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Pharmacy's monthly dispensing charges up 820,000 won in 3Q

The monthly average dispensing charge (deducting drug costs) per pharmacy reached 8.7 million won in the third quarter of this year, up 820,000 won compared with the same period last year thanks to more coverage of na...

Government urged to promote use of generic drugs

The government should focus on encouraging domestic drug companies to develop and market as many generic drugs as possible to reduce drug costs covered by National Health Insurance, instead of pursuing a series of pri...

Government's supporting policies for drug industry doubtful.

The government earlier nominated the pharmaceutical industry as a long term national industrial driving engine but in fact this policy seemed to go adversely or rather demolishing the whole industry. In view of i...

NHI reimbursement contracts unlikely to agree soon.

The NHI payment for the health services has not been accorded among all interested groups but may predict about 3% increases under a unified singular contract. NHI Policy Review Subcommittee (PRS) discussed a way...

AstraZeneca Korea accepts price cut of Iressa

AstraZeneca Korea said on November 24 it would not to appeal the ruling of the Seoul Administration Court, while accepting the readjusted price of Iressa (gefitinib) at 55,003 won per tablet to avoid any confusion of ...

Pusan to emerge as drug logistic center

West Busan Drug Logistic Park will be set up in Pusan in an effort to nurture drug logistics, according to the PuUlGyeong drug wholesalers association, a drug wholesaler group in Pusan, Ulsan and Geyongnam province. ...

NRC approves new drug pricing policy

The National Reform Committee (NRC) approved on November 23 the government's plan to allow only new and cost-effective drugs to be covered by national health insurance, according to the Ministry of Health and Welfare....

National Assembly members opposed to KFDA shut-down plan.

The Health and Welfare Committee of National Assembly decided to present their opposing opinions to the Ministry of Government Administration and Home Affairs (MOGA) against the revised government bill for the governm...

Government is likely to reduce generic price by 20%

The government will likely exclude drugs of low quality from the insurance-covered drug lists by reducing their prices by 20 percent in conjunction with the patent-off brands, dealing a blow to small and uncompetitive...

Janssen Korea, Samjin attack cold medicine market with new packages

As the safety containers for children should be equipped with the new pediatric drugs containing acetaminophen or ibuprofen, the domestic market for cold medicines will be contested by two markers Janssen Korea and S...

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