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Patent application on new-concept antidiabetic compound filed by Yuyu Pharm

Yuyu Pharm said it recently filed its patent invention on a novel antidiabetic compound in a collaborative research effort with Crystal Genomics, a bioventure firm in Korea. The company noted that the corresponding...

Chain of bankruptcy in hospitals and clinics.

After the implementation of the medical and pharmacy role separation program a growing number of hospitals and clinics have encountered to bankruptcies this year in particular as result of a declining number of patie...

Pharmacists concerned ban on free supply of disposable bags.

The Seoul Pharmaceutical Association (SPA) took the 2nd district head's meeting on June 27 to discuss issues including the ban on a free supply of disposable vinyl bags and other subjects related with the upcoming wor...

Increasing quota of new pharmacy college entrants sought

Influenced by the government plan to establish new pharmacy colleges nationwide including additional set-ups of pharmaceutical engineering departmenst at Kyunyang and Inje Universities, the academia circle has called ...

Pharmacists disgruntle over non-offering of insert paper

Business sources say that as some pharmaceutical firms are unable to provide the insert papers of prescription drugs, proprietors of pharmacy have found difficulty in giving their safe and proper dosing along with dru...

Strengthening of Helfline functions for transparency of drug distribution sought

In a recent brief sessions with domestic drug wholesalers, the Korea Food and Administration has unveiled its drug distribution reforms to gear up the conventional Helfline functions in a bid to ensure the transparenc...

Eligibility for Employee's NHI subscribers to be extended.

The MOHW announced on June 24 that the revised bill for the enforcement decree of the National Health Insurance Act passed through the State Council, covering the provisions that a time-job worker monthly for over 80 ...

25 ingredients prohibited for functional health supplement foods.

25 ingredients including the extracts from pomegranate skin and croton shall be excluded from the manufacture of functional health supplement foods but only used for medicines according to the ordinance draft of regul...

Industry produced 9,100 billion won of drugs in 2002.

Thank to the medical and pharmacy role separation program, the pharmaceutical production shows an ongoing rise at 9,196,400 million won in 2002 by 661 companies, which was about 8.58% up from the previous year of 8,46...

Problems involving SDP function analyzed

Pharmaceutical business sources say that the ongoing system of separating drug dispensing from medical practice, since its implementation three years ago, has yet to be firmly established in the face of the following ...

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