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S. Korea to Halt Benefits to Novartis Drugs over Illegal Rebates

S. Korea to Halt Benefits to Novartis Drugs over Illegal Rebates

SEOUL, May 25 (Korea Bizwire) — South Korea’s health ministry said Wednesday it will suspend providing benefits for nine variations of two drug types manufactured by the local unit of Novartis after the Swiss pharmaceutical giant was found to have been engaged in illegal kickbacks. For six months starting in August, local customers will have [...]

Temporary Employees More Prone to Depression, Suicidal Impulses

Temporary Employees More Prone to Depression, Suicidal Impulses

SEOUL, May 23 (Korea Bizwire) – One out of 7 temporary workers have experienced depression, almost twice as high as those holding regular positions, a study showed Tuesday.  The prevalence for depression was 13.1 percent among irregular workers, whose job conditions are far less favorable than for permanent workers and have to constantly worry about [...]

South Korea Sees New Demand for Eco-Friendly Products Amid Growing Chemical Fears

South Korea Sees New Demand for Eco-Friendly Products Amid Growing Chemical Fears

SEOUL, May 19 (Korea Bizwire) – If there was one thing that South Koreans took away from the Oxy Reckitt Benckiser crisis, it was the devastating effects of chemical substances found in everyday products.  The scandal dates back a decade, when polyhexamethylene guanidine (PHMG), a substance that was used in commercial humidifier sterilizing agents, was discovered to [...]

Doctor and Patient Develop Rehab Bicycle for Sufferers of Cardiopulmonary Diseases

Doctor and Patient Develop Rehab Bicycle for Sufferers of Cardiopulmonary Diseases

SEOUL, May 19 (Korea Bizwire) – Severance Hospital cardiologist Kang Seok-min and one of his former heart failure patients, Kim Soo-kyung, have developed a “smart recumbent bicycle” for rehabilitating patients with cardiopulmonary complications.  Kang and Kim first came up with the idea two years ago. Kang provided his medical expertise while Kim, CEO of healthcare [...]

Taebaek Rapeseed Flower Festival Cancelled After GMO Flowers Found

Taebaek Rapeseed Flower Festival Cancelled After GMO Flowers Found

TAEBAEK, SOUTH KOREA, May 18 (Korea Bizwire) – An annual rapeseed flower festival in Taebaek has been cancelled amid fears over flower samples that tested positive for living modified organisms. Festival authorities announced yesterday the cancellation of this year’s local flower festival after discovering genetically modified flowers. Marking its sixth year, Taebaek’s rapeseed flower festival was [...]

Will Philip Morris’ New E-Cig Put a Damper on South Korea’s Anti-Smoking Efforts?

Will Philip Morris’ New E-Cig Put a Damper on South Korea’s Anti-Smoking Efforts?

SEOUL, May 18 (Korea Bizwire) – On Wednesday, Philip Morris announced that it would begin selling its new e-cigarette iQOS in June, which is allegedly relatively harmless compared to typical cigarettes because it “heats” the tobacco leaves inserted into the device instead of “burning” them.  The announcement immediately posed a new concern for South Korea’s [...]

Middle-Aged Group Says Parents’ Medical Bills Biggest Financial Burden

Middle-Aged Group Says Parents’ Medical Bills Biggest Financial Burden

SEOUL, May 18 (Korea Bizwire) – Middle-aged South Koreans who live with or support their parents financially feel the heaviest burden when bearing their medical bills, but some saw it as a duty that has to be fulfilled even if means getting loans or giving up on their own savings, a survey said Wednesday.  In [...]