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European Union approves blood thinner prasugrel

The European Commission granted marketing authorization for the blood thinner prasugrel, which will be sold in Europe under the brand name Efient, according to Eli Lilly and Daiichi Sankyo who developed prasugrel. ...

Health ministry seeks to modernize National Medical Center

The National Medical Center (NMC), under the umbrella of the Ministry of Health, Welfare and Family Affairs, will be reborn as a special medical institution under the recently revised laws. The institution will be ...

Prices of popular OTC brands to rise

The retail prices of popular OTC brands, including Ildong’s Aronamin Gold and Dongwha’s Aphtouch, are expected to rise sooner or later due to falling Korean won. Customers have seen many OTC prices jump by 6-15 per...

Daewoong to hire 120 interns

Daewoong Pharm and its affiliated companies plan to hire a total of 120 interns in return for lowering wages of executives and existing workers as part of efforts to promote job sharing. To this end, Daewoong execu...

Isopropylantipyrine to be banned for children under age 15

Sales of isopropylantipyrine (IAP)-containing OTC cough and cold drugs for children less than 15 years of age should be banned, said the Korea Food and Dug Administration’s Central Pharmaceutical Deliberation Committe...

58 pharmaceutical firms utilize drug statistics, HIRA says

A total of 58 pharmaceutical companies requested the Health Insurance Review and Assessment Service (HIRA)’s drug information center to provide distribution related statistics of 577 medicines last year, it was announ...

Health ministry to get tougher on medicines in pregnancy

Doctors or pharmacists will not be allowed to prescribe or dispense any medicines deemed to be unsafe during pregnancy as part of firmly establishing drug utilization review (DUR) system, according to the Ministry of ...

4 of 10 Koreans taking vitamins and nutrition supplemental products

46 percent of Korea consumers take vitamins and nutrition supplemental products every day, while 57 percent of Japanese consumers select them daily, according to the Nielsen Company, a global information and media com...

Pacific signs exclusive agreement with Shire over mesalazine

Pacific Pharm announced on March 2 that it entered into an exclusive agreement with Shire Pharmaceutical Ireland Ltd. to locally distribute a novel dosage form of mesalazine using a drug delivery system. Its launch...

HIRA to evaluate economic effectiveness of 742 medicines in second quarter

The Health Insurance Review and Assessment Service has recently announced that a total of high-priced 742 drugs from 619 ingredients will be subject to its economic feasibility assessment in the second quarter of this...

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