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Korea’s medical spending totals 35.3 trillion won last year

Korea’s medical expenditure amounted to 35.36 trillion won last year, up 8.6 percent compared with 32.25 trillion won a year earlier, according to the Health Insurance Review and Assessment Service. Senior citizens...

Henkel Korea teams up with CJ to promote insecticides business

Henkel Korea and CJ CheilJedang are to carry out a joint marketing campaign to boost insecticides business in local pharmacy market. The partnership is expected to help promote Henkel’s flagship products – Homekeep...

Janssen’s new prescription pain treatment to be available in March

Janssen Korea says Jurnista prolonged-release tablets (hydromorphone HCl), a new prescription treatment for severe pain, will be available here in March, under health insurance coverage. Jurnista was developed by A...

Bausch & Lomb names sales head in Korea

Bausch & Lomb South Asia Inc has hired Kim Yeo-jin, former executive of AstraZeneca Korea, to lead its Korea business operations “Kim is expected to play a central role in optimizing our product portfolio with ins...

Civic group calls for re-nomination of drug screening committee

A civic group People’s Solidarity for Participatory Democracy and other civic groups denounced on February 20 the Health Insurance Review and Assessment’s recent nomination of its newly launched drug screening committ...

KFDA to simplify clinical trial procedures over medical devices

The Korea Food and Drug Administration has unveiled its plan to simplify procedures pertaining to clinical trials of medical devices, such as omission of clinical research organization’s compulsory approval as part of...

CJ to join stem cell business

CJ CheilJedang, a local conglomerate in foods, plans to join the cord blood derived stem cell projects, co-promoted by the Seoul Special City and Seoul National University (SNU), led by professor Kang Kyung-sun. Th...

Dongwha recruits female executive

Dongwha says it has recently appointed Professor Choo Young-shil, Eulgi medical college, as new executive managing director. Choo becomes the first female executive in the company since its 112-year foundation. ...

Samil to increase Zyrtec price by 10%

Samil Pharm plans to increase its supply price of Zyrtec tablets and liquids (cetirizine hydrochloride) from this April by about 10 percent except for Zyrtec Plus, saying its price hike is inevitable due to the Korean...

KPMA head likely to stay

Ahnkook chairman Ur Choon-sun is likely to be re-nominated as new chairman of the Korea Pharmaceutical Manufacturers association In the board of directors' meeting on February 20, Ur was nominated as the new KPMA ...

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