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Government supports drug development
The government plans to double its spending on the development of new drugs, as part of measures to find new substances, the building blocks of brand-new medicines.
Along with the Ministry of Education, Science and...
Consumer complaints over medical mishap soar 41% in 12 years
Complaints filed to Korea Consumer Agency soared to 761 cases last year, up 41 percent from 450 cases in 2000 as consumers sustained medical accidents.
According to the agency, the number of petitions, including co...
Dispute over warehouse getting heated
Small- and medium-sized pharmaceutical wholesalers are opposing a bill that requires wholesalers to expand their warehouse area to 80 pyung (1 pyung equals to 3.3 square meters).
The National Assembly recently pass...
Prescription drug market share of leading domestic drug makers by 1.5% in February
The combined market share of Korea’s 10 leading drug manufacturers in prescription drugs market dropped to 1.5 percentage points in February, compared with the same month from the previous year, according to data rele...
Multinational companies want rewards for clinical trials in Korea
As Korea is rapidly emerging as a global hub of clinical trials for multinational pharmaceutical companies thanks to its excellent infrastructure for clinical research, the Korean Research based Pharmaceutical Industr...
Dong-A sales to achieve 216.4 billion won in first quarter
Dong-A Pharmaceutical’s first quarter sales will increase by 7.7 percent this year, while its operating profits for the period will also increase by 7.7 percent compared to the same period last year, according to Kim ...
Alliance with AstraZeneca Korea positive for Green Cross
Green Cross Corp. said Friday it has signed an agreement with AstraZeneca Korea to co-market Atacand (candesartan cilexetil), angiotensin II receptor antagonist used mainly for the treatment of hypertension.
Analys...
Medical bills for tuberculosis patients will go down
The medical costs that individuals will have to shoulder for treatment of tuberculosis will go down thanks to the government’s plan to combat the disease, the Ministry for Health, Welfare and Family Affairs said recen...
Drug fee to rise at general hospital
Medication fee to be prescribed by general hospitals will surge by 20 percent from their current level as part of a government move to discourage patients with relatively minor illnesses from frequently visiting big m...
More patients with minor disease likely to visit clinics
The Health Ministry held a policy reform meeting with the Health Insurance Policy Deliberation Committee on Thursday and reached an agreement on this new measure in an attempt to help revitalize smaller medical clinic...
