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MOHW 2006 total budget at 10,414,400 million won.

According to "the outline of 2006 budget" of the MOHW announced on Jan. 11 by the MOHW, the total MOHW budget in 2006 increased 10% from the previous year at 10,414,400 million won including 9,706,300 million won of g...

Daejeon regional KFDA to punish 43 drug companies.

Daejeon regional KFDA inspected drug companies during the 4th quarter last year and charged 43 companies including Dong-A and LG Life Science to suspend production or cancel the product registration on charge of poor ...

Nexgen to join WHO's R&D project for rabies antibody

Nexgen, a plant genetic engineering venture company, announced on Jan. 10 about their participation in the WHO's project for the rabies antibody development by the use of plant as a part of "Pharma-Planta consortium" ...

KHMPA to support disclosure of lavish antibiotic prescriptions.

The Korea Han Medical Practitioners Association(KHMPA) strongly claimed that the list of the medical institutions lavishly prescribing antibiotics should be disclosed in public in view of the people's rights-to-know a...

Administrative measures against 689 drugs of 35 companies to be exempted.

The KFDA announced on Jan. 10 that they inspected and found illegal (direct sales of drugs to hospitals without getting through wholesalers) distribution of about 1,642 drugs supplied by 88 companies, 40% (689 drugs b...

Pfizer Korea to launch Rogaine for anti-alopecia.

Rogaine, a world reputed brand drug for a hair loss, will be soon introduced to Korea. Pfizer Korea has gained a good popularity in the OTC drug markets with no-smoking and a...

NHI coverage to expand to major cancer drugs.

The NHI (national health insurance) reimbursement standards for anti-cancer drugs such as Iressa, Zeloda and Taxol inj. seem to be expanded. The Cancer Disease Review Council of HIRA prepared detailed plans for the...

Cabinet Meeting accepted 6 year pharmacy school system.

The revised bill of the enforcement decree of the High Education Act passed through the cabinet meeting led by Prime minister Lee Hae-chan on Jan. 10, covering the 6 year pharmacy school system comprising of an open s...

Marketing concentration to target on existing OTC drugs

Recently the OTC markets showed extremely depressed due large part to more marketing efforts of the drug industries on the prescription drug markets, and therefore to reactivate the OTC market, it is suggested that th...

Boryung supplied inferior Bufferin to the pharmacy.

A adulterated Bufferin, a pain killer supplied by Boryung, was distributed to the retail pharmacy market. A correspondence for the community pharmacists reported 6 pictures showing Bufferin sold in partial broken ...

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