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Doctor license cancellation is legitimate, court say
A district court ruled Wednesday the license cancellation imposed by the Ministry of Health and Welfare is deemed fair and proper in a lawsuit filed by a doctor. who was accused of receiving a gift card worth 7.2 mill...
Drug makers mull exit from cutthroat generic Viagra market
Several drug firms producing Viagra generics are seriously considering withdrawing the erectile dysfunction market following fruitless attempts to stay afloat in the market dominated by the forerunners and other leadi...
Ildong fined for illegal kickbacks
Ildong Pharmaceutical were found to have spent more than 16 billion won in rebates to doctors or pharmacists who prescribed their 33 products, an illegal practice that drives up costs to patients, the antitrust regula...
1,284 drugs designated as small-package items
The Ministry of Food and Drug Safety (MFDS) on Tuesday designated 1,284 medicines, newly added seven items, as the ones subject to the current small packet system.
The seven items include Theragen Etex‘s Mosapit (m...
KPIC to be merged with Hyangnam pharmaceutical cooperative
The Korea Pharmaceutical Industry Cooperative (KPIC) will be merged with a pharmaceutical cooperative located at Hyangnam complex, Gyunggi Province.
“The detailed merger plan will be finalized during the oncoming b...
Health ministry to check 174 additional substances under DUR system
The Ministry of Health and Welfare plans to make public a total of 174 substances which will be additionally monitored under the Drug Utilization Review (DUR) system from July 1.
Of the 174 substances, there are 62...
4 in 10 people suffering from epilepsy
About 4 out of every 10 Korean people are likely to suffer from epilepsy, but a great number of people are reluctant to visit their doctors to check up the disease due to social prejudice, the Korean Epilepsy Society ...
Dong-A’s rebate scandal turns into truth game
Who is telling the truth?
Two former employee of Dong-A Pharmaceutical testified in Monday’s court hearing that they had no scheme to offer any illegal rebate to doctors per a 15-minute educational video in an effo...
Anti-diabetic market getting heated
Competition is about to heat up in the domestic anti-diabetic market, as more and more new medicines for diabetes are lining up side by side with dominant imported drugs, such as Januvia, Galvus, Trajenta and Onglyza....
Ilyang to export two homegrown medicines to Turkey
Ilyang Pharmaceutical has agreed to export its homegrown drugs, Noltec (ilaprazole) and Supect (rodotinib) to a Turkish firm.
Ilaprazole is a new investigational proton pump inhibitor (PPI), and Supect is believed ...