All Type of News
MOST to invest 42.9 billion won in BT sector this year
The Ministry of Science and Technology said on January 12 that it plans to spend 42.9 billion won this year to nurture Korea's biotechnology sector.
The detailed investment plan, which is to be finalized a...
Lysophosphatadylcholine found effective in treatment of sepsis
Song Dong-keun and Huh Sung-Oh, local professors of natural drug institute of medical college of Hallym University and members of the Ministry of Science and Technology's 21st century frontier project team, said on Ja...
BMS Korea shuffles top management
In a management reshuffle designed to strengthen the role of its sales/marketing units, BMS Korea said recently that Marketing Executive Park Sun-dong will head the whole business involved in antibiotics and circulato...
Pharmaceutical business now on upturning.
A protracted pharmaceutical business recession seems to upswing probably from the 2nd quarter of this year, experts predicted.
The pharmaceutical economy had stepped into a recession phase when the medical and phar...
647 drugs are under incentive plans for substituted dispensing.
As of the end of Dec. last year the total 647 drugs were proven of its bio-equivalency by the KFDA and therefore privileged to get incentive plans when substituted to prescription drugs according to HIRA's official an...
MOHW to publish 2003 health and welfare statistics
The Ministry of Health and Welfare said recently it has published the 2003 health and welfare statistics, salient points of which include:
1) Health and medical statistics in 2002
- Mortality per 100,000 populat...
Hospitals benefit from tax break
Pharmaceutical business sources say that starting January 1, this year, local hospitals may benefit from tax breaks on their new purchase of medical devices, as the government decided to additionally include "medical ...
Aventis Pharma union members adopting resolution towards concerted efforts
Unionized workers at Aventis Pharma adopted their resolution to entrust the whole right of wage negotiation this year to the management in an attempt to express concerted efforts in the wake of protracted business slu...
Public advertising for OTC drugs in dwindling trend.
The total public advertising expenditures for OTC drugs in 2003 reported wit far lower value than expected in spite of the industrial efforts for the OTC business invigoration campaign.
The industry said that the ...
Pharmacist groups harshly requesting common prescription drug list.
Seoul Pharmaceutical Association's Medical and Pharmacy Separation Policy Team took a meeting on Jan. 7 and decided a strong demand to the MOHW for the physician's submission of the common prescription drug list pursu...
