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Ministry, pharmacists to discuss easier access plan to OTC drugs

The Ministry of Health and Welfare and representatives from the Korean Pharmaceutical Association are expected to have a meeting within this week to discuss the sensitive issue to allow supermarkets to sell more over-...

Lee names KFDA chief as new senior secretary

President Lee Myung-bak yesterday named Noh Yun-hong, a technocrat currently heading the Korea Food and Drug Administration, as Lee’s new senior secretary for employment and welfare. In a press release, Cheong Wa D...

Lee to appoint new KFDA chief

President Lee Myung-bak is expected to name the next head of the Korea Food and Drug Administration as Noh Yun-hong on Sunday was tapped as senior secretary for employment and welfare. Pharmacy college Professor Ki...

Drug makers threaten to take legal complaint against health ministry

So far, the pharmaceutical industry has raised their voice against the government’s plan to cut generic drug prices by up to 14 percent starting next year. The Ministry of Health and Welfare unveiled a plan to cut ...

Wholesaler gets ISO certificate

Poongwon Partners, a local wholesaler, said Thursday it has received ISO certification for quality and environmental management system for recognition of its transparent management through renovation. Poongwho, loc...

Constitutional Court to rule on financial integration of health insurance

The Constitutional Court, which examined the statements of experts in a suit Thursday, will deliver a verdict on a key issue regarding the financial integration of the country’s health insurance scheme adopting two ca...

Health ministry on the rack over pharmacy’s costs

The Ministry of Health and Welfare’s attempt to readjust pharmacy’s management and dispensing fee was crushed Thursday as representatives of pharmacists, doctors, consumers and the administration failed to reach an ag...

Government gets tough on health insurance fraud

The government will disclose the names of pharmacies that are found to have submitted falsified reports of drug dispensing costs to the Health Insurance Review and Assessment Service, according to the Korean Pharmaceu...

Business plan, headache for multinational firms

Reflecting increasing uncertainty due to the government’s pressure to slash drug prices, multinational drug firms in Korea are delaying the formulation of their business plans for next year. At this time of the ye...

Health ministry to push drug pricing reform

Health and Welfare Minister Rim Che-min indicated Wednesday that his ministry will not seek to push its plan to slash the price of about half the drugs on the market by an average of 14 percent starting next year. ...

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