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Foreign multinational drug corporations complained government policies.

Most of foreign multinational drug corporations in presence of Korea are flared up with the recent government's drug pricing slash. Though they are yet on action, an accorded gesture already demonstrated with harsh...

Medical insurance outlays by elderly people aged over 65 top 36.3% in 2002

According to statistics compiled by the Health Insurance Review Agency, the medical outlays of elderly people (65 years older or more) last year accounted for 36.3 percent to 737.6 billion won from the t...

Domestic pharmaceutical firms' advancement toward overseas market mired

Despite the recent brisk movement towards foreign markets in the domestic pharmaceutical industry of Korea's pharmaceutical firms to foreign markets, there are mounting concerns that domestic pharmaceutical makers are...

Doctor's drug dispensing right should be acknowledged: forum

Doctor's drug dispensing should be included in the scope of medical practice as a complete prescription act, said a medical policy institute of the Korea Doctors Association during a recent forum on July 10. Profes...

OTC drug advertising scope must extend to more therapeutic groups.

The pharmaceutical industry claimed that the public advertising controls over the OTC drugs should be eased more to other therapeutic groups in view of saving the NHI finance and boosting more OTC drug consumptions. ...

Strategic tie-up between Samsung venture and KHIPA.

The Korea Health Industry Promotion Agency (Head: Chang Im-won) made a strategic business tie-up with Samsung (President: Kim Sang-gi) bio venture investment company on July 10 for closer and organic cooperation betwe...

KHA asked NHIC cooperation for people's credibility.

President Kim Kwang-tae of the Korea Hospital Association (KHA) invited President Lee Seong-jae of the National Health Insurance Corporation (NHIC) for a meeting on July 9 at 63 building and asked for the NHIC to be f...

Bayer Korea decided to supply OTC products via domestic wholesalers including Zuellig Korea

Bayers Korea said recently it has decided to supply its OTCs, including Aspirin and Carnesten, to all wholesalers as well as Zuellig Korea from July 10. The background of such company decision is that unlike its pr...

Concerns arise over super-slim pharmacies

With the increasing number of small-sized or container pharmacies with one or two pyung (1 pyung: 3.3 square meters) near at hospitals, there are mounting concerns that these pharmacies are deepening an estrangement a...

Foreign executives satisfied with pharmacy service better than hospital: survey

Foreign business executives residing in Korea consider pharmacy service is better than hospital, the Federation of Korean Industries said recently. In a survey of 122 foreign expatriates in Korea, titled "Life cond...

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