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The pharmaceutical industry is pushing ahead with collecting public opinions about the ‘Selective Separation of Prescribing and Dispensing Drugs’

The pharmaceutical industry will collect public opinions about the ‘Selective Separation of Prescribing and Dispensing Drugs’. The Selective Separation is a policy to allow hospitals and medical clinics to prescribe ...

A new Alzheimer type dementia diagnostic treatment has been approved in Korea, the first time in Asia

After the FDA in the U.S. and the EMA in Europe, a new Alzheimer type dementia treatment has been permitted by the Ministry of Food and Drug Safety for the third time. The new drug, titled ‘Nuraceq (Flobetaben F18)’,...

The medical industry being sensitive on the term ‘Generic Substitution’

Doctors’ association has reacted sensitively on the term ‘Generic Substitute Invigoration’. Through the statement on the 22th, the National Union of Korea Medical Doctors (NUKMD)strongly denounced congressman Dong-ik...

When it comes to the maturing generic substitution, the issue is the Follow-Up Report Policy

The government started to work on the Generic Substitute Invigoration. There are two ways that it took: simplification of the generic substitution procedure and raise of incentives to pharmacies making generic substit...

While 3 new superior general hospitals are appointed, 3 of the existing ones failed on the selection

The Ministry of Health and Welfare, on the 23rd, made an announcement to appoint 43 general hospitals as superior general hospitals for the next 3 years from 2015, and to send appointment letters on the announcement d...

Coordination between the Korean and Chinese governments will clear out the ‘cosmetic surgery ripping-off agencies’

It is noticed that the governmentis actively preparing various methods, such as the ‘Korea-China Establishment of Cooperation Channels in the Health Industry’,to expand medical institution and attract Chinese patients...

Yuhan Corporation has made the first KRW 1 trillion ever in the history

Yuhan Corporation (president Yoon-sup Kim) has made its KRW 1 trillion sale era since the 19th. Since the 122-year history of the pharmaceutical industry, Yuhan Corporation was...

SK Chemical attracted R&D funds from the Bill & Melinda Gates Foundation for vaccine studies

    In order to conduct clinical research and development fora newly co-developingtyphoid vaccine, SK Chemical and the International Vaccine Institute (IVI) announced that they were supported with $ 4.9 million (KRW...

Stock prices of listed pharmaceutical companies have been increased by 12% this year

It is observed that stock prices of listed pharmaceutical companies have been increased by 11.0% in average and the total market capitalization have been increased by KRW 2.18 trillion. According to the YakupDotCom’s...

There are 78,000 workers in the Korea pharmaceutical industry while only 3% are pharmacists

It is observed that only 3% are pharmacists among workers in Korean pharmaceutical companies. Thus, it was argued that more pharmacists need to be interested in working for companies to develop the pharmaceutical ind...

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