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Shortage of hospital pharmacists getting serious
Many hospitals will suffer from a shortage of nurses pharmacists and the deficiency is expected to get worse if the current healthcare programs are taking effect without further change.
Data released by the Korean ...
Court’s final ruling due over drug price cuts
The Seoul Administrative Court is expected to make its final ruling on February 17 on a suit of seven pharmaceutical firms with the court against the Ministry of Health and Welfare for nullify its improper price cuts ...
Government urged to support pharmaceutical companies to gain global competitiveness
In addition to the rebate regulation solution, the Ministry of Welfare needs to find ways of supporting pharmaceutical companies to gain global competitiveness and at the same time, innovative incentives are needed to...
Re-negotiation proposal over OTC drugs voted down
A proposal, designed to re-negotiate with the Ministry of Health and Welfare the controversial sales issue of OTC drugs at convenient stores was marginally voted down in the special meeting of the Korean Pharmaceutica...
Concerns growing over Pfizer’s tactics to advance into generic market
Controversial tactics that Pfizer Korea is using to protect its revenue through selling of seven generic drugs could become a model for the domestic pharmaceutical industry as more multinational companies lose exclusi...
Debate over unified health insurance
The country has unified medical insurance, and the National Health Insurance Corporation (NHIC) currently runs a compulsory, universal health insurance, which covers almost the whole population.
However, a local pr...
Controversy mounts over highly public figure’s remarks
“The total sum of illegal rebates in Korea’s medication cost of 13 trillion won is estimated at 2.18 trillion won and thus, a thorough and cruel crackdown on kickbacks should be inevitable in the local pharmaceutical ...
Daewoong’s Ursa commercials win acclaim in 2011
Daewoong Pharmaceutical Co.’s commercial for Ursa hepatic drug, in which footballer Cha Du-ri sang a catchy theme song, received the overwhelmingly positive reactions from viewers and the market last year, a poll show...
Why do salespeople commit suicide?
Pressure from poor performance is something unavoidable for salespersons and can bring about deadly consequences, if it's poorly managed.
Experts say the intensity of such pressure has increased in recent years du...
12 brand-name drugs prices to be cut
The National Health Insurance Corp. says it is now negotiating with multinational firms to readjust the reimbursement prices for 12 brand-name drugs as their predicted volume is exceeded by a level of 60% from the pre...
