All Type of News
Koreans visit hospitals 16 times per year
Koreans visited hospitals/clinics 16 days on average a year in 2006, more than twice from 1990, announced the National Health Insurance Corporation and Health Insurance Review Agency on December 13.
According to a ...
Three drug makers to issue 'new shares'
Korea's leading pharmaceutical firms Yuhan Corporation, Hanmi Pharm and Choong-wae Pharm has decided to issue new free shares at the ratio of 0.05, 0.05 and 0.03 per share.
Yuhan, Hanmi and Choong-wae will issue ...
Antioxidant will be top-selling pharmacy item in 2008, survey shows
The latest survey suggests that antioxidants (gamma-linolic acid, squalene, coenzyme Q10, grape seed oil) will emerge as one of the best-selling health foods at pharmacy next year.
The survey of 968 pharmacis...
Drug wholesalers, GSK face off over margin
Tension is escalating between GlaxoSmithKline and Seoul based drug wholesalers over GSK's desire to slash the current wholesaler margin.
When GSK made a notice on December 10 that wholesalers should respond to GSK ...
Pharmacists teams up with Lotte ConfectionaryThe Korean Pharmaceutical Association (KPA) says it has may sign a contract with Lotte Confectionary to sell mutually approved health supplements at pharmacies nationwide.
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New schizophrenia drug gets KFDA approval
The Korea Food and Drug Administration (KFDA) has approved Janssen Korea's Invega (paliperidone) extended-release tablets for treatment of schizophrenia.
A similar medication, Risperdal (risperidone), has been ava...
Handok launches all-out compliance program
Handok Pharm declared on December 12 the launch of a compliance program (CP) to step up its fair trade and ethics management with the proposed opening of the company's separate website at the yearend, while publishing...
Pricing policy for salt-modified medicines to make public next March
The government plans to establish its pricing criteria for salt-modified drugs on and about next March, according to the Ministry of Health and Welfare.
To that end, the ministry is now under close consultation wit...
Pharmaceutical industry potential
Korea's pharmaceutical industry is emerging as a new growth engine for exports, boosted by a huge amount of investment in new GMP facilities, according to the Korea Pharmaceutical Manufacturers Association.
12 dome...
GSK threatens to slash wholesaler margin
Domestic wholesalers in Seoul are worrying about GlaxoSmithKline's sudden notice to reduce wholesaler margins in parallel with GSK's internal management policy.
Seoul based wholesalers convened a special meeting to...
