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Government calls for RCT data over 41 therapeutic categories

Manufactures of drugs that belong to 41 therapeutic categories will have to submit the randomized controlled clinical trial (RCT) data to the Health Insurance Review and Assessment Service until May 16, as the HIRA wi...

Medication fee for rheumatoid arthritis will go down

The mediation costs that individuals will have to shoulder for treatment of rheumatoid arthritis (RA) will go down thanks to the government’s plan to restructure the national health insurance scheme. From May 1, th...

Wholesalers protest against Takeda’s low margin policy

Domestic wholesalers have recently protested against Takeda Pharma Korea, demanding it provide a 12-percent wholesaler margin as given before by CJ Cheiljedang. The move came when Takeda reduced the wholesaler marg...

Non-listed drugmakers reluctant to spend on R&D

Non-listed Korean manufacturers that chalked up sales of over hundred billion won last year, invested less than 1 percent of their revenue in research. Yakup Shinmoon said recently that three out of 31 firms with a...

Pharmacists to be hit by deregulation

Despite vehement opposition of pharmacists against the government plan to allow over-the-counter drugs at convenient stores on Sundays and Holidays, general consensus is that OTC products should be marketed at non-pha...

KPA president pressed to resign

Pharmacists have called for incumbent president Kim-ku of the Korean Pharmaceutical Association (KPA) to step down, on his inability to prevent the government plan to allow OTC products at special places. In a spec...

Government to look into actually purchased drug prices in hospital

The Health Insurance Review and Assessment Service (HIRA) said Monday that it has launched an information session on an incentive system of providing medical facilities and drugstores that purchase medicine at lower p...

Government offers incentive for hospitals on holiday treatment

Beginning from this month to October, hospitals can receive monetary incentives on their medical service on holiday. The Ministry of Health and Welfare has recently announced an incentive plan for hospitals who pro...

Bacchus, bestselling product

Dong-A Pharmaceutical’s Bacchus drink turned out as Korea's best-selling drug product last year, industry data showed recently. Bacchus, a tonic product, sold 128.2 billion won's worth last year, according to data ...

Plan to allow OTC products at supermarkets provokes protest

The government's move to allow over-the-counter (OTC) medicines at non-pharmacy stores has provoked criticism from the local pharmacists association. The Seoul Pharmacist Association Thursday is vehemently opposing...

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