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Rheumatology healthcare group to celebrate 10th anniversary.

Korea Specialist Society of Rheumatology and Health (President: Lee Eun-ok) celebrated its 10th anniversary jointly with Korea Penguin Club at the 2nd lecture room of Seoul National Univ. Children Hospital at 9 a.m. o...

Domestic pharmaceutical firms brace for sluggish sales

Amid protracted business recession in the first half of this year, major pharmaceutical firms have been launching a wide variety of marketing campaigns to activate the domestic ethical market, as part of their...

Implementation of out-of-pocket ceiling system to be withheld

The Ministry of Health and Welfare has decided to postpone the implementation of a new out-of-pocket ceiling system (a patient should burden his/her medical outlay of 3 million won for 6 months), which is scheduled to...

Domestic drug wholesalers vigorously pursuing earlier retuned goods disposal

The Seoul chapter of the Korea Drug Wholesalers Association said on April 20 that it has set up an interim committee designed to cope with the issue of returned drugs posing a threat to the overall management of its m...

KFDA found 11 companies of no quality controls.

KFDA head and regional offices jointly conducted a special cross over supervision against the total 79 pharmaceutical manufacturers for one week from Mar. 29 to April 3 by putting the total 30 pharmaceutical superviso...

NIH reimbursement approval for 132 drugs to effect from May 1.

Taking effect from May 1 the prices of the total 434 drugs will be changed including new NHI price registration of 132 drugs. MOHW announced on April 16 the above policy under the revised ordinance No. 2004-24 tit...

Daewoong stock prices possibly recovering from 4th quarter.

Daewoong stock prices seem to upturn from the 4th fiscal quarter (Jan. to Mar.) after solving the whole stocks retained by Hangang Transformation Fund this week. Security analyst Kim Hui-seong of Hanyang Security C...

Concerns mounting over deepened market convergence of Zuellig Korea

Industry sources say there is anecdotal evidence showing that domestic wholesalers are facing less margins with the current market convergence of Zuellig Korea, pressing many small wholesalers to shut down their busin...

Establishment of new oriental drugs department eyed

The Korea Food and Drug Administration says a new department to cover evaluation of safety and efficacy, management and clinical assessment concerning oriental drugs will be established within the administration in 20...

World Courier begins biomedical transport services in Korea

With a full range of services tailored to the needs of healthcare professionals and life science researchers in Korea, some express companies, such as World Courier and Sinil Express, are now expanding their presence ...

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