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Cigarette Price Hike Shows Intended Effect on Low Income Earners, Youths: Study

Cigarette Price Hike Shows Intended Effect on Low Income Earners, Youths: Study

SEOUL, Nov. 7 (Korea Bizwire) — The cigarette price hike in 2015 has been effective in discouraging smoking in low income earners and youths, but not for people with high earnings, a survey said Tuesday. A public health and nutrition study by the Ministry of Health and Welfare said the smoking rate among the low-income [...]

Breastfeeding for Two Months Post-Childbirth Lowers SIDS Risk by 50 Percent

Breastfeeding for Two Months Post-Childbirth Lowers SIDS Risk by 50 Percent

SEOUL, Nov. 3 (Korea Bizwire) – Breastfeeding for just two months lowers the risk of Sudden Infant Death Syndrome (SIDS) by half, a conclusion derived from an analysis of previously published research by a team at the University of Virginia. In total, eight studies with samples of 2,259 infant victims of SIDS and 6,894 healthy babies [...]

‘Health Rewards’ Insurance to be Introduced Later This Year

‘Health Rewards’ Insurance to be Introduced Later This Year

SEOUL, Nov. 2 (Korea Bizwire) – Insurance plans that give incentives to clients when they improve their health by walking or getting medical checkups are set to be introduced in South Korea as soon as later this year. According to the Financial Services Commission and the Financial Supervisory Service on Wednesday, guidelines have been established [...]

Medytox Files Lawsuit Against Daewoong Pharmaceuticals Over Botox Substance

Medytox Files Lawsuit Against Daewoong Pharmaceuticals Over Botox Substance

SEOUL, Oct. 31 (Korea Bizwire) – South Korean pharmaceutical firms Medytox and Daewoong Pharmaceuticals are heading to court to settle a dispute surrounding the use of botulinum toxin, a highly poisonous substance used to make Botox, with the South Korean media branding the legal battle as the ‘Botox War’. According to Medytox on Monday, the pharmaceutical [...]

8 in 10 South Koreans Have Negative Feelings Towards Medical Care for Life Extension

8 in 10 South Koreans Have Negative Feelings Towards Medical Care for Life Extension

SEOUL, Oct. 30 (Korea Bizwire) – A new survey has found that 8 in 10 South Korean patients hold negative views towards relying on medical care for the purpose of life extension, including chemotherapy, kidney dialysis, and the use of a respirator, as the government moves to introduce a so-called ‘well-dying’ hospice law. The survey, which [...]

Samsung’s Sales of Biosimilars Hits US$257 mln in Europe Through Q3

Samsung’s Sales of Biosimilars Hits US$257 mln in Europe Through Q3

SEOUL, Oct. 25 (Korea Bizwire) — South Korean pharmaceutical firm Samsung Bioepis Co. saw its sales of biosimilar products released in Europe hit US$257 million through the third quarter of this year, data showed Wednesday. Samsung Bioepis said the sales of Benepali released in Europe came to $253 million over the January-September period, compared with [...]

Incheon Airport Draws Fire for Plastic Surgery Clinic in New Terminal

Incheon Airport Draws Fire for Plastic Surgery Clinic in New Terminal

SEOUL, Oct. 24 (Korea Bizwire) — Incheon International Airport, west of Seoul, is taking flak from local medical bodies for its plan to establish a cosmetic and plastic surgery clinic at the transfer desk of its second passenger terminal to be opened in next January, a lawmaker said Tuesday. Rep. Kang Hoon-sik of the ruling [...]

Ministry of Health Moves to Allow Death with Dignity

Ministry of Health Moves to Allow Death with Dignity

SEOUL, Oct. 23 (Korea Bizwire) – The Ministry of Health and Welfare has announced it is temporarily allowing deathbed patients to choose whether to continue medical care for life prolongation or not this year, in preparation for the new so-called ‘well-dying’ hospice law entering effect next year. The decision by the health ministry means that from [...]

S. Korea to Expand Investment in Personalized Medicine Development

S. Korea to Expand Investment in Personalized Medicine Development

SEOUL, Oct. 23 (Korea Bizwire) — South Korea will expand investment in the development of personalized medicine using big data to help foster startup companies in the biotechnology industry, the commerce ministry said Monday. Personalized medicine offers particular treatment to individuals, which requires the establishment of a national database on genetics and other health-related information. [...]