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HIRA clarifies screening results of cholesterol-lowering agents

The Health Insurance Review and Assessment Service (HIRA) reaffirmed its position over the results of lipid-lowering medicines, saying its assessment was made based on their clinical and cost effectiveness profiles. ...

Medical tourism, potential gold mine for Korea

Korea joins lucrative practice of inviting medical tourists to its Hospitals, according to an article issued on November 16 by the New York Times. The paper said that this country has joined Thailand, Singapore, In...

Civic group calls for strengthening drug safety regulations

The Korean Pharmacists for Democratic Society said on November 19 that the government will toughen rules on controversial safety of four medicines, as it is responsible for people’s health. The five drugs include tra...

Mundipharma Korea to recruit medical representatives and specialists

Mundipharma Korea YH will recruit medical representatives and specialists through its human resources recruitment program. Job seekers who were graduated or are scheduled to ...

Green Cross Corp. to raise Zenol price by 7.5%

The supply price of Zenol products, such as Zenol Cool and Zenol Top, will rise by 7.5 on average for the first time since 1998, according to Green Cross Corporation. “The price of these items remains unchanged but...

Use of generic drugs in hospital

The overall use of generic products in the hospital dispensing has been moderately increased, according to a local survey. In the survey of prescriptions issued between May 10, 2003 and October 13, 2008, Bundang Se...

Teva seeks to advance Korea’s pharmaceutical market

Teva Pharmaceutical Industries Ltd. is tapping the possibility to enter into the Korean pharmaceutical market in an apparent scheme to grab the lead in the domestic generic drugs market. Two Teva officials made a v...

Lilly Korea launches Byetta injections

Lilly Korea has launched Byetta (exenatide), the first in a new class of medications specifically created to treat type 2 diabetes. Byetta (5 mcg exenatide or 10 mcg exenatide) is indicated as an add-on therapy for...

Evaluation method of cholesterol-lowering agents lack rationale, civic groups say

Civic groups advocating consumer rights, including the Korean Pharmacists for Democratic Society (KPRS), said in a recent statement that Pfizer and AstraZeneca profiteered 30.7 billion won due to the Health Insurance ...

Abbott Korea gets award from civic group

Abbott Korea has received the Best Foreign Corporation Award presented by the Citizens’ Coalition for Economic Justice (CCEJ), a civic group working for economic justice, environmental protection and democratic develo...

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