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Additional warnings to be put in sales of 134 drugs

The Korea Food and Drug Administration said on Tuesday that it instructed 79 pharmaceutical companies to add the warnings to the instructions of 134 medicinal products. Among the relevant products are Ofloxacin, lomef...

IP-K, Sanofi Aventis Korea to conduct new research collaboration to combat HBV

Hepatitis B, one of the most common and serious infectious diseases, will be targeted in a new collaborative venture between Institut Pasteur Korea (IP-K) and the Korean arm of the leading global healthcare company, S...

Medical sector vows to stem drug rebates

Two major interest groups for medical doctors on Monday vowed to stem the long-standing illegal rebate practice in drug trade and set the market order straight. In a joint press conference, the Korean Medical Assoc...

Medical sector vows to stem drug rebates

Two major interest groups for medical doctors on Monday vowed to stem the long-standing illegal rebate practice in drug trade and set the market order straight. In a joint press conference, the Korean Medical Assoc...

Government urged to revise flawed medical system

The Korea Medical Association (KMA) said it will make all-out efforts to remove kickback practices in the healthcare industry, but still blamed the government’s low-cost policy ...

KPMA to challenge anti-trust watchdog

The Korea Pharmaceutical Manufacturers Association (KPMA) said Monday that it will make opposition against the Fair Trade Commission (FTC) in protest of penalties the anti-trust watchdog issued against the KPMA involv...

Number of newly opened pharmacies tumbles in 2012

The Health Insurance Review and Assessment Service (HIRA) reported Monday that 1,853 pharmacies shut down in 2012, while the number of newly opened pharmacies was 1,732. The report showed that 121 pharmacies suspen...

Daiichi Sankyo Korea, Daewoong to co-market Sevikar HCT

Daiichi Sankyo Korea and Daewoong Pharma on Monday announced that the two companies have signed an agreement to co-market Sevikar HCT tablets here. Sevikar HCT, which contains three active ingredients, amlodipine, ...

KPMA fined for fair trade violations

The Korea Pharmaceutical Manufacturers Association (KPMA) has been fined for threatening sanctions on its member companies over their attempts to supply extremely low-priced drugs to five national hospitals under the ...

Health ministry to expand Quality Assessment System

The Ministry of Health and Welfare is considering expanded implementation of Quality Assessment System (QAS) in national hospitals, 34 regional medical centers and five Red Cross hospitals. The ministry said Monday...

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