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Health ministry plans to reduce incidence of cerebrovascular diseases by 2010

The ministry will reduce the number of deaths resulting from heart and cerebral disease from the current 77.2 to 60 per 100,000 deaths by 2010 under the comprehensive support plan,'' the Ministry of Health and Welfare...

Stocks of pharmaceutical industry skid

The recent bioequivalence testing scandal and the U.S.'s pressure on Korea's drug pricing in the health insurance system through free trade agreement have dealt a severe blow to share prices of major pharmaceutical co...

KFDA/KPTA to support drug exports

The KFDA will actively support the drug exports in association with local pharmaceutical industries. Director Moon Byeong-woo of KFDA Drug Administration Division took a meeting with the top executives of the Kor...

Pharmaceutical patent issue emerged as a key KORUS FTA agenda.

The pharmaceutical patent issues have been surfaced to the Korea and U. S. free trade agreement (FTA) as a key agenda. In a few round of the KORUS FTA talks in Washington DC, the U. S. side called for the patent to...

Self-discipline key to better health care

Self-disciplinary measures are crucial to enhancing better health service in the local health and medical service sector, a local professor representing the local five medical groups said on June 8. "The medical pr...

Hanmi plans to make public anti-obesity drug

Hanmi Pharm said recently that it plans to release a new drug to treat obesity in the latter half of this year. However, the exact launching date for the anti-obesity Slimmer (sibutramine mesylate) has yet to be se...

Choongwae borrows 34.8 billion won from local banks

Choongwae Pharm said on June 7 that it succeeded in bring in a total of 34.8 billion won from the Korea Development Bank's private equity fund (PEF) and Uri Bank in the form of capital investment. Choongwae Pharm e...

Korean drug pricing policy lacking efficiency and accessibility.

An opinion has been suggested that the drug pricing policy in Korea had kept relatively underestimating its economic efficiency and accessability compared to other advanced countries. Accordingly, the positive list sy...

Bill for penal power granting to medical and pharmaceutical groups.

The pharmaceutical supervision and its control power currently converged in the government seems to be empowered to the Ethic Commission of the Korea Pharmaceutical Association. Recently Rep. Moon Hee and Ahn Myeon...

Health functional food makers to be given more leeway in toll manufacturing

Local health functional food firms will be able to enjoy the toll manufacturing as the government plan to ease regulations, the Ministry of Health and Welfare said on June 8. Functional foods can be defined as food...

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