All Type of News
Korean companies urged to seek M&As to counter drug price cuts and US FTA
Domestic drug makers should focus on seeking mergers & acquisitions (M&As) to enlarge their sales volume to survive in an era of the Korea-U.S. FTA and massive drug price cuts, an expert said.
“Local companies shou...
KHSA publishes market report for health supplement foods
The Korea Health Supplement Association (KHSA) has published a 2011 health food market report as part of efforts to nurture local industries per region under the support of the Ministry of Knowledge Economy.
With a...
Government to promote global clinical trials
The government unveiled its plan to support at least two local clinical centers next year to cultivate Korea’s research capabilities.
In a local seminar held on Tuesday, R&D Business Promotion Center official Kim M...
KPMA to select large legal service providers
The Korea Pharmaceutical Manufacturers Association (KPMA) is expected to pick up one or more large law firms to deal with its planned lawsuit against the Ministry of Health and Welfare for the latter’s plan to slash d...
Korean pharmaceutical companies likely shy of M&A
Companies could benefit from mergers and acquisitions (M&As) in the changing business environment of the 21st century, but Korean drug firms shows a negative attitude towards M&As due to the government’s plan to slash...
Health ministry revises pharmacy’s dispensing plan
The health ministry said yesterday that its Health Insurance Policy Deliberation Committee approved the revised dispensing plan to fix the pharmacy management fee to 470 won per visit.
Under the plan, the additiona...
Medication fee hike at general hospitals triggers debate
The Ministry of Health and Welfare increased share of patient’s pay for prescription drugs two months ago as part of a government move to discourage patients with 52 minor diseases from frequently visiting big medical...
LG Life Sciences releases new meningitis vaccine
LG Life Sciences said Monday that a new meningitis vaccine Euhib injection has been launched here.
Meningitis is a general name for an infection of meninges - the fluid and membranes that surround the spinal cord a...
Experts call for prudence in lawsuit plan timing
Domestic drug makers should be extra careful in picking the right moment for lodging a lawsuit against the Ministry of Health and Welfare for its plan to slash drug prices next year as any premature action could invit...
Korea Drug Logistics Cooperative drawing keen interest
As combined sales of the planned Korea Drug Logistics Cooperative for small- and medium-sized wholesalers is expected to reach 1.5 billion won annually, a number of wholesalers and even drug firms have expressed their...
