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Generic Boniva to hit markets
Osteoporosis drug Boniva (ibandronate sodium), a GlaxoSmithKline and Roche product, will soon face its first generic competitors.
Thirteen local pharmaceutical companies received the regulatory approval last month ...
93.7% of Koreans favors long-term insurance for elderly
Most Koreans feel that the long-term care insurance program for the elderly is needed, according to a survey.
The finding came from a survey of 932 people between June 13 and 15 by the National Health Insurance Co...
Cho-A creates hGH that may help improve aging process
Heterogenous expression of recombinant proteins in milk of livestock at a large scale is very labor-intensive to be achieved with current transgenic animals, and usually seen as time-consuming, expensive and technical...
More than 100 Bayer Healthcare employees let go
Bayer Healthcare said Sunday it had dismissed more than 100 employees in its volunteer retirement scheme aimed at cutting costs and streamlining operations.
The retirees will be given monetary compensation equivale...
Doctor’s association withdraws operation boycott plan
A doctors’ group said Friday that it would drop a plan to strike, scheduled to begin from Sunday, in protest against the government’s new medical service pricing plan.
Roh Hwan-kyu, head of the Korean Medical Assoc...
Elderly account for 33.3% of nation's spending on health
Senior citizens accounted for 33.3 percent of healthcare costs covered by the National Health Insurance Corporation (NHIC) last year, a state-run agency report said Sunday.
The National Health Insurance Corp. (NHIC...
Drug Logistics Cooperative, Hansol CSN team up for logistic center
Korea Drug Logistics Cooperative (KDLC) said Sunday that it has struck a business tie-up with its business partner Hansol CSN, a local provider of logistics solutions, to boost the domestic small- and medicum-sized ph...
Yoon Jae-seung named president of Daewoong Pharma
Yoon Jae-seung, incumbent vice chairman of Daewoong Group, was named president of Daewoong Pharmaceutical Co. at its board of directors meeting on Thursday.
Yoon’s nomination reflects the company’s strong will to ...
Convenient stores to sell OTC drugs from November
Twenty over-the-counter (OTC) drugs including analgesics, cold medicine and digestive tablets will be sold at convenience stores from November 15, the Ministry of Health and Welfare said Friday.
The government allo...
Top five pharmaceutical companies expected to fare well in second quarter
Despite the brunt of government-imposed price cuts and the stepped-up competition, the so-called “big five” drug makers in Korea will see their revenues increase in the second quarter of this year, unlike the original...
