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Korean drugs are expensive

A survey of 26 major medicines showed that Korean drugs are expensive by global standards, according to a lawmaker. Citing data of the Health Insurance Review and Assessment Service, Rep. Sohn Sook-mi of the ruling...

Imported foreign drugs overpriced, lawmaker claim

A lawmaker has recently criticized the local drug distributors for overpricing the market prices of foreign drugs in the domestic market. Rep. Shin Sang-jin of the ruling Grand National Party called on the governme...

Daily dispensing charge rises 2.2% in 2011

The government has recently decided to increase the daily dispensing charge of drug stores to 3,890 won next year, from 3,810 won this year, according to the Korean Pharmaceutical Association. The revised dispensin...

1,500 wholesalers hold massive rally

A total of 1,500 pharmaceutical wholesalers staged a massive rally for the delay of the controversial unified distribution in front of the Ministry of Health and Welfare on October 19. Participants at the rally cal...

Medical and dispensing charge to raise average 2% in 2011

The National Health Insurance Corporation said on October 19 that it has come to an agreement with four medical and pharmaceutical organizations about next year’s medical and dispensing charge in the range of about 2-...

NHIC in AIDS price dispute

Last September, the National Health Insurance Corp. (NHIC) decided to raise the price of Prezistar tablets, an HIV drug designed for people who are resistant to other treatments, from 3,480 won to 4,890 won per pill. ...

Wholesalers to stage mass rally today

Wholesalers will launch a massive rally in front of the Ministry of Health and Welfare in Seoul today, calling for the government to defer the unified distribution system, according to the Korea Pharmaceutical Wholesa...

Urea foot cream - a cure for cracked feet

Dry, rough feet are a problem many people have. For most dryness, a simple solution like rubbing the feet with petroleum jelly is enough. But for some, such home remedies just can't do it. When the feet get so dry and...

60% of clinics prescribe digestives in common cold

61.2 percent of clinics have prescribed digestives to their patients for common conditions such as cold, coughs and sore throats, according to a lawmaker who cited data from the Health Insurance Review Assessment and ...

Wholesalers call for delay of unified drug distribution system

Local pharmaceutical wholesalers are going up in arms against the proposed lifting of controversial unified drug distribution system at the end of this year. Citing nationalist sentiments, they have established an ...

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