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Park Myung-hee to run in April 29 by-election

Park Myung-hee (Photo), incumbent vice chairman of the Korea Pharmaceutical Association, registered her with the National Election Committee as one of preliminary candidates for the ruling Grand National Party, look s...

Civic groups call for deregulation over OTC drugs

50 civic groups are renewing calls for the revision of the Korean Pharmaceutical Affairs Law to allow convenient stores to sell over-the-counter drugs, such as household medicines, without restriction. In an statem...

High-dose Sevikar released

Daiichi Sankyo Korea said Monday it has released a variety of strengths for oral hypertensive Sevikar, which combines two antihypertensive agents in a film-coated tablet. It contains amlodipine, a calcium channel bl...

Green Cross, aRigen under joint research to combat superbacteria

Green Cross Corp. said Friday that it has signed an exclusive license with aRigen Pharmaceuticals in Japan to develop and commercialize WAP-8294A2 (Lotilibcin), a first-line anti-MRSA (methicillin-resistant Staphyloco...

Korean firms urged to seek overseas expansion

Domestic drugmakers will ramp up their overseas expansion drive as tightening regulations and cut-to-throat competition make the future growth of the local pharmaceutical industry unpredictable, experts sad. The co...

New incentive system for medical institutions should be overhauled

The pharmaceutical industry in large is skeptical of the new system aiming to punish both the briber and recipient and reimburse buyers 70 percent of the price differential when they buy prices below the government-fi...

Pharmacists hold resolution meeting opposing OTC sale in supermarkets

The Korean Pharmaceutical Association (KPA), a lobby group for pharmacists, said Sunday it will not allow a single pill to be sold outside of pharmacies, claiming consumers can misuse or abuse the drugs if they’re so ...

Civic group to file petition over OTC sales in supermarkets

About 50 civic groups including Health and Welfare Assembly (HWA) are joining hands to press ahead with a campaign for the sale of over-the-counter drugs at convenient stores. These groups will file a petition to t...

Cancer treatment fee showed 3.6-fold increase in six years

The national health insurance covered 2.9 trillion won for the treatment of 621,402 cancer patients, showing a 3.6-fold increase compared with 809.6 billion won in 2003. The National Health Insurance Corp. said the...

Korea’s leading drug manufacturers feel pinch in prescription drug sales

Last year, the leading domestic drug makers were significantly affected by the government’s policy to abandon rebate, defined by a kind of kickback given by drug companies to pharmacies, clinics and hospital for buyin...

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