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Dual-purpose drugs perk up sales
Various combination therapies made up 13.6 percent of the domestic drug market in 2009, representing the fastest-growing segment of that market, according to Ubist data.
Daewoong’s Olmetec Plus tablets topped 46.7 ...
FTC to look into drugmakers
Korea’s antitrust regulator has embarked on looking into the intellectual property rights of the pharmaceutical industry following its longstanding investigation into the drug makers’ undue business practices such as ...
Dumping war looming in pharmaceutical and wholesaling industries
Recent unfair biddings in hospitals has produced negative side effects that require the attention of drugmakers and wholesalers, including the possibility of predatory pricing, commonly referred to as “dumping.”
Ma...
Consensus on health insurance needed
We, Koreans, should take on an adequate level of the premium burden to expand insurance coverage as 6he economy has become competitive and the national income has increased, a local lawmaker said.
In the regular He...
Committee for Korean hospitals overseas to be set up
Large hospitals are seeking to make inroads into foreign markets to find new sources of income, through opening branches in the Middle East and Southeast Asia.
To facilitate such endeavors, the Korea Global Healthc...
OTC drugmakers eye price hike
Some pharmaceutical firms are soon considering a price hike of their products in order to make up for their margins lost by sluggish sales, industry sources said.
Handok Pharm said it plans to hike the price of Fe...
Government seeking to strengthen competitiveness of local service industry
The Ministry of Strategy and Finance and the Korea Development Institute (KDI) is preparing a plan to develop the medical services industry, and a public hearing will be held at the Seoul Regional Public Procurement S...
Product patent potential tool in Japanese drug market
Korean drugmakers need to develop a variety of product patents to successfully penetrate into the Japanese pharmaceutical market, said a local examiner at the Korea Intellectual Property Office.
KIPO is one of the ...
Government urged to lower spending on drugs
Korea faces an urgent need to lower spending on drugs and curb the rising cost of health care, according to a civic group.
In her contributions to a website forum, the Korea Pharmacists for Democratic Society Chair...
Pharmacists makes all-out to reduce unused drugs
Recently, pharmacists have also found it increasingly difficult to deal with unused medicine stocks.
The local chapters for the Korean Pharmaceutical Association in Kyunggi Province and North Kyungsang Province ha...
