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Probe targets major pharmacies
Starting from April 5, the government has launched an intensive investigation into widespread kickbacks on pharmacies.
In its first phase, the joint investigation body consisting of the Ministry of Health and Welfa...
Health insurance covers 70.3% of medical bills
The national health insurance spent up to 64 percent of medical fee last year, up 1.8 percentage points from 2009, according to the National Health Insurance Corp.
The coverage for pharmacy and clinic surged to 70....
Um became chairman of Boksan Pharma Group
Incumbent vice president Um Tae-eung was named chairman of Boksan Pharma Group Thursday.
Um and president Sung Moon-kyung will head Boksan.
“I’ll make effort to make Bosan one of the most energetic companies wit...
Government probes illegal rebate activities over pharmacies and wholesalers
The goverment has embarked on looking into widespread kickbacks between pharmaceutical firms, and hospitals and pharmacies.
The Ministry of Health and Welfare said Tuesday it will join hands with the Korea Food and...
Pharmaceutical firms to face probe over rebates
As the government’s joint investigation team has launched an intensive investigation into widespread kickbacks at pharmacies and wholesalers, there are growing concerns in the industry that the government could scruti...
Proper healthcare coverage for diabetes planned
The government will provide a proper level of healthcare coverage for diabetic patients to reduce medical spending, the Health Insurance Review and Assessment Service said recently.
As part of the nation’s proper m...
Noh Yong-kap named co-president of Hanmi Pharma
Hanmi Pharmaceutical tapped Noh Yong-kap to become its co-president.
Noh, 53, incumbent president of Hanmi Medicare, joined Hanmi in 2005 as a marketing expert.
Noh will be in charge of sales and market division...
KPMA offers relief aid to Japanese quake victims
The Korea Pharmaceutical Manufacturers Association, Korea’s business lobby group, entrusted 246 million won to the Korea Broadcasting System to help relief efforts in the neighboring country.
“As Japan is now under...
19 CEOs at pharmaceutical firms come from pharmacy college
A total of 19 presidents at 78 pharmaceutical firms listed in the Korea Exchange have a bachelor’s diploma at pharmacy college, according to Yakup Shinmoon,
The average age at the current CEO position was in the rang...
Rush to buy iodide pills unnecessary, experts say
The Korea Medical Association released a second statement Tuesday that “the level of radiation nationwide is not enough to harm human health, and foods that contain iodine are also not recommended as their preventive ...
