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Concerns grow on drug pricing reform
For insurance covered medicines, the government is reportedly to conduct cost-effectiveness analysis on conventional medicines that belong to 46 therapeutic categories in a bid to set a standard price based on the res...
Merck’s Januvia sales top 18.8 billion won in first half
The US based Merck’s Januvia has gained its momentum as its sales of its flagship model posted 18.8 billion won, up a whopping 189.2 percent from the same period of last year.
Januvia, a pill that was approved by ...
KMPA president prioritizes effective communication with government
New president of the Korea Pharmaceutical Manufacturers Association said on July 19 that the association should, among other things, step up efforts to correctly inform the government about the Korean pharmaceutical i...
KPMA to hire new vice chairman
The local pharmaceutical industry is paying attention to Korea Pharmaceutical Manufacturers Association’s board of directors who have resumed efforts to find a new vice chairman of the group.
KPMA President Rhu Duk...
132 veterinarians caught procuring illicit animal narcotics
The Korea Food and Drug Administration has recently announced it discovered 132 animal hospitals that violated animal narcotics-related regulation as a result of its inspection of agencies handling narcotics.
The d...
Ongoing safety review of sibutramine, marketed as Reductil, to make public within this week
The Korea Food and Drug Administration has reviewed additional data that indicate an increased risk of heart attack and stroke in patients with a history of cardiovascular disease using sibutramine, marketed as the we...
Illegal rebate practices are still rampant
It has long been a tough challenge for health authorities to break corrupt ties between drug makers, doctors and pharmacists.
There are still many medical professionals who do not feel compunction about taking reb...
DUR program to be extended nationwide in December
Beginning December, Drug Utilization Review (DUR) program will be implemented in 17 cities and provinces across the nation as part of efforts to promote patient safety by an increased review and awareness of outpatien...
Government to make public new anti-rebate guidelines shortly
The Health Ministry plans to announce its detailed guidelines defining the terms and range of rebate activities in the medical sector, such as payment based financial costs and sponsorship for a seminar, possibly with...
New product licenses total 1,574 in first halfLicenses for new products in the first half of this year totaled 1,574 items, according to a report released by the Korea Food and Drug Administration (KFDA).
By type of dru...
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