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New drug-pricing reform takes place

The government says its plan to gradually lower drug prices has been implemented from this month. It draws people’s attention as Korea faces an urgent need to lower spending on drugs and curb the rising cost of hea...

Drug stores to be free from cash receipt

Pharmacies will not be obliged to issue cash receipt as they do not belong to the simple taxation business category, according to the Korean Pharmaceutical Association. According to the Ministry of Strategy and Fia...

Children increasingly face adult diseases

Children are increasingly becoming afflicted with diseases that were previously confined mostly to adults. This alarming observation is happening because of the western lifestyle of high sugar, low fat diet coupled wi...

Second wave of influenza A possible

With colder seasons nearing here, people’s fears are also growing about the possible second wave of an H1N1 outbreak. Korea's health authorities say they have confirmed 56,848 cases of Influenza A as of August 31, ...

Cash incentive plan to trigger fiercer competition among wholesalers

The new drug-pricing reform, which allows a financial cost of 1.5 percent between wholesalers and pharmacies, may encourage wholesalers to engage in underhand forms of competition involving illegal rebates in pharmacy...

Health insurance agency to ameliorate medical charge system

The National Health Insurance Corp. is moving to improve the nation’s treatment charge structure by establishing a standard model. So far, medical and pharmaceutical circles have complained about low treatment and ...

Formulation of oriental medicines to be available only by manufacturer in October

The government says the formulation of oriental medicines should be allowed to manufacturers from next month, as part of its efforts to ensure better quality of the drugs and establish their sound distribution order h...

Korea confirms 4 flu cases

Korea's health ministry on September 28 confirmed four cases of influenza A in Yeosoo, South Cholla Province, escalating concerns about the spread of the contagious disease. Four high-school students tested positiv...

Hyundai to release allergen screen topical gel

Hyundai Pharm said it has recently signed an exclusive license agreement with Nitto Pharmaceutical Industries, Ltd., to distribute NasalGuard, a topical gel used to prevent the inhalation of airborne allergens, in Kor...

Glaxo's Avandia to face possible ban from Korean market

The Korea Food and Drug Administration is not ban U.K.-based GlaxoSmithKline (GSK)’s blockbuster anti-diabetes pill “Avandia” but stringent restrictions will make it far harder for doctors to prescribe the safety-trou...

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