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‘Viread’ positioned the top among imported products while anticancer and vaccines in top ranking

The reputation of hepatitis B treatments was still solid. This is because ‘Viread(sold by Gilead and Yuhan Corporation)’ and ‘Baraclude(sold by BMS Korea, and sold by Green Cross from September last year)’ took the ...

Domestic pharmaceutical companies’ clinical trial approvals increases by 11%

According to the analysis result of the 2015’s clinical test approvals of the Ministry of Food and Drug Safety(Minister Seung-hee Kim), there were the total 675 approval cases increased by 3.5% compared to the year of...

Significantly reduced patient-sharing expenses for extremely rare diseases

Burden on patient-sharing portions will be largely reduced for rare diseases. On the 25th, the Ministry of Food and Drug Safety(Minister Jin-yeop Jung) announced patients with extremely rare diseases and unreported r...

Government and industry agree on lecture fees at KRW 500 thousand per lecture

The Ministry of Health and Welfare(MOHW), the pharmaceutical industry and the medical device industry, which have discussed to improve the regulation about doctors’ lecture fees, were confirmed by the journalist assoc...

This year’s first approved drugs, thrombocytopenic purpura antidiabetics

Although decided as ‘non-benefit’ due to unclear cost-effectiveness last year, treatments which will stably receive the benefit through reevaluation were revealed for this year. According to the Drug Registration Div...

Last year’s imported pharmaceutical products of USD 5.1 billion

It encountered a minus growth caused by the last year’s decreased pharmaceutical sales. The phenomenon was shown to occur in reflection of the growth of domestic pharmaceutical products and original products’ patent e...

MOHW, “We will rationally adjust drug prices considering health insurance budget”

While the first Drug Pricing System Improving Committee was held, the Ministry of Health and Welfare(MOHW) announced to prepare for a rational mediation plan for drug prices within a range in which it would not bring ...

KPMA’s ‘Chairperson Heng-myung Lee & President Kyung-ho Lee’ system launches

The Korea Pharmaceutical Manufacturers Association(KPMA) was launched in the ‘Chairperson Heng-myung Lee & President Kyung-ho Lee’ system. The pharmaceutical association held a regular general meeting and a board of ...

KRW 58 trillion medical expenses for health insurance benefits in 2015

The Health Insurance Review & Assessment Service(Chief Director Myung-sae Sohn) announced the total medical expenses deliberated with the deliberation standard were KRW 66 trillion(increased by 6.46%) in 2015. When i...

Let’s even make it 30 days earlier for ezetimibe generics

Although a hyperlipidemia treatment substance, ‘ezetimibe,’ is about to be expired in patent, a series of domestic companies have filed trials to avoid the patent. The phenomenon is interpreted as their will to launch...

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