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Government pricing policy over lipid-lowering medicines stirs debate

The Health Insurance Review and Assessment Service (HIRA) announced on November 12 that it will readjust the prices of lipid-lowering agents based on weighed average price of simvastatin 20 mg (838 won). Foreign dr...

Price of Lipitor to be reduced by 25%

The Ministry of Health, Welfare and Family Affairs says health insurance price of Lipitor 10 mg (atorvastatin) will be reduced from 1,290 won to 930 won. For the assessment and cutbacks of the drug price the minist...

Drug patent dispute to get fiercer

Patent dispute for pharmaceuticals will get fiercer as many Korean drug makers are rushing to introduce first generic versions of original brands whose patents are to be expired, with hope of acquiring large share of ...

National Assembly negative about government’s plan for RFID system

National Assembly’s Health and Welfare Committee has expressed skepticism over the government's plan to introduce the radio frequency identification (RFID) system or smart sensor technologies in drugs and foods, start...

Estech signs drug export deal

Local active pharmaceutical ingredient (API) maker Estech Pharma signed a contract with India's largest pharmaceutical company on November 10 to export Planlukast, an antiarthmatic medicine. The deal with Ranbaxy ...

Incentive drugs for substitute dispensing top 3,923

A total of 3,923 incentive drugs, which have been endorsed by bioequivalence tests, are available for substitute dispensing as of October 2008, up 213 items compared to 3710 in July, according to data released by the ...

KPMA to root out illegal rebate provision

Members of the Korea Pharmaceutical Manufacturers Association have rolled up their sleeves to stamp out undue rebate provision, citing some common types of unfair practices such as price fixing, illicit inducement of ...

Health providers back deregulation of health insurance polices

The current health insurance system isn't set in place mainly due to biased medical security system, said the nation’s health providers. A statement, which was issued on November 11 by the nation’s five health prov...

Government to overhaul safety rules in university’s laboratory

The government will overhaul safety-related rules on laboratory facilities of university or research institute to make them “better'' for researchers, the Ministry of Education, Science and Technology said on November...

20 percent of office workers take vitamin C drink to get over fatigue

20.6 percent of Korean office workers take vitamin C drink every day to overcome fatigue or laziness, a survey showed. They feel that vitamin C drink. This means that if they feel lazy, then it's better take a vita...

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