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Some leading companies under fire over passive attitude
Some of 20 leading drug firms have been criticized for their lukewarm attitude over legal action against the government’s plan to slash insurance drug prices in April.
These companies are said to take a suit agains...
Lee re-elected to head pharmaceutical trade group
Lee Dong-soo, chief executive of Pfizer Pharmaceuticals Korea Ltd., was re-elected the 11th chairman of the Korean Research-based Pharmaceutical Industry Association on Mar. 5, the association said.
Lee graduated ...
Lilly Korea names new CEO
Lilly Korea said yesterday it has named Paul Henry Huibers as new president as of March 1 as a new president.
Huibers, 47, had a long career with Eli Lilly in his native Netherlands as well as in the U.S. and Portu...
Hospitals overcharged 3.59 billion won
Patients received about 3.59 billion won in medical fee refunds last year because some hospitals overcharged for health insurance coverage, health authorities said recently.
The Health Insurance Review and Assessme...
Local drugmakers urged to be ‘same boat’ over drug price-cut plan
The Korea Pharmaceutical Manufacturers Association is considering legal action to prevent the government’s plan slash the price of about half the drugs on the market by an average of 14 percent, which was announced on...
Experts calls for more active new drug development
The government’s plan to slash insurance-covered drug prices in April would establish grounds to reinforce fundamentals of the Korean drug sector and to shift from generic manufacturing to novel pharmaceutical innovat...
Establishment of two pharma-star graduate schools eyed
The government plans to support the establishment of two pharma-star graduate schools in the latter half of this year in Seoul and other metropolitan area as part of efforts to nurture global licensing and regulatory ...
KPA has 29,554 members
The number of pharmacists joining the Korea Pharmaceutical Association (KPA) posted 29,554 as of the end of last December.
KPA officials said the figure showed a slight increase compared with that seen from a year ...
Korea's pharmaceutical imports top $2.93 billion in 2011
Korea’s imports of pharmaceutical products stood at $2.93 billion last year, up $400 million from a year earlier, the Korea Pharmaceutical Traders Association said yesterday.
Imports of finished drugs posted $2.66 ...
Assembly to screen OTC drug sales bill on Mar. 2
Pharmacists are attentively watching the plenary session of parliament to be held on March 2 as lawmakers belonging to the National Assembly's health and welfare committee on Feb. 13 passed a bill to permit the sale o...
