All Type of News
Hospital outsourcing to be expanded
Outsourcing by domestic hospitals is expected to be expanded rapidly as many hospitals put more emphasis on policies for cost effectiveness and intensive investment toward core sectors.
The Korean Hospital Associat...
Korean's annual hospital visit days higher in OECD
Koreans were found to have higher frequency of hospital/pharmacy visits among advanced countries.
The average frequency of hospital visits among Koreans was 10.3 days, when compared to 7.3 days observed in the Orga...
Rational implementation of new drug pricing policy analyzed
Representatives of different fields held a panel discussion on the government's drug pricing measure at Chosun Hotel on October 17. The measure included a so-called "positive system," which allows drugs approved by th...
4 in 10 drug wholesalers still rejecting to deal with Zuellig.
4 in local 10 drug wholesalers still showed a strong rejection in dealing with Zuellig, claiming that a sort of harsh policy should be imposed to Zuellig.
The Korea Pharmaceutical Wholesalers Association (KPWA) con...
Korea drug industry highly interested in Vietnam markets.
Quite a number of local drug companies are trying to enter their business into the Vietnam as a bridgehead for the South East Asian markets. The company included Shinpoong, Korea United Pharm., Phil International, Dae...
Top 100 pharmacies occupy 7.7% of national drug dispensing outlays
The top 100 pharmacies, merely 5.2 percent of the total pharmacies nationwide, accounted for 7.7 percent of the total pharmacy dispensing expenditure amounting to 3.9 trillion won in the first half of this year, accor...
Vaccines to compete for more customers
GlaxoSmithKline and Merck & Co., two of the world's biggest medicine companies, will be in a competition in Korea over their main vaccines cervical cancer vaccines and rotavirus vaccines. Both companies believe their...
Positive list system never replaceable with prescriptions in generic names.
Rep. Moon Hee, the chairperson of the Family Council, and a member of the National Assembly Health and Welfare Committee, expressed a harsh opposition to the NHIC's claims in the parliamentary inspection of the govern...
Korea pledges to protect pharmaceutical market in FTA talks
The Ministry of Health and Welfare (MOHW) said recently that it would exert all-out efforts to shelter the Korean pharmaceutical market after the enforcement of the proposed Korea-U.S. Free Trade Agreement (FTA).
...
FTA will hurt pharmaceutical sector
A report released on October 16 said Korea's pharmaceutical sector could lose up to 1 trillion won if a U.S.-Korea free trade agreement goes through.
The estimated losses are based on an assumption that if the U.S....
