All Type of News
Total NHI Treatment Related Expenditure at 22.356 Trillion Won
The total amount of actual National Health Insurance (NHI) expenditure to cover the various treatment areas was determined at 22.356 trillion won in Year 2004, which is an increase of 8.9% from the prior year.
Base...
Public Disclosure of Government Assessment on Healthcare Providers
The Health Insurance Review Agency (HIRA) recently announced of its plan to make a public disclosure of the assessments detailing appropriate levels of insurance coverage and of medical service provision for a specifi...
Provision of Drug Specific Prescription Forms Stirs Controversy
It has been discovered that certain number of domestic pharmaceutical firms are supplying free copies of prescription forms to the dental clinics, according to the Korea Pharmaceutical Association (KPA).
These pres...
GSK Korea Recalls Paxil with Certain Batch Identification Numbers
GlaxoSmithKline (GSK) Korea is currently making a request towards the pharmaceutical industry constituents to help in the recall process of its controlled release antidepressant Paxil CR (paroxetin HCl) with certain b...
Abbott Korea Announces Year 2004 Financial Results
According to Year 2004 financial results released by Abbott Korea last week, the company reported its total revenue of 107.47 billion won, which is up 4.6% from the prior fiscal year.
Looking at the total revenue b...
Continued Improvement of KGMP Manufacturers on Quality Management
The quality inspection report released by the Korea Food and Drug Administration (KFDA) shows that more pharmaceutical manufacturers with KGMP (Korea Good Manufacturing Practice) certifications are improving their qua...
Pharmacists Maintains Comprehensive Return Provision by Zuellig
In preparation for the upcoming round of negotiations with Zuellig Pharma Korea (ZPK), the Seoul Pharmaceutical Association (SPA) affirmed its position to continue request for a comprehensive return provision on the p...
Extended Availability of Personal Medical Records up to 10 Years
The National Health Insurance Corporation (NHIC) recently announced that the existing availability of personal medical records as compiled by NHIC has now been extended to include additional years of previous records....
Increased Licensing-In Activities by Domestic Firms
A number of domestic pharmaceutical firms are undertaking the licensing-in activities to introduce competitive products in the domestic ethical medication market, and the industry expects that such introductions will ...
OTC Wholesalers Venture into Hospital and Medical Clinic Markets
There is an increasing number of domestic pharmaceutical wholesalers, with their main focus on over-the-counter (OTC) product sales, that are expanding their marketing operations towards hospitals and medical clinics....
