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Debate ignites over rising medical costs at big hospitals

The Health Insurance Review and Assessment Service said Tuesday that medical costs reimbursed by general hospitals accounted for 21.8 percent of the nation’s total public expenditure last year, up two percent percenta...

HIRA to open new portal system for insurance reimbursement claims

Starting from July this year, all medical institutions will be able to utilize the new electronic method to claim their medical service charges instead of the current EDI system. The Health Insurance Review and Ass...

Reliable CROs are vital to Korean drugmakers

Local pharmaceutical companies are expanding their businesses abroad to enlarge and diversify their customer base while creating opportunities to improve their products through cooperation with foreign firms. "Loca...

Explosion at quake-hit Japan nuke plant sparks shortage of iodine-containing drugs

A Japanese nuclear power plant was hit by an explosion Saturday, raising fears of a radioactive meltdown and as a result, fears over radiation sickness are becoming an increasing boon here for companies making iodine-...

Medical costs to rise at general hospitals

The medical costs of 44 large hospitals covered by the nation’s obligatory health insurance scheme last year were 6.2 trillion won, which accounted for 21.8 percent of the total health insurance, according to the Heal...

Green Cross to conduct clinical trial of anti-anemic agent

Green Cross Corporation said Tuesday it will carry out Phase 1 trial for GC1113, a generic version of Amgen’s Epogen. Co-developed by Genexine, GC1113 is a recombinant fusion protein comprising a human erythropoiet...

Elderly patients with depression rose 1.7-fold in 5 years

The number of elderly people aged over 65 years who see a psychiatrist for depression increased by over 1.7-fold in 2009 from 2004. The rise is largely attributable to changing attitudes toward depression with many re...

A good news for Propecia users

Propecia (finasteride) is very effective in stopping baldness in men and is unlinked to male sexual dysfunction, a local clinical study showed. The clinical trial of 24 men with baldness showed that 22 showed no se...

Government urged to increase wholesaler margin

So far, domestic wholesalers have seen their margins falling as multinational drug manufactures and Zuellig Pharma Korea have acknowledged wholesaler margin at 5 to 6.5 percent at most, which has affected their bottom...

No casualties reported in Japanese pharmaceutical firms

The earthquake and tsunami that hit Japan, Friday, caused no casualties in Japanese pharmaceutical companies. The majority of Japanese drugmakers here, including Daiichi-Kirin, Otsuka Korea and Astellas Korea, said...

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