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KPMA to get tough on predatory pricing in hospital bidding market
Predatory pricing, commonly referred to as “dumping in the domestic hospital bidding market has recently produced negative side effects that require the attention of policymakers as well as the National Assembly.
T...
Competition stiff for DPP-4 inhibitors
Multinational pharmaceutical companies are stepping up their marketing in the dipeptidyl peptidase-4 (DPP-4) inhibitors in Korea, which is forecast to become more competitive than ever early next year, according to in...
Lee Yil-seob named IFAPP presidentDr. Lee Yil-seob, incumbent vice president of GlaxoSmithKline Korea, was named president of International Federation of Association of Pharmaceutical Physicians (IFAPP) in the 1...
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Pharmaceutical firms witness sales edge up, but falling profits in Q3
After comprehensive price cuts of drugs by the government in April. local drug companies witnessed a sales stagnation during the third quarter of this year, but fell short of reaping more profits than the previous qua...
Health ministry provides necessary information on convenient stores selling first-aid drugs
The Ministry of Health and Welfare said Thursday that a total of 11 over-the-counter drugs including analgesics and painkillers are being sold by 11,538 convenience stores and 1,907 local health care centers in rural ...
Doctors calls for five-day workweek system
The Korean Medical Association (KMA) said Thursday that the government needs to guarantee the five-day workweek system by increasing medical service fees.
The KMA said it is necessary to protect doctors’ rights and...
SK Chemicals wins green management award
SK Chemicals has been recently named a “green management leader” in the 2012 Green Ranking for the second year in a row, a first for a Korean pharmaceutical company.
The Green Ranking evaluates the management’s ec...
Ildong signs antibody deal with US firm
Ildong Pharmaceutical said Thursday it has signed an exclusive licensing agreement with the U.S. based TG Therapeutics Inc. for the development and commercialization of the company's novel anti-CD20 antibody, Ublituxi...
11 first-aid products to be sold at 24-hour convenient stores
The Ministry of Health and Welfare said yesterday that 11 over-the-counter (OTC) drugs will be available in 11,538 convenience stores, roughly half of the nation’s convenience stores.
The selected items are classif...
Doctors to protest government policies as bad for quality of care
As the Korean Medical Association (KMA) and the government failed to reach an agreement over the 2013 medical service fee last month, the KMA Monday decided to declare its protest against the government, with an aim t...
