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Private and public cooperation for global vaccine and new drug development

In order to achieve a goal to develop 17 new drugs by 2020, a meeting will be held to discuss methods to cooperate between private and public organizations in the pharmaceutical industry. The Ministry of Health and W...

Korean government’s plan to intensively promote pharma & health fields

The government announced a plan to enlarge exports KRW 9 trillion in 2015 to KRW 20 trillion in 2020, and 760 thousand job positions to 940 thousand positions as focusing on nurturing the healthcare industry for the n...

Domestic/Multinational cooperation to enter global markets

A domestic pharmaceutical companies’ plan to target global markets through open innovation with multinational companies has been fueled. According to the Korean Research-based Pharma Industry Association’s(KRPIA) dat...

Reasons why Celltrion recruits physicians as intern

“We’re looking for doctors to work as interns.” Celltrion is seeking for experts to work with. However, its recruitment way is a little different from other pharmaceutical comp...

Noisy circles of clinics over revealing prices of uninsured drugs

While the Ministry of Health and Welfare announced measures to push forward with a plan for clinic-level medical institutes to reveal uninsured drugs using sample surveys, the circle of clinics has poured out complain...

OTC usage rate was higher than ETC in this 1st half

In the first half of the year, OTC drugs were more used than ETC drugs. According to the drug usage reported to the Health Insurance Review & Assessment Service, the usage of ETC drugs was increased by 4.0% from KRW ...

CPhI Korea becomes representative ‘International Pharmaceutical Event’

Held between the 23rd and 25th of August at the COEX, ‘CPhI Korea 2016’ settled as an international pharmaceutical event with substantiality, scale, participant satisfaction and reaction. According to a hosting compa...

NHIS’s benefits exceed KRW 24 trillion in 1st half, Big 5 took 7% of the total

In the 1st half of this year, the amount of health insurance benefits the National Health Insurance Service paid to medical institutes exceeded KRW 24 trillion. The amount was increased by 8.6% compared to the same pe...

Will active ‘web symposium’ be a way for pharmaceuticals to promote their products?

Will the Kim Young-ran Law not be able to affect medical personnel’s academic activities that do not concern time and place? In conclusion, supporting general academic activities itself is lawful, but assisting parti...

MFDS decides to re-collect Abott Korea’s Depakote Tab 500mg

On the 7th, the Ministry of Food and Drug Safety(MFDS) announced decision to re-collect Abbott Korea’s ‘Depakote Tab 500mg’ that is used as an anticonvulsant since it was confirmed to use ‘Red Coloring No. 226’ that i...

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