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Reference price system to implement after people's agreement.
In the meeting with the representatives of foreign multinational drug corporations on Sept. 4, the Health minister Kim Sung-ho said that the Reference Price System would be enforced only after full share of people's a...
2001 import records of foreign finished drugs outlined
Xenical placed first rank with US$26,014,000 among the 10 leading finished pharmaceuticals imported in 2001 thanks to Roche Korea's diverse promotional strategies, according to 2002 annual statistics of foods ...
Bioengineering market in China luring Korean investors
Business sources say that the bio-industry collaboration between China and Korea in the government level will be accelerated amid the growing interests of the domestic pharmaceutical firms and biodrug companies in the...
6 year pharmacy school system raised to MOHW.
In the luncheon meeting of Minister Kim Sung-ho of MOHW on Sept. 4 with Mr. Kim Chang-jong, the chief commissioner of the Special Committee for Pharmacy System Improvement and Mr. Kim Il-soon, the chief commissioner ...
Establishment of natural products support groups
The Korea Food and Drug Administration (KFDA) said on September 3 it established a new oriental medicine section within Drug Safety Department in its bid to expedite R&D natural drug projects to support herb medicine ...
4 in 10 ambulatory patients at clinic on injectable medication.
Injectable drug medication at private clinics appeared abusive, administering them at 4.2 times per 10 calls according to the analysis of the HIRA for the first quarter of 2002,
The injectable drug medication day ...
Roche sells Vitamins and Fine Chemicals Division to DSM
Roche and the Dutch Life Science company DSM NV announced on September 3 that DSM intends to acquire Roche's Vitamins and Fine Chemical Divisions.
Roche said that the acquisition is part of its strategy aiming to f...
Pharmaceutical firms gearing up to fight against government's drug policy
The domestic pharmaceutical industry will call for the government's rational supplementary measures related to the current drug pricing policies, such as a minimum drug pricing system, in parallel with the recent inju...
100 pharmacies across the country submerged by Typhoon Rusa
Typhoon Rusa, the most powerful tropical storm to hit Korea in 43 years, ripped through the country over the weekend, leaving about 100 pharmacies submerged in torrential rains, and causing massive property damage, sa...
Highly contagious eye infection spreads to Seoul, other major cities
The recent outbreak of acute hemorrhagic conjunctivitis, called in Korea the "Apollo eye disease," prompted a number of patients to visit eye hospitals and pharmacies are requesting the rapid delivery of eye preparati...