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Korea spends less medical spending in OECD
Koreans were found to have spent less on medical services among advanced countries, but their health and life expectancy were on par with their counterparts.
The country's medical expenditure was equivalent to 6.5...
Glucose testing strips sold in pharmacy should be reimbursed, pharmacists say
For less financial burden of diabetic patients, the national health insurance should cover glucose testing strips sold at drug stores, the Korean Pharmaceutical Association said Thursday.
Under the revised health i...
Pharmaceutical business community joins campaign to support Japan
Korean pharmaceutical industry and related organization are offering a helping hand to Japan in the aftermath of the massive earthquake and tsunami.
The Korea Pharmaceutical Manufacturers Association is known to be...
Radiation unlikely to affect imported APIs through Japan
The news of radioactive-contaminated spinach and milk produced near the nuclear plants in Japan has further fanned fears of radiation-tainted foods among local consumers.
Considerable fear of radioactive contaminat...
Red ginseng is re-spotlighted
Influenced by radiation danger from Japan’s tsunami-smashed nuclear plant, more people are turning their attention to the efficacy of ginseng and red ginseng.
Red ginseng is known to boost immunity, combat diabetes...
Permission on stem cell cosmetic products
The government will permit the sale of cosmetic products with stem cells derived from human fat tissues under the revision of related regulations on cosmetic products, according to the Korea Food and Drug Administrati...
Green Cross gets AAALAC International
Green Gross Corp. says its animal care facility and test related programs in Ochang, North Chungcheng Province, has received AAALAC International certification. AAALAC stands for Association for Assessment and Accredi...
SK Chemicals breaks ground for new factory
SK Chemicals broke ground on Thursday for new solid-form production lines in Chungju, North Chungcheong Province, just next to its existing factory.
The company announced that it plans to channel 50 billion won in...
7 painkillers to be pulled from shelves
A total of seven painkillers containing isopropylantipyrine (IPA), including Dong-A’s Amcilong and Dongwha’s Spidon, will be removed from shelves, according to the Korea Food and Drug Administration.
The administra...
Health ministry to push cut in MRI fees
Hospitals are in a less cheerful mood as the Ministry of Health and Welfare wants them to cut as much as 33 percent off Magnetic Resonance Imaging (MRI), computed tomography (CT) and positron emission tomography (PET)...