News About: Goverment


Drug makers to hit by cash reward plan in hospital bidding

Aimed at providing cheaper drugs for patients from this month, the government has set an upper limit for prices of insured medications and the standard prices are controlled regularly on the basis of purchased prices ...

New drug-pricing reform takes place

The government says its plan to gradually lower drug prices has been implemented from this month. It draws people’s attention as Korea faces an urgent need to lower spending on drugs and curb the rising cost of hea...

Children increasingly face adult diseases

Children are increasingly becoming afflicted with diseases that were previously confined mostly to adults. This alarming observation is happening because of the western lifestyle of high sugar, low fat diet coupled wi...

Second wave of influenza A possible

With colder seasons nearing here, people’s fears are also growing about the possible second wave of an H1N1 outbreak. Korea's health authorities say they have confirmed 56,848 cases of Influenza A as of August 31, ...

Health insurance agency to ameliorate medical charge system

The National Health Insurance Corp. is moving to improve the nation’s treatment charge structure by establishing a standard model. So far, medical and pharmaceutical circles have complained about low treatment and ...

Formulation of oriental medicines to be available only by manufacturer in October

The government says the formulation of oriental medicines should be allowed to manufacturers from next month, as part of its efforts to ensure better quality of the drugs and establish their sound distribution order h...

Korea confirms 4 flu cases

Korea's health ministry on September 28 confirmed four cases of influenza A in Yeosoo, South Cholla Province, escalating concerns about the spread of the contagious disease. Four high-school students tested positiv...

Glaxo's Avandia to face possible ban from Korean market

The Korea Food and Drug Administration is not ban U.K.-based GlaxoSmithKline (GSK)’s blockbuster anti-diabetes pill “Avandia” but stringent restrictions will make it far harder for doctors to prescribe the safety-trou...

New drug-pricing plan aims to improve transparency in pharmaceutical industry

As a long-term plan to improve the transparency of the domestic pharmacy industry, the government plans to offer financial incentives to drug makers who invest more on research and development, said an official at the...

Korea has 3 million pensioners

The number of Korean pensioners exceeds 3 million as of September 28, since the introduction of national pension system in 1988. The National Pension Corporation said 2 million people received the pension in Februa...

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