All Type of News
Government, “There is no sudden raise of insurance contributions due to coverage strengthening”
Concerning a sudden raise of health insurance contributions caused by inadequacy in securing financial resources, the government answered that it will manage finances around KRW 10 trillion that is similar to 1.5-mont...
Pharmaceutical distribution companies’ concerns in recruiting employees
Pharmaceutical distribution companies were observed to have a difficult time in supplying and demanding human resources.
According to the industry concerned, a concerning voice was slowly being made that the industry...
‘Popular’ pouched sticks for children syrupsLaunched as a pouched stick, syrups for children have attracted attention of consumers.
These cold syrups are Dong Wha Pharm’s ‘Kids Whal Myung Su,’ Dong-A Pharm’s ‘Champ Syrup...
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Green Cross manufactures and Roche Korea imports biologics the most
Green Cross, a blood preparation and vaccine company, was ranked the top in production with s KRW 506.8 billion manufacturing performance of biologics last year. Moreover, a foreign company which imported biologics th...
Financial Gain & Expenditure Report pressures small & medium pharmas
If a pharmaceutical company(or medical device manufacturer) provides financial benefits to healthcare providers, it must write and store a report for them, and if Minister of Health and Welfare(MOHW) asks for this, th...
Even with coverage strengthening policy, government to be careful for application of drug price with selective benefits
While announcing a plan to strengthen the National Health Insurance coverage by extensively enlarging insurance benefits, the Ministry of Health and Welfare emphasized a strategy to carefully approach drug price witho...
Government grants insurance benefits to all the uninsured medical services by 2022The government announced to grant health insurance benefits to all the uninsured services(excluding beauty and plastic surgery) in a form of preliminary benefits by 2022.
For d...
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Celltrion manufactures most pharmaceutical ingredients of KRW 413.9 billion
It was observed the last year’s manufacturing performance of active pharmaceutical ingredients was increased by 18% to KRW 2.4932 trillion compared to the year before.
Moreover, a company which manufactured pharmaceu...
Nagoya Protocol takes effect on 18th, impacting natural drug companies
The Nagoya Protocol on Access and Benefit Sharing(ABS), which regulates constraints to share benefits of using genetic resources, will take effect on the 17th of August.
According to the ABS, a country using genetic ...
Ordinances for Genetic Resource Law decided at Cabinet meeting to follow Nagoya Protocol
The Ministry of Environment(Minister Eun-Kyung Kim) announced a revision bill to enforcement ordinances to smoothly enforce the ‘Law for Access to Generic Resources and Benefit Sharing’ was decided at the Cabinet meet...
