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New drug center to open

Professors and pharmaceutical firms' CEOs will join hands to establish a profitable organization to develop new drugs by the year 2010. Seoul National University announced it...

National insurance covers 25 new drugs in 2007

The National Insurance covered 25 new medicines from 109 new drugs seeking insurance under the so-called positive list system last year, under which only medicines proven effective but also price-competitive will be c...

New warning for Champix

The Korea Food and Drug Administration said it has called for increased awareness of the health risks of the smoking cessation drug Champix (varenicline). To that end, the administration has requested Pfizer Korea,...

GSK margin policy under fire

The Pharmaceutical Development Consultative Committee has re-criticized the current wholesaler margin policy of GlaxoSmithKline. In a morning gathering in February 11, the Committee Chairman Moon Jong-tae said that...

BMS Asia-Pacific Medical Chief named

BMS Korea said it has nominated Ahn Jong-ho, medical director, as its Asia-Pacific medical chief as of February 1. Ahn, 44, will assume neurological affairs and multinational...

Optional dispensing plan to reignite hot debate

The optional dispensing plan will re-trigger a hot debate in the medical and pharmaceutical camps, according to the Ministry of Health and Welfare. The ministry said the next government is likely to revamp the curr...

Concerns growing over multinationals' movement

A series of withdrawals by foreign drug manufacturers from the Korea Pharmaceutical Manufacturers Association has sparked concerns over the possible showdown between domestic and foreign drug makers. It is unclear ...

Health ministry to issue electronic license for medical personnel

Electronic licenses will be soon issued to new doctors and pharmacists who passed the state-run examinations this year, according to the Ministry of Health and Welfare. The move comes as doctors and pharmacists hav...

Ildong launches Medifoam Silver, antimicrobial silver wound dressings

Ildong Pharm says it has launched its new antimicrobial silver wound dressings that combines sustained release antimicrobial silver with highly effective moisture management mat...

NSAID patch, Diclo, launched in Korea

Chong Kun Dang Pharmaceuticals has launched Diclo, a transdermal patch containing diclofenac diethylammonium, a non-steroidal anti-inflammatory drug for the treatment of musculo...

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