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Medical outlays of 300,000 patients with severe diseases topped 2.9 trillion won last year
The National Health Insurance Corporation says that there were about 300,000 patient suffering from severe diseases who shouldered their individual out-of-pocket money amounting to more than five million won in medica...
Patent dispute over erythropoietin terminated
Darae patent office said that the domestic production of erythropoietin, an biotechnology based antianemic drug, may be further activated, as CJ, a local pharmaceutical firm, won the patent dispute touched off by the ...
Industry claimed no responsible for drug price slashes.
Most of local drug companies including the foreign multinational drug corporations who were members of the KRPIA (Korea Research based Pharmaceutical Industry Association) have completed to file their formal objection...
Korea's leading vaccine makers face tougher competition
Domestic major hepatitis B vaccine makers, such as Korea Green Cross and LG Life Sciences, are desperately bracing for their R&D new product strategies in the wake of falling profit margins incurred more intense compe...
Cialis to be approved from KFDA soon
Lilly Korea's Cialis for the treatment of erectile dysfunction will be approved within this week from the Korea food and Drug Administration which completed its investigation on overall status of clinical trials condu...
Sang-A Pharm changes its name into Korea Green Cross Sang-A
Recently, Sang-A Pharm changed its company name into " Korea Green Cross Sang-A," in a bid to dispel the existing image as its OTC maker which was in court receivership earlier and renew the corporate identity as a me...
Wholesalers to resist Daewoong's dominance of Easymedicom stocks.
According to the pharmaceutical wholesaler's informations, Daewoong recently acquired more stakes of Easymedicom, an ethical drug wholesaler, for its business control purpose in defiance of the wholesaler's harsh back...
High technology investment generating 3.5 times more in sales.
The Korea Health Industry Development Institute (KHIDI) has completed the R&D investment for the leading technology and medical engineering technology development projects during the past 7 years from 1995 to 2002, ge...
Inspection against shops-inside-pharmacies intensified.
By taking occasions that the Functional Health Food Act takes effects from Aug. this year, thus, triggering ever growing trend of so called shops-inside-pharmacies business (a general consumer product business inside ...
MOU for promotion of health and medical sector exchanged between Korea and the United States
Minister of Health and Welfare Kim Hwa-joong signed a memorandum of understanding with Tommy Thomson, the U.S. Secretary of Health and Human Services on July 23 as part of their efforts to cope with as variety of heal...
