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Existing prices of 121 drugs to be maintained

The Ministry of Health and Welfare announced its notice, Friday, that the conventional prices of 121 drugs from six pharmaceutical firms remain unchanged. Among them are the nation's No.1 pharmaceutical's ― Dong-A'...

New medication fee plan, headache for pharmacy owners

Recently, pharmacists have also found it increasingly difficult to deal with a lot of complaints from patients with minor diseases after visiting a general hospital. “These patients do not understand why they shoul...

Pharmaceutical risk-sharing agreements

Increased spending on pharmaceuticals continues to foster debate over healthcare policy. The increasing costs of bringing new drugs to the market, as well as increased utilization of pharmaceuticals contribute to incr...

29 listed drug firms see market value drop

The combined market value of the KOSPI-listed 37 pharmaceutical firms by assets reached 9.31 trillion won as of end of September, down 1.52 trillion won from the end of 2010 lingering uncertainties over the financial ...

NHIC seeks 2011 NHI price negotiation

The local health providers and the National Health Insurance Corporation (NHIC) had a meeting Friday to discuss the contract of the National Health Insurance (NHI) reimbursement prices next year. The six medical an...

Insurance charges over ESD procedures to rise

The Ministry of Health and Welfare said Friday that it will raise the insurance fee of procedures of endoscopic submucosal dissections (ESD). Under the revised regulation, charges will increase to 245,000-334,000 w...

Ahngook forges strategic tie-up with Astellas Korea

Ahngook Pharmaceutical said Friday that it has established a marketing and distribution partnership with Astellas Korea. Under the deal, Ahngook is in charge of selling Astellas drugs using its extensive domestic ...

ISSA’s regional office to open in Korea

The National Health Insurance Corp. said Monday that it will hold an opening ceremony Wednesday to commemorate another establishment of the International Social Security Association (ISSA)’s regional office in Korea, ...

Government to raise medication fee at general hospitals

Starting tomorrow, fees for medication prescribed by general hospitals will double from their current level as part of a government move to discourage patients with 52 relatively minor illnesses from frequently visiti...

Health ministry’s plan would increase drug prices for diabetic patients at general hospitals

The Ministry of Health and Welfare plans to increase the share that patients must pay for prescription drugs from October 1. But such a change will hit diabetic patients hard. When the plan would take effect tomor...

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