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28 APIs to be contraindicated during pregnancy
The Ministry of Food and Drug Safety (MFDS) announced Wednesday a list of 28 active pharmaceutical ingredients (APIs) that will be additionally contraindicated in pregnancy from May 24.
The 28 APIs include abirater...
DKSH to open new healthcare logistics center in Kimpo
DKSH, the world’s largest logistics company headquartered in Switzerland, said Wednesday it will open a healthcare logistics center in Korea’s northern city of Kimpo, enabling Korean clients to save delivery time for ...
NHIC, doctors are on reconciliatory mode
The National Health Insurance Corporation (NHIC) and the Korean Medical Association (KMA) on Tuesday agreed to withdraw their complaints against each other to push for improvements in the state health insurance progra...
Negotiation on 2014 medical service fees kicks off
The National Health Insurance Corporation (NHIC) on Tuesday started its negotiation with six domestic healthcare organizations over next year’s medical and pharmaceutical service charges.
In its first meeting, the ...
Government to launch 100 billion won fund for pharmaceutical firms
The government will launch a 100 billion won pharmaceutical fund in August to help local companies develop advanced technology and expand to overseas markets, according to the Ministry of Health and Welfare.
The mi...
Pharmaceutical firms urged to take lead in bio industries
Korean drug companies should invest massively in bio industries to grab a slice of the rapidly growing market, the Ministry of Food and Drug Safety (MFDS) said Tuesday.
In an information session hosted by the MFDS ...
Sales executives grapple with lackluster sales
Pharmaceutical companies, large or small, are continuing to grapple with a low growth in the first quarter of the year due largely to sluggish sales in the domestic market, according to Yakup.com, a pharmaceutical inf...
Legal battle over educational videos seen to be intensifying
Dong-A Pharmaceutical Co. admitted most of its wrongdoings in its third court hearing Monday. The company was indicted on the charge of offering illegal rebates worth some 4.8 billion won to 119 doctors.
But Dong-A...
More firms suffer from lackluster sales in first quarter
Korea’s drug companies saw their first-quarter revenues drop compared to the last quarter due to the policy, geared toward eliminating the illegal kickbacks from drug firms to doctors and pharmacists.
According to ...
Concerns mounting over large retail firms’ drugstores
After three years of dormancy, Korea’s major retailers are charging into the drugstore business again, prompting concerns about further damage to small pharmacies that are already struggling to keep afloat.
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