All Type of News
Government seeking settlement of medical/dispensing fee in June
The Ministry of Health and Welfare is considering winding up the negotiation of medical and dispensing fees paid to healthcare provider at the end of June every year as part of efforts to ensure better operation of na...
E-Mart to open new drugstore
E-Mart, the country’s largest supermarket chain, is looking to tap into the local drugstore market, where the number of large retail groups is rapidly increasing.
E-mart officials said Monday it will open its first...
Pharmacies at nearby hospitals hit by government-mandated cuts in drug prices
Pharmacies adjacent to hospitals, which are using an automatic package machine, have complained about a bigger sales loss due to the fact that the price of pharmaceuticals prescribed by doctors fell by 14 percent on a...
Sales of 10 largest multinational firms grow 3% in 2011
The combined sales of top 10 multinational drug firms in Korea grew a mere three percent on-year in 2011, while their net profit jumped 56.4 percent on average, data showed Monday.
The data compiled by Yakup.com, a...
Wholesalers’ sales inch up while profits plunge in 2011
Korea’s pharmaceutical wholesalers saw their sales creep two percent on-year in 2011 while their profits sharply plunged, a report said Monday.
According to data released by Yakup.com, a pharmaceutical information ...
Gonarthrosis rising in 5 years
With Koreans living longer due to a better diet and healthier lifestyle, the number of people suffering from gonarthritis, also called the arthrosis of the knee, is spiraling up year after year, generating huge social...
Controversy mounts over new medical policy
Tension is escalating between doctors and the government over the government’s initiative to discount medical fees for people who designate neighborhood clinics as their primary care facilities.
On April 1, the gov...
Boryung’s research center to go global
Boryung’s research center marked the 30th anniversary Saturday in Ansan, pledging to expand its businesses abroad while creating opportunities to developed new drugs through cooperation with foreign firms.
“We will...
Three pharmaceutical firms urged to meet drug compensation program
The Korean Pharmaceutical Association called for three drug firms – GlaxoSmithKline, Hwari and Alfa – to come up with their drug compensation plan.
In a meeting on Thursday, the KPA affirmed its position to have ph...
Doctors challenge government’s medical initiatives
A dispute has arisen over the government’s plan to reduce out-of-pocket costs for patients with chronic conditions that came into effect in April.
On April 1, the government enacted the Chronic Disease Maintenance...