All Type of News
Alliance with GSK positive for Dong-A Pharm
The strategic alliance between Dong-A Pharm and GlaxoSmithKline (GSK) is expected to help the leading Korean firm boost its pharmaceutical business in the long run, analysts say.
GSK says it will invest about 130 b...
NHIC chief advocates "biosimilar forerunner
National Health Insurance Corporation President Chung Hyung-keun said it will back the development of biosimilar products.
“We will continue to stand behind Korean drug makers to help them advance research and the...
Pharmaceutical group agrees to two-way sanctions
The Korean Pharmaceutical Association (KPA) has unveiled is support for a revised law that punishes doctors and pharmacists for shady deals with drug makers.
In a personal interview with a local newspaper, KPA chai...
Health ministry to exclude differential charge system at night-time treatment
From this July, the differential charge system at night-time treatment will be scrapped, given the financial burden of the National Health Insurance, the Ministry of Health, Welfare and Family Affairs said on May 7.
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Sung Sang-chul elected as KHA head
Sung Sang-chul has been elected as president o the Korea Hospital Association.
Sung, incumbent director of Seoul National University Hospital, beat contenders, including Kang Bo-young of Andong Hospital Director, i...
Doctors challenges new drug pricing reform
The Korean Medical Association has called for the government to increase doctor’s treatment fee to a realistic level, while stamping out the drug rebate offered to pharmacies in a form of “back margin.”
The KMA sai...
Daewoong seeks overseas expansion
Daewoong Pharm is boosting its overseas expansion drive, with the aim of becoming a leading CT contrast media manufacturer in Asia.
The company, which already established subsidiaries in the U.S., has received an ...
Local drugmakers urged to focus on new drug R&D projects
Domestic drug makers should focus on research and development of new drugs to survive in an anti-rebate environment, said C-TRI chairman Kim Wan-joo said.
He said they should pursue the knowledge-intensive industry...
NHIC signs MOU with SNU for mutual cooperation
The National Health Insurance Corporation (NHIC) signed a memorandum of understanding (MOU) with Pharmacy School of Seoul National University for drug related projects, its official said on May 4.
NHIC President Ch...
Korean red ginseng effective for hyperlipemia
Korean red finseng is found to contain active ingredients that could improve hyperlipemia by lowering triglyceride level, according to a Korean scientist.
Dr. Kwak Li-sung of the Korean Ginseng Corporation, based ...