All Type of News
President Lee replaces 3 ministersPresident Lee Myung-bak named new ministers of welfare, education and agriculture in a partial reshuffling of the Cabinet on July 7.
The reshuffle came nearly a month after L...
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New prescription plan unlikely to be implemented sooner or later
A new prescription plan, under which doctors will be required to prescribe the actual chemical agent instead of the name of a specific drug product as they do now, will be delayed for a prolonged period of time.
Ka...
Concerns growing over higher pharma raw material prices
The prices of pharmaceutical raw materials, rising at a faster-than-expected pace this year, have forced drug makers to re-establish their marketing plan for each of ethical products.
Pharmaceutical firms are in di...
119 hospital unions to stage general strike
The Korea Health & Medical Workers’ Union says its 119 hospital unions nationwide will take part in the walkout on July 23. They are scheduled to vote on whether to stage a strike this year on July 16.
The union de...
Purchase of nutrition products containing ED-related substances to be prohibited
A Korean health watchdog plans to ban purchase of functional health foods containing substances to treat erectile dysfunction (ED), similar to sildenafil, adalafil and vardenafil in chemical structure as part of effor...
AIDS patients face Roche’s resistance over Fuzeon price
The price of Fuzeon, a new drug for AIDS, will be unlikely determined sooner or later since Roche, the maker of the drug, is calling for a more “profitable'' price, while patients are asking for something that is affo...
Battle looms over topical anti-inflammatory medicine market
Mentholatum Korea and Boryung Pharm are set for a fresh battle for leadership in the domestic topical anti-inflammatory drug sector.
Boryung says it has started shipping its new spray form of Mendamneo in addition ...
Wholesalers struggling to boost OTC sales
Drug wholesalers have recorded sluggish earnings growth over the previous months on poor demand for OTC products.
Moreover, they are finding it increasingly difficult to boost their OTC products amid growing inven...
Hyundai launches immediate release allergy pillHyundai Pharm has marketed its immediate release form of Allerzone (cetirizine HCl 10 mg), a widely used allergy treatment, can be absorbed into the body as quickly as the origi...
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Nutritional products, main revenue source of multilevel marketers
The combined sales of domestic leading 10 multilevel marketers amounted to 1.4 trillion won last year, according to data released by the Fair Trade Commission.
The data found that sales of nutritional supplements (...

