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KPA to fix 8 to 9 % NHI reimbursement price increase.

While Minister Kim of the MOHW intended to raise the NHI reimbursement price for the next year by 3% over this year, the Korea Pharmaceutical Association indicated at least 8 to 9% rise in the wake of keeping their co...

KFDA approves new statin preparation for lowering cholesterol

The Korea Food and Drug Administration said it approved AstraZeneca's Crestor (rosuvastatin) for treatment of hypercholestrolemia and mixed hyperlipidemia. Crestor is in the class of drug called HMG-CoA reductase i...

Keunwha Pharm to produce amlodipine mesylate

Keuhwha Pharm says it sign an agreement recently with Siegfried, a Switzerland-based pharmaceutical firm, for the inducement of the technology to manufacture and market amlodipi...

KFDA to launch pharmaceutical affairs inspection on GMP firms

The Korea Food and Drug Administration recently announced that it will continuously undertake its joint cross inspection on GMP-designated pharmaceutical firms (except for injectable manufacturers) from 10th to 18th N...

KFDA and 6 regional offices jointly conduct cross-over inspection.

The KFDA announced to conduct a joint cross-over inspection and a special supervision along with 6 regional KFDAs over the GMP plants for 9 days from Nov. 10 to 18. The joint inspection squad will be formed with 4...

KHIDI to invite meeting for health industrial venture business investment

The Korea Health Industry Development Institute (KHIDI) plans to have an explanatory meeting for the health industrial business venture at the KHIDI conference room 2:30 p.m on Nov. 5. The meeting will make an off...

Kwangju regional KFDA charged 38 medical device companies on illegal advertising.

The Kwangju regional KFDA inspected 55 medical device companies and stores in the areas of Kwangju city, Cheon-nam, Cheon-buk and Cheju provinces during Oct and prosecuted 38 companies on false and exaggerate advertis...

Unlimited provisional payment of medial treatment charges to be made available, NHIC says

The National Health Insurance Corporation said on October 28 that it would make a provisional payment of medial treatment charges regardless of the claimed amounts in a bid to alleviate the financial difficulties most...

Jungwoo Pharm to produce collagen-containing anti-hangover tonic

Jungwoo Pharm said it would soon market an anti-hangover tonic "Lady Feel tablet" containing collagen as active ingredient plus various vitamins and other four herbal extracts. ...

KMA to lay hard pushes over pharmacies.

The Korea Medical Association, having hired retired polices since 2002 to watch illegal substituted dispensing practices in retail pharmacies, took a nation-wide inspection squad meeting to prepare overall counter mea...

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