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Seven diseases to be covered by DRG system in this November

The Ministry of Health and Welfare unveiled a plan to additionally apply a DRG (diagnosis related group) system to patients having surgeries with seven diseases (i.e., cataract, amigdaline, cecum, hemorrhoid, hernia, ...

Domestic pharmaceutical firms keen to enter into antidiabetic market

As the patent of Handok-Aventis Pharma's Amaryl (glimepiride) is already expired and its post-surveillance system will be completed in July of next year, a number of domestic firms are on the lookout for potential rev...

Korea's drug exporters faces more regulatory restriction in Eastern Europe

As 10 Eastern Europe countries will likely be affiliated with the European Union in May of next year, Korea's drug exporters are bracing for proper measures to cope with more complicated regulatory procedures and test...

Production obligation for small drug packages to be solidified.

A small drug package has been provisionally obligated to produce in an accelerated stance. The Board of Audit and Inspection of Korea (BAIK) urged to the KFDA after their auditing that a small drug package should b...

"Me Alone Pharmacy" declined by 16% points after medical reforms.

After the medical and pharmacy role separation program, so called "Me Alone Pharmacy" where only one man runs its store, has been decreased according to a survey conducted by the Health Science Institute of Injae Univ...

KFDA to bar wholesalers from selling subdivided drugs

The Korea Food and Drug Administration unveiled a recent plan designed to prohibit drug wholesalers' selling of subdivided drugs and ease the regulations of drug advertisements as part of efforts to cope with some pro...

US-based large pharmacy chain targeting domestic pharmaceutical market

Recently, the U.S.-based Missouri's Representative to South Korea said that Medicine Shop International, a retailer pharmacy franchise firm, will enter the domestic pharmacy market, saying that Missouri is one of the ...

Korean males with electile dysfunction still overdependent on traditional therapies

Seven out of ten Korean males with electile dysfunction remain highly dependent upon unreliable traditional therapies and stamina foods prior to their hospital visits, while they are eager to discuss the sexual proble...

KHIDI to set up Export Promotional Team.

The Korea Health Industry Development Institute (KHIDI) newly set up the Export Promotional Team in the 17th directorate meeting on July 18 at Palace hotel for the promotion of health industrial export business. Th...

Consolidated administration system for medical charges to launch in 2nd half this year.

The MOHW said that during the 2nd half of this year the NHI finance stabilization should be achieved by adopting so called consolidated administration system for medical charges and strengthening the drug price contro...

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