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Export of cold medicine to be restricted
A Korean health watchdog plans to restrict export of cold medicine containing pseudoephedrine HCl as soon as possible, according to a source from the Korea Food and Drug Administration (KFDA).
Under the plan, Korea...
'Dumping' war may kill drug industry
A cash reward plan in the pharmaceutical market has produced negative side effects that require the attention of policymakers, including the possibility of predatory pricing, commonly referred to as “dumping.”
A m...
31% of Korean adults obese
One out of every three adults in Korea is considered overweight or obese and faces increased risk of health problems, according to the Ministry of Health and Welfare, quoting a report from the Statistics Korea.
The...
Roche supplies Tamiflu for 100,000 patients
Roche Korea is making all-out efforts to increase the supply of the antiviral drug Tamiflu to treat Influenza A after a recommendation from health authorities that the country will need more of its stock, a company sp...
Lawmaker pushing legislation on recognition of non-reimbursable treatment in hospital
A ruling lawmaker proposed a bill aimed at permitting hospitals charge patients for treatments that are not covered by medical insurance.
The bill, drafted by Chung Ha-kyhun, will provide doctors to provide the med...
Wholesalers to undergo transition
Influenced by the government’s policy to abandon “rebates” ― a kind of kickback given by drug companies to pharmacies, clinics and hospitals for buying their products, pharmaceutical wholesalers are moving to make dir...
Government to overhaul deficit-ridden health insurance system
The government plans to clarify the different functions of general hospitals and private clinics to prevent general hospitals from being crowded with patients with mild symptoms.
General hospitals will be instructe...
KFDA to strengthen on-spot inspection overseas
The Korea Food and Drug Administration will expand its on-spot inspection program overseas from next year to ensure the quality of imported pharmaceuticals.
In its briefing to President Lee Myung-bak on Wednesday, ...
New antismoking aid released
Zeros International Co. says it has launched Zeros Air, a smoking cessation aid that provide non-nicotine vaporized solution.
Approved by the Korea Food and Drug Administration, Zeros Air contains a natural essence...
Pharmacies, wholesalers face off over credit card
Controversy is escalating between wholesalers and pharmacists over the former's demand to use a specific credit card in undue drug payments.
When it was reported recently that wholesalers demands pharmacies to sett...