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Pharmacists baffled at passage of bill to permit drug sales at convenient stores

Uncertainty shrouds pharmacists as a parliamentary subcommittee on Monday passed a bill to permit the sale of certain drugs at 24-convenient stores that could make it easier for people to buy medicine without going to...

65% of customers favor less expensive drugs

Almost seven out of every 10 Korean people consider drugs with more reasonable price, a survey released Monday showed. In the survey by the Health Insurance Review and Assessment Service, 64.7 percent of the respo...

Two women at drug firm challenge youth politics

Two women at drug firms applied for the “youth proportional representation” program, which is adopted by Democratic United Party as a new method in its candidate nomination process for the April 11 general elections. ...

Assembly’s health and welfare subcommittee passes OTC drug sales bill

The National Assembly's health and welfare committee on Monday passed a bill to permit the sale of certain drugs at local supermarkets and general stores that could make it easier for people to buy medicine without go...

Ilsung president to run for KPMA’s next president

Ilsung Pharmaceutical President Yoon suk-geun said he want to be the next president of the Korea Pharmaceutical Association. In a press interview Monday, Yoon said it will steer change in the KPMA. “I want to be...

Major Firms’ sales inch up, profitability down in 2011

Pharmaceutical major companies saw their revenues edge up last year. But their ability to generate cash from a variety of operating activities fell on worsening profitability as a result of the government’s tight ...

Costs of rare drugs

Will patients with multiple myeloma be able to get cheaper and better drugs this year? Now all eyes are on the Ministry for Health, Welfare and Family Affair committee's decision on the price of Revlimid (renalidomide...

Korea United bring out clopidogrel plus aspirin brand

Korea United Pharm is bringing Clavixin Duo capsule, a combination of clopidogrel and aspirin, to the nation thus expanding its business horizons beyond the traditional pharmaceutical segment. The company held its...

Bacchus, digestives may be sold at supermarkets: court

A court ruled Friday that it was not unlawful to sell Bacchus, a popular energy drink, and digestives at supermarkets and convenient stores. The Seoul Administrative Court ruled against 66 pharmacists who filed a s...

Local drugmakers urged to seek overseas expansion

Many experts paint a gloomy picture for the Korean pharmaceutical industry that awaits a policy to slash drug prices this year. So far, attention has been drawn on who will break a trillion-won barrier in sales in ...

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