All Type of News
Quasi-drug law to be revised
A National Assembly committee Tuesday endorsed a revision of the Pharmaceutical Affairs Law requiring quasi-drug suppliers to make more detailed description of the ‘precaution in use’ into a monograph.
The bill pas...
Mvix new dosage form enjoying high popularity
SK Chemical’s Mvix-S orally dissolving film (ODF) 50 mg has gained strong popularity among customers, exceeding 100 phone calls a day.
Its monthly sales have steadily risen to 1 billion won and the sharp rise in sa...
GSK names new executives in shake-up
GlaxoSmithKline yesterday promoted Yoo Sam-dong, executive managing director, as its executive vice president in a management reshuffle which involved several executives.
The company also promoted Yeon Tai-joon, m...
Pharmacists call for resignation of KPA president
Pharmacists Monday demanded the resignation of the Korean Pharmaceutical Association (KPA)’s president Kim Ku, blaming him for a behind-the-scenes agreement to allow the sale of non-prescription drugs at 24-hour conve...
Drug makers’ suit against health ministry is imminent
The Korea Pharmaceutical Manufacturers Association unveiled its plan to file a lawsuit against the Ministry of Health and Welfare on and about December 28 to nullify the government's plan to slash drug prices next yea...
Drugmaker file suit against NTS
A Pharmaceutical company filed a suit with the Seoul Regional Tax Office on Dec. 20, demanding it slash 20 billion won from the kickbacks of 80 billion won that had been paid to doctors and pharmacists for the past th...
Korea to boost benefits for foreign patients
Hospitals will be able to sell drugs to foreign patients directly without having to refer their prescriptions to nearby pharmacies, which was approved by a Cabinet meeting on December 27.
The measures come as Korea...
List of drugs to be slashed should be made public earlier
The government plans to slash the price of about half the drugs on the market by an average of 14 percent starting next April, the Ministry of Health and Welfare said Monday.
According to the ministry, 7,500 items ...
Over-the-counter drugs to be available at convenient stores
From as early as next August, cough drops and pain killers will be sold at 24 hour-convenience stores, the Ministry of Health and Welfare said Friday.
After months of vehement resistance from pharmacists, the minis...
Pharmacists’ group agrees to revise pharmaceutical law
The Korean Pharmaceutical Association has decided to accept a revised bill that would allow convenient stores to sell over-the-counter drugs.
A day before the ministry’s report of next year’s plan to President Lee ...
