All Type of News
NHIC, Novartis unable to agree on Glivec price
The National Health Insurance Corporation (NHIC) and Novartis Korea adjourned on April 6 two occasion of price negotiation over Glivec with no agreement on how to cope with “reasonable” price.
Now all eyes are on t...
Korea needs to narrow income gap between large and small hospitals
A number of patients are more eager to visit large hospitals, widening the income gap between general hospital and clinics, according to a lawmaker who cited the data submitted by the Health Insurance Review and Asses...
Trading asset-backed securities are available in pharmaceutical industry
Starep Corporation announced that it has developed a new asset-backed security (ABS) to pool the underlying assets of 30 billion won in the account receivables of pharmaceutical firms.
The company said that pooling...
New bill fails to satisfy pharmacists
Rep. Bae Eun-hee of the ruling Grand National Party has proposed a new draft of the revised Medical Law that includes increase of fines over improper or falsified reports.
However, pharmacists released a statement ...
Concerns are growing over asbestos-containing products
The Korea Food and Drug Administration said on April 6 that it has banned the sale of cosmetics maker Locean's five products containing asbestos
The KFDA banned sales and distribution of the products and issued an...
13 original drugs to be lowed by 20%
The insurance prices of 13 original medicines will be reduced from April 15, according to the Ministry of Health, Welfare and Family Affairs.
These medicines subject to price-cut include Handok Pharm’s Actonel (ris...
Government to carry out second DUR plan
The Ministry of Health, Welfare and Family Affairs plans to adopt the second drug utilization review (DUR) plan on a trial basis from next month to November this year in Koyang, Kyunggi Province.
320 pharmacies and...
Korean scientists claim new alcoholic fatty liver drug possible
Korean scientists claim to have developed a natural drug derived from magnolia extracts (SPA002 and SPA005) that they say could bring innovations in the treatment of alcohol-induced liver disease.
In a study publis...
PELD effective for recurrent herniation
Percutaneous endoscopic lumbar discectomy (PELD) is effective for recurrent disc herniation in selected cases, according to a local doctor.
Dr. Ahn-young, director of Wooridul Spine Hospital in Daegu, said that the...
KFDA to strengthen safety regulations of biological products
The Korea Food and Drug Administration said on April 2 that it will toughen quality control rules on the safety of biological preparations (e.g., vaccines, blood products and antitoxins) as well as their raw materials...
