All Type of News
Establishment of drug distribution cooperatives eyed
The committee for the projected drug distribution cooperatives of small- and medium-sized pharmaceutical wholesalers has unveiled its plan to establish the cooperatives in collaboration with local or foreign enterpris...
Health ministry does not consider imposing tax on junk foods, alcohol
The Ministry of Health and Welfare committee said Thursday that it will not levy health promotion tax on alcohol and junk food for the time being, although the ministry committee on Wednesday discussed the new tax as ...
10 general hospitals get grade A in CABG surgery
The Health Insurance Review and Assessment Service (HIRA) Friday made public the assessment results of 77 general hospitals across the nation with the ratings of coronary artery bypass grafting (CABG) in patients with...
Antitrust agency chief gives warning to drugmakers
Fair Trade Commission (FTC) Chairman Kim Dong-soo Thursday issued a strong warning to drug manufacturers over their irregular business practices, indicating tough law enforcement in the future in order to induce volun...
Geoyoung to go on IPO
Geoyoung Group, the largest domestic pharmaceutical wholesaler, said it plans to file an initial public offering (IPO) to list its shares on the tech-loaded Kosdaq market in the second half of next year.
To this en...
Pharmacists to publicize misuse or overuse of medicines
The Korean Pharmaceutical Association (KPA) said it plans to distribute posters to pharmacies nationwide to warn consumers that supermarket sales of medicines could lead to drug misuse and abuse.
The poster indicat...
KFDA approve 3 natural products in first half
The Korea Food and Drug Administration said Wednesday it approved three natural products, including Dong-A’s digestive drug, in the first half of this year.
Among six natural products that have approved since 1999,...
Government urged to boost local pharmaceutical industry
In recent years, uncertainty has tended to increase in Korea’s pharmaceutical industry as a result of the government’s campaign to lower drug prices.
To lower drug prices, the government has implemented a series of...
DUR system for OTC medicines to take effect from September
The government said it will introduce a mandatory Drug Utilization Review (DUR) system for 3,325 over-the-counter (OTC) drugs from September, according to the Health Insurance Review and Assessment Service (HIRA).
...
Sanofi Aventis Korea unchanges company name
Sanofi Aventis Korea decided to maintain its company name while using the changed logo of Sanofi.
By contrast, French based Sanofi-Aventis shareholders approved a proposal by the board on May 7 to simplify the Fre...