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Effient to be covered by health insurance

The Ministry of Health and Welfare said Thursday the national health insurance will cover a platelet inhibitor Effient tablets (prasugrel) from July to reduce the risk of blood clots from forming in patients who under...

LG’s Gimiglo to challenge multinational firms

The domestic 460-billion won oral diabetes markets may be encountered with a fierce competition between domestic and foreign multinational drug corporations when LG Life Sciences’ diabetes treatment, Gemiglo, jumps in...

New labeling rule to take effect from July

From July, customers will be careful to scan processed foods for dates, whether it is an expiration date, a sell-by date, or a use-by date. The Ministry of Health and Welfare and the Korea Food and Drug Administrat...

Dong-A is likely to join 1 trillion won club in sales next year

Dong-A Pharmaceutical Co. is expected to surpass 1 trillion won in sales next year. Market observers said that despite the government’s tight regulations and uphill competition, Dong-A will hit the landmark thanks ...

Sale of new drug for diabetes mellitus approved

A newly-developed drug for diabetes mellitus has received approval for production and sale from the authorities. Gemiglo (gemigliptin), developed by LG Life Sciences, has passed safety and effectiveness tests, beco...

Number of clinics tops 55,541 in first quarter

The number of clinics in Korea was 55,541 in the first quarter of this year, up 226 compared with the same period from a year earlier, and that of pharmacies rose 21 to 21,110, a state-run agency report said Wednesday...

Hansol CSN picked as associate logistics firm

The Korean Drug Logistics Cooperative (KDLC), which acquired an approval of incorporation from the Small and Medium Business Administration, a government agency, Tuesday, said that it decided to finally select Hansol ...

Markets in the treatment of eye disorders are emerging

Ophthalmology is entering one of the most remarkable phases in recent history of this industry; new technologies and treatment modalities for both visual acuity and major eye diseases may dramatically change the compo...

Mixed reactions over re-categorization of contraceptive pills

The morning-after pill will be sold without a prescription at pharmacies nationwide from as early as next year. Morning-after pills prevent a woman from getting pregnant if taken within 72 hours of sexual intercour...

GSK urged to keep profit margin of Augmentin

GlaxoSmithKline (GSK), is drawing protest from domestic drug wholesalers for its intention to slash the wholesaler profit margin from 10 percent to seven percent. But the company has still refused to accept the eig...

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