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KFDA to set up Korea Institute of Drug Safety Management
In order to efficiently deal with drug-related adverse reactions, the Korea Food and Drug Administration will establish the Korea Institute of Drug Safety Management under a revision of pharmaceutical affairs law.
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Assembly passes bill to prevent drug sales by ineligible wholesalers
The National Assembly Friday passes bills aiming at overhauling the domestic drug distribution system.
The approved bills are expected to ensure a fair trade law at medical institutions and pharmacies, pharmaceutic...
Patients with bipolar disorder rise 6.6% annually
The Health Insurance Review and Assessment Service (HIRA) said recently that the number of patients being treated for bipolar disorder has risen by 6.6 percent every year.
In 2010, 55,000 people had their bipolar dis...
79 drugmakers spend 321.7 billion won of revenue on promotion in 2010
A total of 79 Korean drug manufacturers spent 321.7 billion won to promote their products last year, showing a 10-percent decrease compared with 358.6 billion won from a year earlier, according to data released by Yak...
Government to allow OTC drugs at specific places
The government is considering allowing the over-the-counter (OTC) drugs at specific places as people have demanded the legal sale of non-prescription medicine at retail stores.
To tackle the restricted access at ni...
Government to expand DUR coverage to OTC products
Starting from July, the current Drug Utilization Review (DUR) system will cover the over-the-counter (OTC) drugs as well as prescription drugs at pharmacy, the Health Insurance Review and Assessment Service (HIRA) sai...
Chong Kun Dang opens R&D center
Chong Kun Dang Pharmaceutical said Wednesday it has opened Hyojong research & development (R&D) center in Yongin City, Kyunggi Province.
Hyojong stands for a dawn-breaking bell, reflecting the company’ motto to dev...
Samjin to export antiplatelet agent to overseas market
A Korean pharmaceutical company, Samjin Pharma, yesterday said it will export its antiplatelet agent containing clopidogrel hydrogen sulfate to China and the Philippines.
Under the agreement, Samjin will deliver US...
Supermarkets to sell drugs in May
Next month, people will be able to buy digestion pills or cough drops at nearby drugstores or state-designated convenience stores on holidays or at night-time.
“It is quite necessary for consumers to have easy acce...
Prices of 641 drugs to be reduced from June
The Ministry of Health, Welfare and Family Affairs said Monday that health insurance prices of 641 drugs will be reduced from June by around 0.68 percent.
For the reassessment and cutbacks of the drug prices the mi...
