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GSK wins administrative suit over resale price

Korea’s top court has recently dismissed claims by the Fair Trade Commission in an administrative lawsuit against GlaxoSmithKline over resale price maintenance. The Supreme Court upheld lower court’s rulings in fav...

Night shift system at pharmacy under debate

The Korean Pharmaceutical Association (KPA) said that it has a plan to activate the night shift system so that more people will be easily able to buy medicine at night or on holidays at designated pharmacies. "To h...

Garlic for diet benefits?

Garlic may not be to every ones taste because of its pungent taste and smell, but it is worth experimenting with this herb if you have never tried it. Garlic is an excellent health giving food, the properties it conta...

Korean drug manufacturers’ dependence on co-marketing tops 20% in revenue

The domestic firms’ dependence on the co-promotion of other companies’ original brands reached 20 percent in earnings last year, according to Yakup Shinmoon. The trade paper said that 106 Korean companies achieved ...

Is legal sale of non-prescription medicine at retail stores possible?

The Korean Pharmaceutical Association is expected to hold a meeting with the health ministry to placate the public anger over supermarket sales of over-the-counter drugs between May 24 and 27. However, the associat...

KPMA to help pharmaceutical firms go global

The Korea Pharmaceutical Manufacturers Association is ramping up its overseas expansion drive, with the aim to boost drug sales of its member companies. “We will execute our expansion plan step by step, targeting m...

Takeda’s sales policy sparks protest

Local wholesalers have still gone up in arms against Takeda Korea’s margin policy, saying it will be a threat to their business. They will establish an emergency committee with an aim to get pharmacies and hospital...

KFDA to crack down on false drug labeling

The Korea Food and Drug Administration will not tolerate any violation of drug makers on country of origin, as the Korea Customs Service has recently discovered the false drug labeling of a foreign-invested pharmaceut...

Government to readjust drug management fee

The government plans to rationalize the drug management and dispensing fees at pharmacies, the Ministry of Health and Welfare said Wednesday. The ministry’s health insurance deliberation committee will announce an ...

Health insurance allowances total 8.4 trillion won in first quarter

Korea’s health insurance payments in the first quarter of this year amounted to 8.39 trillion won, up 8.7 percent from a year earlier, the National Health Insurance Corp. said Wednesday. Payments for hospitals acco...

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