All Type of News
Health insurance premium to rise 6%
The national health insurance premium will go up by 5.9 percent from next year, the Ministry of Health and Welfare announced on November 22.
A ministry spokesperson said the hike was inevitable because medical fee...
Hanmi President to step down
Lim Sun-min, President of Hanmi Pharmaceutical, offered to resign over poor sales this year, said a company official.
Lim expressed his resignation to all executives in a meeting on November 15.
Hanmi has yet to...
Daewoong to announce positive results for DWP05195, chronic intractable painkiller
Daewoong Pharmaceutical says it has completed Phase 1 local clinical study of DWP05195, neuropathic painkiller, in 120 healthy volunteers with neuropathy.
"We are extremely pleased with the results of this 120 heal...
National Health Insurance pays 85.7 billion won last year
Last year, the National Health Insurance Corporation (NHIC) spent 85.7 billion won treating the chronic obstructive pulmonary disease (COPD), a 86.7 percent rise from 46.7 billion won in 2003.
235,000 people had th...
Pharmaceutical industry sees transition
The Korean pharmaceutical industry is undergoing a major change as tightening regulations and uphill competition threatens to reshuffle the leader board of drug manufacturers.
Dong-A Pharml kept its number 1 rankin...
KPMA lukewarm over two-way sanctions
Starting on Nov. 28, the government will step up its fight against chronic illegal rebate practices whereby doctors and pharmacists receive money from drug makers in return for prescribing or recommending their produc...
KFDA under fire for operational errors in website
The Korea Food and Drug Administration is drawing fire for a series of malfunctioning glitches in its website.
One of the reported weaknesses in KFDA website program (easydrug) involved deletion of drug-related fil...
DUR system to cover non-reimbursable medicines
The Health Insurance Review and Assessment Service (HIRAS) says that from December, the current Drug Utilization Review (DUR) will be applicable to medicines which have not been covered by the national health insuranc...
Ilyang develops new influenza antiviral drug
Ilyang Pharm said it has filed a patent application for new antiviral agent, which could be used to both prevent and reduce the duration of fever and other symptoms associated with the influenza.
The mechanism of t...
60% of Koreans feels inconvenient in drug dispensing at pharmacy
About 60% of Koreans hold negative views on drug dispensing at pharmacy, a survey showed on November 18.
About 42 percent said drugs should be dispensed at hospitals, while 41 percent supported the drug dispensing ...
