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Time to plug loopholes of real-name drug dispensing system
Two months have passed since Korea introduced a real-name drug dispensing system. Starting in July, the government issued a presidential order forcing all pharmacists engaging in drug dispensing to record their real n...
Green Cross seals partnership with Alvogen
Green Cross has signed a memorandum of understanding at its headquarters at Yongin, Gyeonggi Province, to explore a possible strategic collaboration with U.S.-based generic firm Alvogen, company officials said last Th...
4,928 clinics receive 65.4 billion won in cash reward for better hypertension management
The Health Insurance Review and Assessment Service (HIRA) on Friday disclosed a list of 4,928 local clinics, which were selected as clinics to effectively manage hypertension, on its website.
A total of 65.4 billio...
Old law banning illegal kickbacks deemed constitutional
The nation’s highest court ruled Thursday that the former Medical Law, which banned pharmaceutical firms from being involved in illegal practice of kickbacks, otherwise called “rebates” as an industrial term, is indee...
Korea suspends sales of oral ketoconazole products
The Ministry of Food and Drug Safety (MFDS), Korea’s health regulator, said on Thursday it would suspend sales of oral ketoconazole pills, after potentially fatal liver injury, risk of drug interactions and adrenal gl...
Korea‘s health insurance outlays up 3.5% in first half
Korea's health insurance payments for examination and treatment rose 3.5 percent on-year in the first half of this year, showing the decreasing trend compared to 4.9 percent in 2011 and 11.9 percent in 2009, data show...
DHP Korea seeks overseas expansion
DHP Korea, a local ophthalmological maker, is seeking overseas expansion, after the recent inspection of its GMP-compliant Osong plant in North Chungcheong Province was conducted by Walgreens, the largest drug retaili...
Korean drug makers set sights on overseas market
Korean pharmaceutical companies are looking to overseas markets in order to seek new profit engines, industry data showed recently.
According to data by Yakup.com, a pharmaceutical information portal, the combined ...
Jiansu hosts Korean companies
Jiansu, which is an eastern coastal province of the People’s Republic of China and borders Shanghai to the south, is rushing to re-invent itself through the establishment of a comprehensive biology cluster of knowledg...
KPMA expels Wales Korea
The Korea Pharmaceutical Manufacturers Association (KPMA) on Wednesday decided to oust the scandal-ridden Wales Korea and other eight drug firms that have failed to pay the membership fees over the prolonged period.
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