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Consumer welfare matters rather than pharmacists’ benefit
Over the counter drugs, such as digestive pills that don't need a doctor's prescription, could be sold at supermarkets in the near future, said Strategy and Finance Minister Yoon Jeung-hyun.
In a press interview, t...
Pharmacists should consider consumers’ emotion
Currently, pharmacists have exclusive rights to sell OTC drugs including mild pain killers, cough drops and digestion pills, but it is time for them to consider people’s welfare and convenience, according to the Minis...
Pharmaceutical firms focus on development of generics for treatment of diabetes
With many global makers’ blockbuster products coming off patent, the race for the generic drug market is set to be in full force in the years to come.
The combination drug recently at the center of attention is bes...
Digital Ocean to buy wooridul Pharma
Digital Ocean said it has agreed to buy Wooridul Pharmceutical at 18 billion won in a deal, heralding the return of Kang Moon-seok, incumbent president of Digital Ocean and ex-vice chairman of Dong-A Pharmaceutical.
...
Pharmaceutical firms to face probe over rebates
The government is expected to scrutinize the country’s pharmaceutical companies in relation to undue business practice involving doctors and hospitals.
It draws attention to whether the ongoing joint investigation ...
Free medical service plan ignites debate
So far, the Democratic Party (DP) has pushed for a series of welfare programs, such as controversial free lunches for all elementary and secondary school students and a free medical service.
Recently, the oppositio...
KFDA website to provide clinical information on approved medicines
The Korea Food and Drug Administration will disclose publicly the results of clinical studies on its website.
Publicly available internet-based information of approved medicines includes screening results of safety...
Experts warn extension of due payment period at pharmacy
Rumors have spread that some pharmacists requested pharmaceutical wholesalers to delay their due payment to compensate less pharmacy margins.
However, experts claimed that if wholesalers accept it, pharmaceutical f...
Green Cross, MacroGenics initiates Phase I study of MGAH22
Green Cross said Friday that the company and US-based MacroGenics have jointly conducted a multinational Phase I clinical trial of MGAH22, an Fc-optimized monoclonal antibody developed by MacroGenics which has been sh...
Medical professors support sales of OTC drugs at convenient stores
It would be far more convenient, if such non-prescription or over-the-counter (OTC) drugs are available at convenience stores that are open around the clock, according to professors at medical college.
In a recent ...
