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Total Number of Pharmaceutical Drugs Assigned with Re-Examination at 880 Items

The total number of pharmaceutical drugs that have been identified and assigned the regulatory drug re-examination is determined at 880 items, in which GlaxoSmithKline (GSK) Korea has the most number of products among...

Dong-A Receives US FDA Approval on Phase II Clinical Trial for DA-8159

Dong-A Pharmaceutical said its novel medication for male erectile dysfunction (ED) treatment, under a codename DA-8159, has received an approval for Phase II clinical trial by the United States Food and Drug Administr...

Government Announces Fixed-Rate Medical Service Valuation

The Ministry of Health and Welfare (MOHW) announced that it plans to introduce the fixed-rate medical service valuation under the current National Health Insurance claim reimbursement provision to the domestic medical...

Insurance Coverage for Hepatitis B Medications Being Expanded

The National Health Insurance (NHI) coverage allowance on the medications for treatment of chronic hepatitis B virus (HBV) is continuously being adjusted to provide the expanded treatment opportunities for the domesti...

Boryung Announced Year 2004 Financial Results

Boryung Pharmaceutical announced of its Year 2004 financial performance results, in which the company recorded the total revenue of 22.5 billion won, up 11.22% from the prior fiscal period. The company's operating ...

Proposed Availability of Lower-Dose Psychotropic Drugs Rejected

In response to the request made by the Seoul Pharmaceutical Association (SPA) on the proposed availability of psychotropic drugs in smaller dosage units, Roche Korea and Myungin Pharm both stated that they are unable ...

Price Deterioration Evidenced in Successful Drug Bids

The result from an open competitive tender by the Veterans Hospital Network indicates that there is a continuous deterioration in the successful drug bid prices, which could potentially jeopardize the adequate stream ...

Government to Focus Support on Healthcare Economy

The government recently stated that it would collectively recognize three major healthcare areas of medical service industry, pharmaceutical industry and medical device industry as a unified healthcare economy sector,...

Firms with Oriental Medicine Specialties Give Increased Effort on Ethical Products

The industry trend shows that there is an increasing number of ethical (ETC) drug introductions made by the domestic pharmaceutical firms with their main focus on the development and production of oriental medications...

MedionMall Makes Joint Cooperative Agreement with Baekwang Pharm

MedionMall Co. Ltd., an e-commerce company specialized in the on-line sales of pharmaceutical products to the retail pharmacies, recently made a joint cooperative agreement with Baekwang Pharm, the wholesale company. ...

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