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Illegal rebate activities in wholesaling industry to be specified

The scope of a financial expense to be allowed between wholesalers and pharmacies will be determined in the final review of the National Reform Committee to be held on November 18. Accordingly, pharmaceutical whole...

Antibiotics and colds

The Korea Food and Drug Administration said in a recently published leaflet that adults believe if they are sick enough to see a doctor for a cold, they should get antibiotic treatment. The leaflet also said these ...

Number of ADHD patients more than doubled

The number of recorded patients suffering from ADHD (attention deficit hyperactivity disorder) exceeded 640,000 as of the end of 2009. The National Health Insurance Corporation (NHIC) said that the number of ADHD p...

Yuyu seeking to boost sales of Umckamin syrup

Yuyu Pharm said on November 13 it has held a marketing campaign to boost the sales of Umckamin syrup (Pelargonium sidoides extract) and nasal wash Physiomer. Developed by Schwabe Co. in Germany, Umckamin syrup is e...

Can Korea’s biosimilar project stay afloat?

Influenced by US midterm elections results 2010 that the Republicans registered thumping victories in congressional elections and they have intensified their opposition to President Barack Obama’s healthcare reform of...

DUR of OTC products ruled out

The government said it will not introduce the Drug Utilization Review (DUR) system for over-the-counter (OTC) medicines from this December. The Ministry of Health & Welfare confirmed on November 10 that the full-fl...

2011 NMC budget raises debate

The budget of the National Medical Center (NMC) for next year should be modified due to decreasing trend of patients in the third quarter of this year, according to a lawmaker. The Ministry Health and Welfare propo...

Dispensing fee related ads baffle pharmacist

Pharmacists are disturbing at the recent advertisement of a doctor organization that the government should curtail the higher drug prices and pharmacist’s dispensing fee to ensure better financial stability of the nat...

Green Cross to work with PBS Biotech on biodrug development project

Green Cross Corporation said on November 10 that it has signed with a memorandum of understanding with the U.S. based PBS Biotech to work together in the development of promising biopharmaceutical medicines, using the...

KFDA to lift restriction of joint bioequivalence testing

From November next year, drug makers will be able to make joint (commissioned) bioequivalence testing without any restriction, according to the Korea Food and Drug Administration. “We decided to follow the suggesti...

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