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Medical and pharmaceutical urged to caution serious side-effects of Organon's Implanon implant

As Organon's Implanon, a progesterone only contraceptive implant which is inserted just under the skin on the inside of the upper arm for preventing pregnancy, has been reportedly associated with such serious side eff...

Chosun Pharm on path to management normalization

Pharmaceutical industry sources say that Chosun Pharm, which went bankrupt on August 19, 2000, will be able to normalize its management through a court's final ruling on the firm's application for composition, as 147 ...

Far East hub hospital to set up in Incheon economic free zone.

The government is going to set up a Far East hub hospital in the forthcoming economic free zone in Incheon. Health Minister Kim Wha-joong made it clear in the press interview on Aug. 14 that a Far East hub hospit...

Korea Tobacco and Ginseng Corp. acquired Yungjin.

KT&G announced on Aug. 12 in the board of director's meeting that they decided to invest 14.6 billion won for an acquisition of Yungjin pharmaceutical company for the purpose of building up the basic foundation of the...

Abbott Korea free supplying BMI measuring plates to 600 hospitals.

In line with a campaign under the slogan of "Know about obesity correctly" Abbott Korea has supplied about 600 obesity (body weight to body height: body mass index: BMI) measuri...

Korea's medical institutions showing poor profitability compared with Japan's counterparts

Although there is little difference in a stability aspect of medical institutions between Korea and Japan, Korea's medical institutions showed overall poor profitability compared to Japan's counterparts and th...

Differential treatment charge system will be adopted: recent forum says

The government unveiled a plan to implement a new differential treatment charge system through the proposed evaluation of the domestic medical institutions every year and to that end, around 300 general hospitals will...

New sustained-release antihypertensive selected as government-funding R&D project

The Small and Medium Business Administration recently announced that a new sustained-release antihypertensive, which has been co-developed by Kolmar Korea and DDSTech, was selected as one of the government-funding R&D...

Fund raising for drug manufacturing renovation and new drug R&D

A pharmaceutical development fund seems to be raised for the improvement of pharmaceutical manufacturing facilities and the new drug research and development project. The KFDA raised a bill of revising the current ...

Pharmacy requesting receipt format size to be within 50%.

The KPA (Korea Pharmaceutical Association) suggested to the government, reflecting on the revised rule of the NHI payment standard that the official receipt format size should be adjusted within 50% out of the current...

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