All Type of News
New fines imposition system to take effect next month
New fines imposition system is to be implemented from next month, according to the Korea Food and Drug Administration says it will
Under the new regulation, drug manufacturers will face more frequent business suspen...
Wholesalers calls for ex post facto management
The government will have to step up its ex post factor management following the crackdown of illegal rebate or kickbacks in pharmacies, the Korea Pharmaceutical Wholesaler Association.
The Ministry of Health and We...
Kukje veers into health food market
Kukje Pharmaceutical Co. is set to enter the domestic health food market to create new income sources.
To this end, the company signed an agreement with Canada based Natural Factors Nutritional Products Ltd. to dis...
Almetec to be exposed to fiercer competition
Daiichi-Sankyo’s Almetec (olmesartan medoxomi), a selective AT1 subtype angiotensin II receptor antagonist, will not be stable in 2014, as a growing number of Korean pharmaceutical companies are poised to enter a 90 b...
Small- and medium-sized pharmaceutical companies in survival crisis
For decades, the Korea Pharmaceutical Industry Cooperative (KPIC) was a solid advocate of the country’s small- and medium sized pharmaceutical firms.
While it is trying to raise its voice to make its public sentime...
Boryung eying sales of 100 billion won with new antihypertensive agent
Boryung Pharmaceutical Co., one of Korea's largest pharmaceutical companies, says it will launch its homegrown antihypertensive drug, Fimasartan, in March as its health insurance price is expected to be settled sooner...
Government seeking to secure essential drugs
A list of essential drugs, such as dextrose injections, amino acid infusions, rare drugs and morphine HCl, will not be subject to the current cash reward program, as part of its efforts to ensure a smooth supply, the ...
Government to set up social committee
The government plans to launch a committee to reform the current health insurance system, according to the National Health Insurance Corporation.
The idea of setting up the committee to discuss the reduction of rai...
Minister opposes sale of OTC drugs at convenience stores
The government said Monday at it will not allow supermarkets to sell over-the-counter drugs. Instead it is considering permitting anti-fire or police stations to sell OTC at nighttime to better protect public health, ...
Parliamentary session to be held on March 3
As the ruling and opposition parties has recently agreed to put the National Assembly on a normal track after two months of paralysis, all attentions have been paid on March 3 parliamentary session.
The Health and ...
