All Type of News
Dong-A eyes Invent Farma
Dong-A Socio Holdings is considering taking over Spain-based Invent Farma in a bid to expand overseas markets, according to the company’s regulatory filing on Monday.
However, the company did not elaborate on the d...
Government to refund 585 billion won in medical fees
A total of 285,867 patients will receive 585 billion won in medical fee refunds from today in a bid to relieve the financial burden of patients in low-income brackets, the National Health Insurance Corporation (NHIC) ...
Pharmaceutical industry’s growth is crucial
The government’s plan to spend a combined 10 trillion won on the project to develop 20 new drugs over the next five years, which made public on Sunday, draws a keen interest from the domestic pharmaceutical industry.
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Korea to spend 10 trillion won to develop 20 new drugs
The Korean government unveiled a set of plans on Sunday to spend a combined 10 trillion won on the project to develop 20 new drugs over the next five years in collaboration with private local drug makers.
According...
Health insurance covers 91 percent of prescription drugs in 2012
Korea’s national health insurance covered 90.4 percent of prescription drugs last year, while the portion of over-the-counter (OTC) drugs stood at merely 9.6 percent, data showed Monday.
According to the data by th...
Doctors’ irresponsible remarks causes pharmacists to look to new PR campaign
Growing slanderous remarks by the Korean Medical Association (KMA) over the discrepancy between claimed insurance reimbursement and supplied drugs in pharmacy has prodded the Korean Pharmaceutical Association (KPA) to...
Large hospitals obliged to disclose uninsured medical fees
From September general hospitals will be required to make public details of information about their uninsured medical fees in a bid to enhance patients’ rights to know and their selection rights on medical service.
...
Drug makers scramble to survive
Local drug manufacturers are seeking ways to compete abroad as their profits continue to fall in the domestic market after comprehensive price cuts of drugs by the government in April last year.
Large companies are...
Professor calls for health insurance reform
Expenses covered by national health insurance, which were at 34.9 trillion won in 2010, are projected to increase nearly 18-fold to 623.4 trillion won by 2050, or 21.7 percent of gross domestic product.
However, gi...
Wholesalers up in arms over three-month payment bill
There is a loud cry in the wholesaling industry that the Korea Pharmaceutical Wholesaler Association (KPWA) should make its desperate effort to push for the passage of a bill aimed at settling the long-delayed drug pa...
