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Korea's health insurance outlays up 9.5% in first quarter
Korea's first quarter health insurance outlays for examination and treatment rose 9.5 percent, compared to the same period last year, a state-run agency report said last Friday.
The National Health Insurance Corp. ...
Albumin goes to China
Albumin is to be export to China for the first time as a finished package, Korea Green Cross has announced on Tuesday.
The company is going to export $10 million's worth of albumin within this year and plans to in...
New drug logistics body set to help smaller wholesalers
The Small and Medium Business Administration (SMBA) approved on Tuesday the establishment of a new logistics cooperative, Korea Drug Logistics Cooperative (KDLC), to promote the domestic small- and medium-sized drug l...
Row on contraceptive pills rages
Controversy has been brewing recently over the release of morning-after pills.
The Korea Food and Drug Administration announced earlier the reclassification of some drugs. Under the changed regulations, birth cont...
Competition intensifies in Umckamim market
The generic drug market for herbal remedy Umckamim (pelargonium sidoides extract), which have been co-promoted by Yuyu Pharm and Hanwha Pharm, will face fiercer competition as the main patent for Umckamim already expi...
Ilyang’s Supect covered by health insurance
A novel leukemia drug Supect, which was developed by Ilyang Pharm, can be covered by the national health insurance.
The National Health Insurance Corporation decided to get Supect (rodotinib) 800 mg at 64,000 won p...
Lawmakers vow to renounce privileges and side jobs
Early this month, the governing Saenuri Party adopted a resolution on six reform measures for the abolition of lawmakers’ privileges and benefits, and the main opposition Democratic United Party (DUP) said Sunday it w...
Lee to head ethical sales divisionLee Byung-man, vice president of Boehringer Ingelheim Korea, has been appointed as a head to lead its ethical sales division, it was learned on June 20.
Lee joined Boehringer...
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GSK, pharmaceutical wholesalers at odds over distribution margin of Augmentin
GlaxoSmithKline (GSK) and drug wholesalers are on a collision course over GSK's move to lower the distribution margin of an antibiotic Augmentin tablets and syrups to seven percent from the current 10 percent.
Whol...
ODT-based Viagra generics to hit markets
The local generic drug market for Viagrea will face fiercer competition as the Korea Food and Drugs Administration (KFDA) accepted the generic drugs with new orally disintegrating dosage forms, including orally disint...
