News About: Goverment
Hepatitis B market getting heated
Competition is about to heat up in the domestic anti-hepatitis drug market as Gilead Sciences’ Viread (tenofovir disoproxil fumarate), which has been launched here from Dec. 1, is expected to expanding its share of th...
Clinics, pharmacies irked by inconsistent credit card fees
Small businesses, such as clinics, pharmacies and small vendors, feel nettled by what they see as discriminatory credit card charges, which will go into effect from Dec. 22.
While small shops and restaurants succee...
More drugs should be covered by national health insurance
Currently, the government allows the national health insurance to cover only cost-effective drugs to reduce snowballing medication costs as an increasing number of patients are taking more expensive and diverse drugs....
3Q national health insurance in the black
The National Health Insurance Corp. (NHIC) said Thursday that the national health insurance fund was 487.3 billion won in the black during the third quarter of the year.
The corporation’s total income from January ...
Government urged to introduce fixed budget system for pharmaceuticals
Korea needs to introduce a fixed drug budget (FDB) by stages in a bid to curb the ever-increasing drug expenditure, the National Health Insurance Corporation said.
Under the increasingly constrained health budget s...
Government urged to take tougher distribution standards on first-aid products
A total of 11 over-the-counter drugs including analgesics and painkillers will be sold at 24-hour convenience stores around the country starting Nov. 15.
However, the Korea Pharmaceutical Wholesaler Association (KP...
Two drug firms sanctioned for illegal rebate
The Korea Food and Drug Administration ordered Ilsung Pharm and Aju Pharm to stop sales of some drugs for one month.
Accused of providing money to doctors and pharmacists in return for prescriptions and drug order...
KMA, health ministry poles apart over medical fee
Without a doubt, the tension between the Ministry of Health and Welfare and the Korean Medical Association (KMA) is culminating this week.
Currently, doctors are demanding more say in deciding medical fees and are...
Gemiglo, Viagra included in green list with drug patents
The Korea Food and Drug Administration has recently said that in November, a total of 216 drug products, including LG Life Sciences’ Gemiglo, Pfizer’s Viagra and Dong-A Zydena, were included in its green list, which c...
Health insurance to cover 159 drugs
The Ministry of Health and Welfare announced Thursday that a total of 159 drugs including Gilead Sciences’ Viread (tenofovir disoproxil fumarate) will be newly covered by national health insurance from December 1.
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