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Kyung Hee Medical Center to face probe over rebate
The Ministry of Health and Welfare said Monday that the ministry and the Health Insurance Review & Assessment Service will jointly scrutinize Kyung Hee Medical Center (KMC) in relation to its undue business practices ...
Number of infertile patients tops 184,000 in 2010
The number of patients suffering from infertility recorded 150,000 as of the end of 2010.
The National Health Insurance Corporation (NHIC) said that the number of infertile patients in the country reached 184,000 -...
SK to strengthen technical ties with Chinese company
SK Biopharmaceuticals Co., which was established in April as a subsidiary of the SK Group’s holdings company SK Corp., said Sunday that it has signed a licensing agreement with a Chinese drug firm to develop and marke...
U.S. ratification on FTA will deal another blow to pharmaceutical sector
Both chambers of the U.S. Congress on Wednesday approved a free trade agreement (FTA) with Korea which will apparently help broaden the scope of the alliance.
The move is also expected to give another jolt to Korea...
Hospitals call for 4% rise in 2012 NHI price
The Korean Hospital Association said Thursday that the national health insurance (NHI) price for hospitals in 2012 should be increased up to 4 percent to normalize the overall management of hospitals in financial sham...
Generic war to be seen for Viagra
CJ CheilJedang Corp. said Wednesday it has filed its first nullification suit against Pfizer over the utility patent of erectile dysfunction drug Viagra.
The company said it has completed the bioequivalence tests ...
BMS’s leukemia drug gets new warnings
The Korea Food and Drug Administration (KFDA) Wednesday posted new warnings to doctors about a rare but dangerous side effect of a newly launched Bristol-Myers Squibb leukemia drug that can cause abnormally high blood...
Patent court rules against Sanofi-Aventis in patent suit
A patent court on Wednesday dismissed claims by French drug maker Sanofi-Aventis SA in a patent lawsuit against Boryung Pharmaceutical over their generic cancer medicine.
The court upheld the Korean Intellectual Pr...
Pharmaceutical firms call for drug price cuts to be made after 2014 by phase
Local drug firms proposed that the government’s plan to cut drug prices by an average of 17 percent starting next year be taken into effect by phase after 2014 to soften the blow on them, according to the Ministry of ...
Doctors, NHIC start negotiating 2012 NHI price
The National Health Insurance Corporation and the Korean Medical Association had an initial meeting on Wednesday, during which both sides expressed their position on NHI price next year.
However, an accord on NHI p...
