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Supermarkets to sell OTC drugs
People will be able to buy digestion pills or anti-diarrheal drugs at nearby drugstores or convenience stores within this year.
The Ministry of Health, Welfare and Family Affairs is considering revising the Pharmac...
Education ministry seeking to reorganize 6-year program at pharmacy college
The Ministry of Education, Science and Technology recently announced its plan to reorganize the educational system for a 6-year pharmacy college.
The proposed plan is part of the government's efforts to strengthen ...
Daewoong Bio completes largest GMP plant
Daewoong Bio, the nation’s leading pharmaceutical bulk prouder, announced Wednesday that it has completed construction of the largest cCMP plant in Hwasung, Kyunggi Province, in a move that will help the firm boost pr...
Annual per capita sales top 292 million won
Annual per capita turnover at 106 pharmaceutical firms stood at 292 million won, according to data released by Yakup Shinmoon.
According to the data, these companies have 38,661 employees and their combined sales h...
Health insurance coverage for medication to fall from September
Starting in September 1, fees for medication prescribed by general hospitals will rise by 50 percent as part of a government move to discourage patients with relatively minor illnesses from frequently visiting big med...
Pharmacists in Seoul protest against OTCs sales at convenient stores
Pharmacists in Seoul are vehemently opposing civic groups’ movement supporting the sale of nonprescription drugs at convenience stores, citing risks of increasing drug abuse or misuse.
“We don’t really need to allo...
Hospitals to file collect suit to nullify reduction of MRI test fee
The Korean Hospital Association said Wednesday that it will file a collective lawsuit against the Health Ministry to nullify the government's decision to lower MRI or CT test fees.
"We cannot let the medical insura...
Private health insurance market size hovers at 33 trillion won
Korea's private insurance market is expected to grow further as its market size in 2008 reached 33.4 trillion won, according to the Korea Institute for Health and Social Affairs.
In a forum held on Thursday, the in...
Korea to ratify EU FTA
A National Assembly committee will table a ratification motion for the free trade agreement (FTA) between Korea and the European Union (EU) on April 28, moving an inch closer to concluding four years of negotiations w...
Non-listed pharmaceutical firms’ annual per-capita turnover tops 260 million won
Domestic non-listed pharmaceutical producers’ annual per capita sale hovered at 260 million won on average, according to Yakup Shinmoon Friday.
Out of 57 non-listed pharmaceutical companies, the highest annual per ...