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Rising cancer medication costs burden health insurance

Korea has been facing a headache with soaring medication spending on cancer treatment since its national health insurance coverage expanded from 2006. The Health Insurance Review and Assessment Service’s data found...

Zuellig Korea faces bumpy road over sales

Rough sailing is expected in the sales of Zuellig Korea as wholesalers are showing sign of avoiding medicines supplied by Zullig Korea. Sources say many wholesalers are reluctant to purchase Zuellig products due to...

Treatment for premature ejaculation to hit market

Korean men with premature ejaculation will be able to prevent premature ejaculation, a distressing sexual dysfunction that can be present from the first sexual encounter or can develop later in life, within this year....

LG CNS to provide telemanagement service to 4,000 medical institutions

LG CNS, a local IT service company, plans to provide its telemanagement service ‘Touch Doctor’ to 4,000 hospitals and clinics across the nation, following its collaboration with large hospitals, such as Yonsei Medical...

Validation on OTC products to take place in July

Pharmaceutical firms are required to conduct validation procedures on over-the-counter medicines from this July on a mandatory basis. Sources say such obligatory validation rules on OTC products will help expel a n...

Government urged to promote domestic pharmaceutical industry

Domestic pharmaceutical companies have called on the government to boost the local pharmaceutical industry through the passage of a pharmaceutical promotion act. A public hearing is scheduled to be held in the midd...

Korea University to set up pharmacy college

Korea University plans to check the feasibility of establishing a pharmacy college. The idea of setting up the pharmacy college was make public by President Lee Ki-soo of Korea University at a Seoul Press Center fo...

Green Cross signs drug export deal

Green Cross Corporation has signed a contract with an Iranian company to export its newly developed medicine ‘Green Gene’ to cure hemophilia type A. The first deal in the scale of $4.2 million will pave the way for...

Limited insurance coverage on ADHD medications

Doctors should carefully prescribe medicines for treatment of attention deficit hyperactivity disorder (ADHD) per different age groups as those aged over 19 and under 65 years are excluded from health insurance benefi...

Government’s plan to sell drugs at supermarket to be delayed

It will take some time for people to buy digestion pills or cough drops at nearby drugstores or convenience stores as the Ministry of Strategy and Finance plans to delay its plan to allow such medicines to be sold alo...

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