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Korea’s drug logistics market tops 44 trillion won in 2011
The country’s drug logistics market size for finished pharmaceutical products last year amounted to 44.1 trillion won, the HIRA said Tuesday.
The combined amount of 115 large companies reached 25 trillion won, whic...
Pharmacy owners skeptical of drug reclassification
The majority of pharmacy owners will not benefit from the recent reclassification of drugs to their pharmacy management, a poll showed on Tuesday.
According to the poll on 105 pharmacy owners by Seocho Pharmaceutic...
Medical bills for artificial tooth correction will go down
The costs that the elderly will have to shoulder for correction of denture will go down thanks to the government’s plan to restructure the national health insurance scheme, the Ministry for Health, Welfare and Family ...
Stem cells bring life to Korea’s biotech industry
Korea has steadily regained its place as a stem cell research powerhouse, relaxing regulations and producing the world’s first three commercialized stem cell treatments.
Global demand for stem cell therapies is for...
13 OTC products to be sold at convenience stores
Thirteen over-the-counter drugs will be sold outside pharmacies, including at 24-hour convenience stores, from Nov. 15. The selected items, including Tylenol and Brufen syrup, have been classified as first-aid remedie...
Pharmacists protest against changed labeling procedure
Pharmacists are complaining about the revised labeling regulation on the reclassification of 500 over-the-counter drugs into quasi-drugs.
The Korea Food and Drug Administration ordered pharmacy owners to attach a s...
KPMA favors ex-officials
The Korea Pharmaceutical Manufacturers Association (KPMA) plans to recruit an ex-policymaker to fill its biodrug department head seat in September.
The association hired Lee Kyung-ho and Kim Yeon-pan as chairman an...
Sanofi-Aventis Korea to collaborate with 4 university hospitals for clinical trials
Sanofi-Aventis Korea said Monday it has signed a memorandum of understanding (MOU) with four local university hospitals, such as Samsung Medical, Center, Seoul National University, Hospital, Asan Medical Center and Se...
Pharmaceutical lobby groups calling for abolition of cash incentive system
The country’s five drug organizations have called on the government to scrap the controversial cash incentive system for doctors and pharmacists, claiming that pharmaceutical companies here will collapse if the govern...
Eight drugs added to less insurance coverage have less coverage on 8 drugs
The Health Insurance Review and Assessment Service said Monday that eight medicines, including Ilyang Pharmaceutical’s Supect, a newly developed drug for myelogenous leukemia and Hanmi Pharmaceutical’s Rispidone, will...
