All Type of News
Drug firms to hire more rookies in October
October is expected to be the most crucial season for job hunters, as major pharmaceutical firms have announced their recruitment plans as they are spurring efforts to overcome the blunt of the government’s forced pri...
Wholesalers grapping to boost bottom lines
All eyes are on the movement of the Pharmaceutical Development Conference (PDC) as Bayer Korea expressed its internal decision to cut wholesalers’ profit margins by 5 percent next year, during a meeting with executive...
Wholesalers to boycott Bayer Korea products
Local drug wholesalers will join a nationwide campaign to boycott Bayer Korea’s medicines to protest the company’s policy to cut the current wholesalers’ profit margins.
Bayer Korea and the Korea Pharmaceutical Who...
R&D spending of local drugmakers and medical device manufacturers on the rise
Korean companies producing medicines and medical devices have been spending more on research and development (R&D) projects to strengthen their technology leadership.
The Korea Health Industry Development Institute...
Website provides information on medical facilities
The Medical Network Tomorrow has recently established a website “Medi Sumer” to provide basic information on hospitals as part of the medical network service (MNS).
With this website, visitors can access each hospi...
Clinics and small pharmacies in financial shambles
Polarization is taking place among local healthcare facilities with small-size neighborhood clinics and pharmacies in financial shambles as patients ignore them and visit larger general hospitals and pharmacies.
Th...
Physically paralyzed patients on the rise
The number of patients suffering from paralysis in their 60s and 70s increased by more than 60 percent in the past six years, according to the National Health Insurance Corporation (NHIC) Sunday.
Its report showed ...
Nichi-Iko acquires majority of shares in Binex
Japan’s leading generic drugmaker Nichi-Iko Pharmaceutical Co. has acquired a majority share (12.6 percent stake) in Binex Co. through a combination of new shares issued by Binex to Nichi-Iko and the acquisition of sh...
Drug watchdog mulls introduction of patent linkage system on trial basis
The Ministry of Food and Drug Safety (MFDS) has recently unveiled its plan to introduce the patent linkage system on a trial basis, under the cooperation with the Health Insurance Review and Assessment Service (HIRA)....
Wholesalers, Bayer Korea at odds
The Korea Pharmaceutical Wholesaler Association (KPWA) and Bayer Korea failed to reach an agreement over wholesalers’ profit margin.
In a meeting with the KPWA executives on Thursday, Bayer Korea expressed its stro...