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Green Cross reports exports of KRW 92.4 billion while CKD Bio reports an export proportion of 75.3%

The sales of listed pharmaceutical companies in Korea for the first half of this year reported a double-digit growth over the same period last year. According to the analysis from Medipana News based on the report re...

‘Postpone again’ – the 2nd selection for innovative pharmaceutical companies after national assembly inspection

The announcement of the 2nd selection results for innovative pharmaceutical companies, which was supposed to be announced in September, got postponed again. The MOHW (Ministry of Health & Welfare) revealed that the a...

Korea Pharmaceutical Distribution Association (KPDA) carrys forward a full-scale campaign of ‘saving domestic pharmaceuticals’

Korea Pharmaceutical Distribution Association (KPDA) decided to carry forward a full-scale campaign of ‘saving domestic pharmaceuticals’ after having 2014 2nd board meeting on September 19 at Choongju Grand Hotel. Al...

Pharmaceutical companies, performance of the first half ‘Good’ --- “Deviation from impact of insurance drug price cut”

There is much attention towards the analysis that showed that the management performance of pharmaceutical companies for the first half year got deviated from the influence of a reduction in insurance drug price due t...

The National Assembly stated, “Nicotine aids and smoking medicine should be paid”

The industry pays attention as influential members of the ruling party insisted that nicotine aids and other treatment drugs should be covered by health insurance for smokers who try to quit smoking. Also, they revea...

Korean health personnel license will be recognized in UAE

The advance of Korean hospital will accelerate as the Abu Dhabi Health Authority (ADHA) in UAE proceeds to recognize Korean health personnel license, followed by Seoul National University Hospital that obtained the or...

Pharmaceutical industry, proclaiming a full-out war against GSK

Pharmaceutical wholesalers proclaimed a full-out war against GSK (GlaxoSmithKline). The Korea Pharmaceutical Distribution Association (KPDA) held the 2nd board meeting to discuss current issues such as improving high...

Cut off of supply for essential medicine such as glaucoma treatment, ‘Emergency’ at medical industry

The medical industry is in trouble as the supply of essential medicines such as treatment for glaucoma is cut off On September last year, ‘Diamox Tab’, Glaucoma treatment, failed to meet the production management sta...

Pradaxa-Truvada, Decreasing the upper limit insurance price as the amounts of insurance reimbursement increased drastically

The upper limit prices of 7 dementia treatment drugs are being adjusted. The upper limit price of insurance for 4 new drugs will decrease by 8% at most, since the total reimbursed amounts was 30% higher than the reim...

Launching process of new drug will be shorten by 60 days -- Quick transaction of insurance listing process

From this month, insurance reimbursement decision application of the pharmaceutical companies became possible even before the approval of drug sale by MFDS (Ministry of Food and Drug Safety), so the time of decision f...

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