industry that Korean pharmaceutical companies should focus more on the distribution sector by maintaining a closer relationship with pharmaceutical wholesalers. Multinational pharmac...

KMAP President under fire

The recent remarks of Kyung Man-ho, president of the Korean Medical Association (KMA), is drawing harsh criticism. In an interview with a local daily newspaper, Kyung said that he will prioritize upgrading doctors'...

Samjin raises sales target over 3 medicines

Samjin Pharm has raised its sales target of three drugs, such as antiplatelet agent ‘Platless (clopidogrel)’, antihypertesive ‘ARB’ and anti-dementia drug, in the domestic market for this year as these products will b...

Health insurance coverage to be expanded

Coverage for drugs for hepatitis B, rheumatism, anemia, breast cancer will also be increased, and coverage for severe burns and tuberculosis will also go to over 80 percent from next year, thanks to the government’s p...

Concerns growing over tougher rebate regulation

There are mounting concerns that newly formulated industry's guidelines for fair trade will limit the marketing scope of domestic pharmaceutical firms. Health Minister Jeon Jae-hee expressed the government's strong...

Choong-wae to conduct Phase 3 trial over new biological therapy, Actemra

Choong-wae Pharm said on June 17 that the Korea Food and Drug Administration has approved Phase 3 study of Actemra (tocilizumab), to treat patients with rheumatoid arthritis (RA). The company entered into an exclus...

Handok to introduce transdermal continuous glucose monitoring system

Handok Pharm announced on June 15 that it has signed a license agreement with the US based Echo Therapeutics, Inc., under which Echo granted Handok to market, sell and distribute Echo's Symphony™ tCGM (transdermal Con...

New Accu-Chek Active goes on sale

Roche Diagnostics Korea held its recent launching symposium of an updated version of Accu-Chek Active (model No. GC) at Plaza Hotel in Seoul. The new Accu-Chek Active is a compact, convenient and precise device whi...

Health ministry mulls hike of pharmacy school quota to 1,566

The pharmacy school quota will be expanded to 1,566, an increase of 350 from the originally fixed number of 1,216 at 20 schools of pharmacy nationwide, when the 2010 school year opens, according to the Ministry of Hea...

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