All Type of News
Shutdown of discount chains causes troubles to pharmacies
The new parliament is pushing to quickly enact a bill that will reduce business hours for discount store chains and super-supermarkets (SSMs), raising the ire of pharmacies owners.
Under the current law, large stor...
Drugmakers challenge Viagra with diverse dosage forms
Local drug firms are gearing up to enter the 100 billion won anti-impotence drug market as the main patent of the market leader, Pfizer’s Viagra, expired on May 17.
The release of generics is expected to give wider...
Takeda’s thinner margin policy rekindles debate
As Takeda Korea reduced its wholesaler margin up to 4 percent, the company’s lower margin policy is resurfacing in the domestic wholesaling industry.
An emergency committee of the Korea Pharmaceutical Wholesaler As...
Doctors urged to be harmonious with government-mandated DRG system
Fees for seven different medical treatments including cataract surgeries and caesarean sections will go down by an average of 21 percent from July.
However, the change is fiercely opposed by the Korean Medical Asso...
Constitutional court rejects petition by KMA head
The Constitutional Court rejected a petition by Kyung Man-ho, ex-head of the Korea Medical Association (KMA), Thursday, ruling that the current integrated medical insurance is constitutional.
“The national health ...
Concerns growing over adverse effects of co-marketing with multinational firms
There are worries that Korean drug firms’ co-marketing strategy with foreign firms could result in decreasing investments in research and development, which is considered a future growth engine for the country’s pharm...
HIRA to designate hospitals for Soliris
From August 1, the national health insurance will cover Soliris (eculizumab) as a treatment for patients in Korea with paroxysmal nocturnal hemoglobinuria (PNH), the Health Insurance Review and Assessment Service said...
Pacific Pharma faces suspension or delisting for non-compliance
Korea Exchange, the country’s bourse operator, announced on Thursday it may suspend the trading of Pacific Pharma shares from July 1 due to their non-compliance to the Listing Act clauses.
KRX said that from the co...
Korea to introduce DRG program from July
Fees for seven different medical treatments including cataract surgeries and caesarean sections will go down by an average of 21 percent from July.
The Health Insurance Policy Review Committee of the Ministry of He...
Pfizer loses Viagra patent suit in Korea
Pfizer Inc. lost patent suit in Korea relating to the world’s bestselling anti-impotence pill Viagra, thus Korean-made generic versions are expected to rush into pharmacies.
The Korea Intellectual Property Tribunal...