All Type of News
Doubts about bill to permit supermarket drug sales
Questions are being raised over the passage of a revision bill to permit the sale of certain drugs at convenient stores, which is set to pass the outgoing 18th National Assembly next Tuesday.
Last February, lawmake...
Few rewards for innovation
The main reason why companies want the pharmaceutical market and the pricing and reimbursement system to be predictable and transparent is that pharma R&D investment is very long-term and carries a significant risk of...
Uncertainty shrouds pharmacies in large retail stores
Sales of pharmacies located in large retail supermarkets are likely to suffer further setbacks in the coming months as more than 100 large supermarkets closed on Sunday in accordance with a new law aimed at protecting...
Concerns growing over over-the-counter & prescription drug abuse
A number of prescription and over-the-counter (OTC) drugs are produced each year in Korea. Although most people use these medications properly, a significant number of people partake in prescription drug abuse and OTC...
Health ministry probes retail prices of popular OTC drugs
The government is embarking on a probe to examine the actual market prices of 200 over-the-counter drugs at pharmacies, which have been frequently used by consumers between July 2011 and April 2011.
According to th...
Drug wholesalers spend less on entertainment
The burdensome banking costs and credit card fees of the past year had wholesalers scramble to tighten their purse strings, Yakup.com, a pharmaceutical information company, said yesterday.
A total of 33 wholesalers...
DUR system is on right track
The government-imposed review of prescribed drugs has been on the right track since December 2010, the Health Insurance Review and Assessment Service (HIRA) said yesterday.
According to data by the HIRA, a total of...
KMA, government poles apart over two policies
Without a doubt, the tension between the Ministry of Health and Welfare and the Korean Medical Association (KMA) is culminating this month.
Doctors are vehemently opposing the government’s plans to acknowledge othe...
Drug makers keen on innovative pharmaceutical firms
Local drug firms have been vying to be designated as innovative firms as the government pledged to select 50 companies as “innovative pharmaceutical firms,” subject to tax deduction, price raises, financial aid, resea...
KFDA announces post-surveillance results of 86 medicines
The Korea Food and Drug Administration has recently issued updated recommendations concerning adverse events of 86 drugs based on their post-surveillance results over the past 6 years.
According to the safety annou...
