All Type of News
Cash reward system will hurt pharmaceutical sector
Korea’s pharmaceutical sector could lose up to 1.4 trillion won due to the current drug pricing reform, which has provided cash rewards to doctors and pharmacists who refuse to take rebates and instead purchase medici...
Kim named KPIC head
Kim Myung-sub, chairman of Guju Pharmaceutical Co. and third-term lawmaker, has been named the new president of the Korea Pharmaceutical Industry Cooperative (KPIC), replacing Park Jae-Don who ends his six-year term l...
Invida joins hands with Roche Korea
Invida Group Pte Ltd, the leading specialty biopharmaceutical company focusing on the commercialization of healthcare products throughout Asia Pacific, Tuesday announced that it has entered into an agreement with Roch...
Korea Eundan talks vitamin quality
Korea Eundan (KE) is emphasizing quality as the crucial point of differentiation between the vitamin C it produced and cheaper material from China.
Now it is leveraging that position with an ingredient brand that s...
Will KFDA limit amount of acetaminophen to 325 mg per dosage unit for Ultracet ER tablets?
The Korea Food and Drug Administration (KFDA) has asked manufacturers to reformulate prescription drugs containing acetaminophen so that a single dosage unit containing a maximum of 325 mg acetaminophen. This includes...
Regional wholesalers seeking to lower card fee
There is a growing consensus in Pusan that wholesalers and pharmacies should join hands to reduce unreasonably high plastic card commission fee.
Wholesalers have complained that plastic card companies are charging ...
Cash dispenser to be available at pharmacy
A total of 20,000 pharmacies nationwide are expected to install cash dispenser (CD) as part of efforts to tackle the restricted access at nighttime and during holidays, according to the Korean Pharmaceutical Associati...
Tinnitus patients doubled in 7 years
The National Health Insurance Corporation (NHIC) said recently that the number of patients being treated for tinnitus (ringing in the ears) has almost doubled over the past seven years.
In 2009, 264,000 people had ...
KPA to increase number of nighttime pharmacies to 70
In efforts to meet the growing demand for easier access to OTC drugs, the Korean Pharmaceutical Association is operating 59 pharmacies nationwide at night-times and holidays.
However, critics say the number is a f...
KFDA to promote biosimilar industry
The Korea Food and Drug Administration has recently pledged to promote the biosimilar industry.
To this end, the drug agency will organize its task force team to provide proper consulting to local firms, with a pla...
