All Type of News
Government to implement new DRG
The government plans to implement new diagnosis-related group (DRG) at Ilsan Hospital under the umbrella of National Health Insurance Corporation on a trial basis from April 20, this year to June 30 next year, accordi...
Medical representatives facing ‘survival game’
Now that the government has banned distribution of products containing talc contaminated with carcinogenic asbestos, medical representatives in pharmaceutical firms are confronted with another survival game.
As doc...
Government urged to shorten screening period of new medical devices
The Korea Health Information Policy Institute of Seoul National University’s health graduate school has called for the government to shorten the evaluation period of new medical devices so that Korean manufacturers ma...
Shinpoong stocks surge 15%
Shinpoong Pharm surged by the daily limit of 14.97 percent to end at 23,850 won on April 15.
“The increase of Shinpoong’s stocks came as investors raked in underestimated shares for large capital gains in the midst...
Foreign drug manufacturers call for simpler price assessment procedures over new drugs
Representatives from the Korean Research-based Pharmaceutical Industry Association (KRPIA) said on April 15 that the Korean government will have to overhaul the current positive list system by incorporating the screen...
LG Life Sciences begins work on new plant in Osung complex
LG Life Sciences will build a new medicine plant in Osung’s life science complex, North Chungcheng Province on April 15.
The plant, on 160,500 square meters of land with 200 billion investment, will be equipped wit...
Kuhnil, SNU to set up STH Pharm
On April 14, Kuhnil Pharm and SNU Techno Holdings signed a memorandum of understanding to establish Seoul Techno Holdings (STH) Pharm, shedding light on the prospect of turning research activities into lucrative busin...
Hemophilia affects 1,975 Korean people
A total of 1,975 people in Korea have suffered from hemophilia last year, showed a report released by the Korea Hemophilia Association.
According to the report on the hemophilia prevalence rate in 2008, the number ...
Three Korean firms’ March sales up 20 percent
The domestic industry’s top players - Dong-A Pharm, Yuhan Corporation and Chong Kun Dang Pharm – saw a steep hike in March sales on the back of their generic releases, according to market analysts.
Boosted by robus...
Drugmakers to file damage suit
The Korea Pharmaceutical Manufacturers Association said on April 14 that a total of 27 pharmaceutical companies would file a joint suit against the drug authority for having hastily banned sales of drugs without a tho...
