South Korea

CJ Corp is one of South Korea's conglomerates - or Chaebol - with operations in diverse fields such as food, entertainment, logistics and pharmaceuticals. The firm wants to become... 2007-03-07

Thousands of doctors in South Korea have protested over plans by the government to dilute the sanctity of their role as diagnosticians and prescribers. The state wants to reduce healthcare... 2007-02-07

In 2000, the South Korean government implemented a major reform when it transformed the 450 individual health insurance organisations into a single public body, the National Health... 2006-11-28

South Korean drugmaker Bukwang Pharmaceutical has received the green light from the Korean Food & Drug Administration (KFDA) for its new Hepatitis B treatment, Levovir. The drug... 2006-11-14

Throughout most of the developed world, governments play an important guardian role when it comes to the pharmaceutical industry in terms of restricting prices and prohibiting direct-to-consumer... 2006-11-01

Leading South Korean pharmaceuticals manufacturer Dong-A is to target the Middle Eastern market with its flagship erectile dysfunction (ED) product Zydena (udenafil). The firm is... 2006-10-26

US drug giant Pfizer is reported to be looking for a number of small to medium sized acquisition targets in South Korea, which will act as R&D partners. South Korea is an attractive... 2006-09-12

South Korea has the lowest healthcare expenditure out of all Organisation for Economic Co-operation and Development (OECD) members. The country spent just 5.6% of its GDP on health... 2006-08-16

South Korea's government has announced that the reimbursement price for brand name drugs will be immediately reduced by 20% upon patent expiry. The news comes after calls for greater... 2006-08-11

Local press reports claim that talks between the US and South Korea concerning a potential Free Trade Agreement are beginning to stall with pharmaceutical industry identified as one... 2006-06-23