South Korea

South Korea is planning to introduce a positive list for the reimbursement of pharmaceuticals under the National Health Insurance (NHI) scheme. The Health Ministry is aiming to have... 2006-06-14

South Korea is planning a number of cost-cutting initiatives designed to reduce drug expenditure, according to local press reports. The greatest controversy is likely to be generated... 2006-06-07

UK-based drugmaker GlaxoSnithKline (GSK) has become the leading multinational drug firm in South Korea after recording strong growth in 2005, according to the country's Health Insurance... 2006-04-28

US drugmaker Pfizer has become the latest multinational drug firm to close a manufacturing plant South Korea after ceasing operations at its facility in Seoul. The factory produces... 2006-04-19

Scientists at the Korea Advanced Institute of Science and Technology have recently discovered a potential cure for Alzheimer's disease. Having conducted a genetic analysis of flies,... 2006-04-07

Strengths

South Korea’s attempts to develop its biotech industry have been damaged by the recent controversy surrounding renowned Professor Hwang Woo-suk, who specialised in stem cell research... 2006-01-24

The prescription drug market in South Korea is likely to grow by 16% in 2006, driven primarily by the country’s elderly population, claim market observers. Sales of prescription... 2006-01-05