All Type of News
Pharmacies to be opened inside sub-way station area
From the latter half of the year, pharmacies will be allowed to be established in the premises of sub-way station, and customers will be able to buy health functional products, such as red ginseng and royal jelly, at ...
Government seeks to foster Korea’s medical service sector into global power
The Ministry of Strategy and Finance has unveiled its plan to find and financially support the country’s new growth engines, saying globalization has long been an agenda for Korea’s service industry due to its small d...
GSK names new executives in shake-up
GlaxoSmithKline (GSK) promoted Kim Soo-kyung, marketing head of consumer goods business division, as its executive in a management reshuffle as of July 1.
The other three new executives are Yoon Sang-bae, hea...
10 drug makers urged to settle returned medicine issue
Pharmaceutical wholesalers on Tuesday announced a list of ten drug makers, including Daewoong Pharmaceutical and JW Pharmaceutical, who failed to settle the price difference of medicines returned to them during the fi...
Combo pills perk up firms’ profits
It has become more common for patients with blood sugar problems and high blood pressure to treat both ills with one pill a day – a more convenient way to manage multiple medications, particularly for the elderly.
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Females outnumbers males for pharmacy visit
More women in their 50s visited pharmacies than men for drug dispensing at pharmacy.
According to a report by the Health Insurance Review and Assessment Service, doctors issued 1,25,811,361 prescriptions in the fir...
Pharmacy’s monthly average dispensing fee tops 11.5 million won in first quarter
Each pharmacy earned a monthly 11.57 million won on average as their drug dispensing fee in the first quarter of this year, when the tally excluded from drug costs, the Health Insurance Review and Assessment Service s...
KHSA to have dominant say in local foods industry
The Korea Health Supplements Association (KHSA) will have a dominant say in the domestic health in health functional food industry as a major business lobby group as large food makers are willing to join the associati...
Drug makers face worst performances in 2Q
The country’s eight leading pharmaceutical companies including top-tier ones have struggled to find their feet during the second quarter, even before a government-mandated price cut came into effect.
Market leaders...
Restructuring to hit pharmaceutical sector
Korea’s pharmaceutical sector is headed for a fresh round of restructuring, with many small- and medium-size companies pushing employees to opt for early retirement plans amid growing worries over the lackluster earni...
