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Government urged to drive generic use

As the rise in healthcare expenditure internationally has led to governments' implementing a variety of cost-containment policies, the Korean government needs to boost generic use by benchmarking Japan's successful ne...

Park Jae-yong named head of NHIC's finance committee

The National Health Insurance Corporation (NHIC) has nominated Park Jae-yong, a professor at Kyungbuk medical college, as the chairman of its financial committee until 2008. ...

DMF registration to apply all bulk drugs gradually until 2016.

The DMF registration for 77 ingredients was obligated and additionally 22 ingredients including Glimepiride should be registered under the subject of DMF controls until Jan. 2008. The DMF registration for all bulk dru...

Daewoong, GSK forge drug alliance

Daewoong Pharm said it will strengthen strategic ties with GlaxoSmithKline (GSK) over the local marketing of Naramig tab. (naratriptan), migraine medication. In a meeting hel...

Drug wholesalers and makers agreed for same pricing system.

The Pharmaceutical manufacturers and wholesalers council (head: Lim Maeng-ho) recently agreed in the meeting with attendance of leading OTC drug wholesalers that Kwangdong's "Wonbang Ssangwhatang" should be supplied a...

Korea United obtains process patent for ramipril

Korea United Pharms said it acquired a patent for manufacturing process of ramipril, an angiotensin-converting enzyme (ACE) inhibitor, which is unstable in a wide variety of physicochemical conditions. The inventio...

Dongwha celebrates 109th anniversary

On September 25, Donwha Pharm pledged to become the world's top pharmaceutical company in developing new drugs, marking its 109th anniversary. The company, which turn 109 thi...

New drug pricing policy in dispute

The Ministry of Health and Welfare will submit its revised drug reform bill to the National Reform Committee in an attempt to ensure the financial stability of the national health insurance scheme by cutting down the ...

Results of bioequivalent data fabrication to be released

The Korea Food and Drug Administration (KFDA) said it will unveil on September 28 the results of its ongoing investigation into 650 drugs from 1,250 bioequivalence-approved items, to check if pharmaceutical testing si...

Korea to integrate four major public insurances

The government plans to consolidate the nation's four major public insurances by 2009 as part of its plan to streamline the process of insurance services and better meet growing welfare needs. The government recent...

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