All Type of News
Ildong to turn into holding company
Ildong Pharmaceutical said Monday it plans to split the company into two parts of holding and operating firms in an effort to streamline the corporate structure from this year.
A board of directors finalized the p...
Siemens, Eulji University sign MOU
Siemens Healthcare Korea on Monday signed a memorandum of understanding (MOU) with Eulji Hospital in a bid to foster global brains in the local health and medical sector.
The firm, which was launched in April of la...
Medication outlays top 5.29 trillion won in 2012
The medication costs claimed by Korea’s 69 drug firms came to 5.29 trillion won in 2012, down 6.84 percent from a year earlier, data showed Sunday.
According to the Health Insurance Review and Assessment Service (H...
Measures urged over misuse of appetite suppressants
A lawmaker on Monday called for steps to block the abuse of psychotropic appetite suppressants, including mazindol, phendimetazine, phentermine and diehylpropione, amid rising concerns over health risks.
Some hospi...
Korea’s health insurance outlays up 3.5% in 2012
Korea's health insurance outlays for examination and treatment rose 4.5 percent on-year in 2012, partly due to more senior citizens requiring medical attention, data showed Sunday.
According to a joint report by th...
Government urged to get tough over overdue pension payments
The government needs to toughen its stance on those who habitually delay the monthly payment of national pension, a lawmaker said Monday.
According to Saenuri lawmaker Shin Yee-jin, a member of the Health and Welfa...
FTC to revise law on 24-hour convenience store
Korea’s Fair Trade Commission (FTC) on Oct. 9 said it will put out revised regulation to scrap the mid-night operations of 24-hour convenience stores showing sluggish sales.
“The newly modified regulations will pro...
Bayer Korea faces wholesalers’ boycott
Local wholesalers are moving towards boycotting the sales of products made by Bayer Korea in a protest against the firm sticking to a 5-percent profit margin on wholesalers.
Wholesalers have put pressure on Bayer K...
Pfizer Korea wins lawsuit over Lyrica patent dispute
Pfizer Korea scored another victory in its Lyrica (Pregabalin) patent dispute against Korean generic drug manufacturers, following the court ruling against CJ Cheil Jedang in May.
The Patent Court of Korea ruled th...
KPMA asks government to scrap cash reward system
The Korea Pharmaceutical Manufacturers Association (KPMA) has asked the government to abolish the implementation of the cash reward system for doctors and pharmacists scheduled for January next year.
“We have made ...
