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Drug firms silent over OTC sale at supermarket
Attention has been focused on the movement of pharmaceutical companies as the Ministry of Health and Welfare announced its plan to allow 48 over-the-counter (OTC) medicines, including the popular Bacchus-D energy drin...
Dementia patients to get more aid
The National Health Insurance Corporation said Thursday that it will subsidize up to 30,000 won per dementia patient aged 60 years or older for medication as part of efforts to combat against dementia, focusing on ear...
Boryung’s new antihypertensive agent gets NET certification
Boryung Pharmaceutical Co., one of Korea's largest pharmaceutical companies, said recently that its novel antihypertensive drug “Kanarb (fimasartan)” has received the domestic New Excellent Technology (NET) certificat...
Supermarkets to sell 44 quasi-drugs in August
The Health and Welfare Ministry Tuesday announced, through its recent Notice, a list of 44 over-the-counter (OTC) products plus another four OTCs (liquid digestives such as Gaswhalmyungsu) that would be sold at retail...
Digestive pills are most popular at pharmacy
The Korea Institute for Health and Social Affairs reported Tuesday that 187 million won worth of digestive pills were sold at 537 pharmacies during six days in November 2009.
OTC products acting on respiratory syst...
SK Chemicals leads cell-culture-based vaccine production
SK Chemicals Co. is working hard to develop the next generation of influenza vaccines as well as pandemic vaccine candidates by utilizing its own cell-culture-based technology.
To this end, the company has recently...
Liquid digestives may be available at supermarkets from August
The Ministry of Health and Welfare and the Korea Food and Drug Administration said Tuesday that they plan to enact a bill to legislate the government’s over-the-counter (OTC)-related measure as planned.
The measure...
Medication fee to rise at general hospitals in October
Starting in October, 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 visitin...
Health ministry to revise Pharmaceutical Affairs Law
Health Minister Chin Soo-hee reaffirmed her determination she would push for revision of the Pharmaceutical Affairs Low to include them in what would be termed “freely sellable OTC products” in September.
In a pres...
Drug pricing reform will threaten pharmaceutical industry
The Korea Pharmaceutical Manufacturers Association (KPMA) said Monday that the country’s pharmaceutical sector could lose up to 1.5 trillion won until 2012 if the government is to implement reform on the pricing of dr...
