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Relocation of pharmaceutical firms hits snag
The government has a plan establish medi-clusters in Ohsung, North Chungchong Province, to link medical treatments at hospitals with research and development of medicines and other pharmaceutical products, but a major...
Health insurance deficit to surge
The National Health Insurance Corp. says that last year the insurance fund was 1.2 trillion won in the red to cover the soaring medical expenditures of its subscribers and their family member. The foundation still has...
Korea urged to supply Tamiflu stockpile
The government should hurry to supply the country’s current stockpile of the antiviral drug “Tamiflu” to pharmacies as hoarding and illegal distribution of Tamiflu are expected, especially because of a shortage of one...
Government seeking to ensure better stability of health insurance fund
This year’s health insurance policy will focus on propping up the financial health of national insurance through introduction of a ceiling on how much money can be paid to insurance subscribers and discourage patients...
Year-end price cut headache for pharmaceutical wholesalers
Many wholesalers agree that the government should shorten the announcement period of medicines to be reduced from January 1, next year.
On December 31 every year, wholesalers have found it quite difficult to deal w...
Cancer survival rate reaches 60%
Six out 10 cancer patients completely recover from the disease, and the number of people who have survived after having cancer stands at 700,000, according to a report.
The five-year cancer survival rate reached 59...
Support plan for night-time pharmacy trigger debate
The Korean Pharmaceutical Association is planning to expand the night-time pharmacies by subsidizing them, but many pharmacies are dubious about the operation of the KPA’s special membership fee amounting to 30,000 wo...
Some of Alesse birth pills to be withdrawn
Wyeth Korea said it has decided to withdraw some of Alesse birth pills (batch No.: E12722, shelf life: May 14, 2011) voluntarily from the market as an insert paper was not contained in the product.
The withdrawal c...
Handok Pharma receives Frost & Sullivan awards
Handok Pharmaceutical Co. says it has been named the 2010 Asia Pacific Frost & Sullivan Diabetes Therapeutics Company of the Year Award by the consulting firm Frost & Sullivan in recognition of its strategic initiativ...
Antihpertensive sales top 1.2 trillion won
The accumulated sales of antihypertensive drugs topped 1.17 trillion won as of November 30, according to Ubist Data.
The soaring sales figures may be attributable to the population’s rapid aging and the growing dem...
