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Drug purchase by card mileage points subject to taxation
The Tax Tribunal, a government agency under the umbrella of Prime Minister, said Monday it rejected a pharmacist's petition that the current regulation imposing a composite income tax to the use of card mileage points...
Government urged to activate public hospitals
Concern is growing that legalizing Korean commercial hospitals on Jeju Island and foreign for-profit hospitals in the Incheon Free Economic Zone would decimate the country’s universal health care system.
Critics c...
Korea to tighten import controls on banned chemicals
The government will strengthen controls over manufacture and imports of 23 chemicals, such as ephedrine, that can be used to make narcotics, in line with a global effort to prevent the inflow of such substances, healt...
Multinational drug firms bite bigger share
With foreign drug makers taking a bigger share of the domestic prescription market taking a bigger share of the domestic prescription market, Korea's pharmaceutical companies have seen falling market share.
Korean ...
Pharmaceutical firms pile up cash reserves
Korean drug companies piled up cash reserves in the first half of this year, as they refrained from investing amid the market downturn stemming from the impact of the drug price cuts in April.
According to a report...
Pharmacy owners losing ground
The government is considering instituting the popular ubiquitous healthcare, while permitting on-line prescription and speedy delivery of medicines, which has triggered concerns from pharmacy owners.
Last week, the...
Government urged to overhaul revised emergency treatment regulation
The recently revised enforcement regulations aimed at enhancing its emergency medical services should be further overhauled to reduce nation’s death rate of emergency patients, the National Assembly Research Service (...
Kwangju city ranks first in health index in 2010
Kwangju was the healthiest city felt by its citizens among Korea’s 16 cities and provinces in 2010, a report showed recently.
The city had the lowest smoking rate with lower incidence of large intestine cancer and ...
Dong-A beats Kwangdong in energy drinks
Dong-A Pharmaceutical has taken a large lead over rival Kwangdong in energy drinks, reaping 82.4 billion won in Bacchus sales in the first half of this year.
By contrast, Kwangdong Pharmaceutical only reported 47.1...
Debate reignited over for-profit hospitals
The government will allow for-profit foreign hospitals to operate in the free economic zone (FEZ) in Incheon, the Ministry of Health and Welfare said last April.
The ministry said it has drafted guidelines to enab...