All Type of News
MRI test fees are most expensive in 3 university hospitals
Seoul National University Hospital, Ewha Women’s University Hospital and Korea University Guro Hospital, three in Seoul, are among the most expensive hospitals in the country in terms of MRI (magnetic resonance imagin...
Ousting Wales Korea
Calls are growing among the Korea Pharmaceutical Manufacturers Association (KPMA) to have Wales Korea expelled from the association, as the police zero in on the alleged fabrication of expiration dates on all of Wales...
Daewoong’s Ursa mired in efficacy dispute
Daewoong Pharmaceutical, one of the country's biggest drug makers, has built its reputation on its immensely popular liver medicine, Ursa (ursodeoxycholic acid; UDCA), but its efficacy is mired in controversy due to a...
Government urged not to squeeze drug firms
Domestic drug companies and wholesalers have expressed concern about the country’s pharmaceutical industry.
“We will stop making investments in research and development (R&D) and stop bringing quality products if p...
Korea to spend W1.6 trillion to support drug firms by 2020The government unveiled a set of plans last year to nurture 12 globally competitive pharmaceutical companies by 2020.
The plans are intended to develop Korea into the seventh...
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Government, doctors at odds over thorny issues
A dispute is brewing between the government and doctors, after the Ministry of Health and Welfare will punish 8,000 doctors who allegedly took kickbacks from pharmaceutical companies in exchange for prescribing their ...
Contest for Korean name of generic drug gains positive responses
The contest aiming to seek an alternative Korean name of generic drug, which has given a negative impact to the public as “a copied drug”, appealed much to the public, according to the Korea Pharmaceutical Manufacture...
Government sets up W100 billion fund to aid struggling pharmaceutical firms
The government has launched a 100 billion won Korea Venture Fund to help local companies develop advanced technology and expand to overseas markets, the Ministry of Health and Welfare said Thursday.
The fund dubbed...
Small pharmacies losing out to giants
The number of drugstores operated by large retail groups is rapidly increasing, threatening small- and medium-sized pharmacies, according to Yakup.com, a pharmaceutical information provider.
Despite Korea’s short, ...
Concerns growing over cash reward system
Concerns are growing in local pharmaceutical industry over the government’s cash reward system whose implementation has been delayed until end-December this year.
Under the system, when a hospital buys a drug for l...
