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Competition to get fiercer for Olmetec generic market
Korean companies are poised to step up their marketing in domestic Olmetec generics market, which is forecast to become more competitive than even early this year, according to industry source.
The Korea Food and D...
Pharmacy to benefit from card firms’ no-interest program
The Ministry of Health and Welfare said Thursday that pharmacies could settle their transaction amount by a three-month installment method with no interest.
The ministry’s response came when the Korean Pharmaceutic...
Children vitamins to be pulled from pharmacy
Concerns are growing over a daily multi-vitamin for children as a local media MBC TV aired that vitamin products here are ineffective and might be harmful for children’s health due to the fact that they contains an ar...
Merck Serono salespersons set to use iPad in sales field
Merck-Serono Korea, the affiliate of the global pharmaceutical and chemical behemoth here, says it has provided to its marketing and sales team the Apple iPad, a tablet computer optimized for Internet browsing, media ...
Rapid approval of generic drugs eyed
The Korea Food and Drug Administration recently unveiled its plan to provide better support for the domestic drug makers to develop generic product over new brands that are subject to re-examination.
The KFDA said ...
Probe on health insurance fraud to be strengthened
The National Health Insurance Corp. says it will introduce a new National Health Insurance Benefits Management System (NHI-BMS) sooner or later as part of its efforts to screen falsified reports of treatment costs to ...
Antiplatelet drug market to face big transition
The domestic antiplatelet drugs market will undergo a major transformation as AstraZenca is set to launch its new platelet aggregation inhibitor Brilinta (ticagrelor) in the latter half of this year.
So far, Sanofi...
Dongwha, Novartis Korea sign OTC deal
Dongwha Pharmaceutical and Novartis Korea recently established a strategic alliance to co-market the whole range of the latter’s over-the-counter (OTC) drugs in Korea.
These OTC medicines include Lamisil (terbinaf...
Number of pharmacies tops 20,883
The Korea Institute for Health and Social Affairs says Korea has a total of 20,883 pharmacies nationwide, with 33,221 pharmacists working for drugstores and hospitals as of June 30 last year.
According to the surve...
Health ministry’s plan to double medication fee at general hospitals sparks protest
The Ministry of Health and Welfare is considering increasing the medication fees that patients must pay at general hospitals, but the plan has provoked criticism from civic groups and patients who claim it will only i...
