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Pharmacies hit by sweltering summer wave and heavy downpour

Pharmacy owners in Seoul are suffering steep falls in sales due to sweltering summer heat and unpredictable downpours. A pharmacist, who runs a pharmacy in Jongno in central Seoul Wednesday, said his daily sales dr...

Dongwha Pharma, oldest among Korean companies

Among the country’s 736 major companies listed on the Seoul main bourse, Dongwha Pharmaceutical Co. is the oldest company surviving and thriving for a century or more, a Seoul-based association has reported. Donwha...

Medication fee to rise at general hospitals

Fees for medication prescribed by general hospitals will double from their current level as part of a government move to discourage patients with relatively minor illnesses from frequently visiting big medical institu...

Ursa most effective advertisement in first half

Among the popular TV advertisements in the first half of this year, Ursa that were advertised in TV from last December to April this year is remembered as the attractive advertisement, according to the Korea CM Strate...

Pharmacists challenge DUR system

Pharmacists are have threatened to boycott the planned Drug Utilization Review (DUR) system for over-the-counter (OTC) drugs as the Ministry of Health and Welfare today gave a 20-day notice for a bill allowing the sal...

Controversy to brew over reclassification of medicines

The government announced Thursday it will seek approval for a bill to revise the Pharmacist Law at the National Assembly in September for the sale of cold remedies, antipyretics and analgesics as over-the-counter (OTC...

KFDA to recruit 79 people in bio drug sector

The Korea Food and Drug Administration plans to hire 79 new people to effectively cope with the local biopharmaceutical licenses. The KFDA’s recruitment plan is in response to calls to create a department to deal w...

OTC medicines are deemed expensive at supermarkets

The overall prices of over-the-counter medicines, which were allowed to be sold at supermarkets and convenient stores from July 21, are expensive than those in drug stores. Yakup Shinmoon reported Thursday that Bac...

Drug firms pressed to supply OTC medicines to supermarkets

Domestic drug makers are in hot water over the issue of supplying over-the-counter (OTC) drugs outside pharmacies. President Lee Myung-bak on July 26 asked Minister of Health and Welfare Chin Soo-hee on whether res...

Korean medical device market tops 4 trillion won in 2010

The Korean medical device industry has been growing year by year. According to the Korea Food and Drug Administration, the market went up 7.1 percent to almost 4 trillion won last year. The KFDA said the market ...

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