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Bacchus-F sales high at convenient stores
Dong-A’s popular energy drink, Bacchus-F, has been popular during Chuseok season after it supplied the product directly to non-pharmacy retailers across the country starting September 8.
A convenient store owner sa...
Dong-A teams up with GSK
Dong-A Pharmaceutical, Korea’s largest drug manufacturer, said Thursday that it has established a marketing and distribution partnership with GlaxoSmithKline (GSK), the world’s third largest pharmaceutical firm by rev...
European healthcare business delegation readies for promoting partnership
A European Union delegation of 37 companies focusing on healthcare and medical technologies are set to an exhibition at the COEX Convention Center Grand Ballroom on July 27-28.
The Gateway Program is comprised of 5...
Health insurance covers 594.9 billion treating cardiovascular diseases last year
Last year, the government spent 5,949 trillion won as medication costs to treat a variety of cardiovascular diseases, which accounted for 5.1 percent of the total drug costs in 2009, according to Rep. Park Sang-eun.
...
Pfizer's Viagra to faces stiff competition
Pfizer, which so far has been leading the domestic erectile dysfunction drugs market with its flagship medicine Viagra, will face a fiercer competition as the patent on Viagra expires in May 17 of 2012.
Currently, ...
Doctors oppose clinic promotion plan
The Korean Medical Association (KMA) and the government have clashed over a new plan, under which people suffering from chronic illnesses such as diabetes or hypertension will be able to get a discount on their medica...
Insurance coverage to be expanded for patients who visit neighborhood clinics
The national health insurance coverage for people suffering from chronic illnesses such as diabetes or hypertension will be expanded from the current 70 percent to 80 percent of consultation fee starting next year, th...
Could Zepid be viable in domestic anti-impotence drug market?
The Korea Food and Drug Administration (KFDA) recently approved the domestic sale of Zepid, a new type of anti-impotency drug.
Created by JW Pharmaceutical, Zepid is expected to be launched in the last quarter of t...
Government seeking to defoam drug prices
The Ministry of Health and Welfare has reaffirmed its plan to cut medicine prices and improve the pharmaceutical industry.
“We will revise related laws and regulations to have the new system take effect in January ...
FKCU demands job stabilization
The Federation of Korean Chemical Workers’ Unions (FKCU) protested against the government, Thursday, demanding it provide full guarantees of job stabilization in the domestic pharmaceutical industry.
The move comes...
