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Archive by category Health & Wellness

Health Ministry Launches 2nd Phase of “Pharma Fund”

Health Ministry Launches 2nd Phase of “Pharma Fund”

SEOUL, Feb. 3 (Korea Bizwire) – To help Korean pharmaceutical companies advance globally, and strengthen their competitiveness, the Ministry of Health and Welfare officially announced on February 2 the start of the second phase of the Global Pharmaceutical Industry Development Fund worth 135 billion won (US$123 million). The first such fund was launched in 2013 [...]

Tobacco Sales Recovering Slowly after Price Hike

Tobacco Sales Recovering Slowly after Price Hike

SEOUL, Feb. 2 (Korea Bizwire) – After plummeting tobacco sales in Korea following the price hike on New Year’s Day, demand for cigarettes is slowly but steadily recovering. After one month,  stiff resistance from smokers has abated, and some have already given up their no-smoking resolutions. According to E-Mart’s analysis of its tobacco sales during [...]

Foreign Cigarettes Outsell Korean Brands for the First Time in 29 years

Foreign Cigarettes Outsell Korean Brands for the First Time in 29 years

SEOUL, Feb. 1 (Korea Bizwire) – Foreign cigarettes outsold South Korean brands for the first time in 29 years last month, as a spike in prices affected local market demands, data showed Sunday. Market data collected from the country’s two main convenience store chains for January showed foreign cigarettes, which did better at lowering prices [...]

Samsung’s Stroke Warning Cap Moving towards Commercialization

Samsung’s Stroke Warning Cap Moving towards Commercialization

SEOUL, Jan. 26 (Korea Bizwire) — A stroke warning cap, which was one of the C-Lab projects selected by Samsung Electronics at the beginning of last year, is moving closer to commercialization. The C-Lab is a system that supports the commercialization of new products by adopting ideas proposed by members of management and staff. According [...]

Medical Tourists from Middle East Spend Big in S. Korea

SEOUL, Jan. 21 (Korea Bizwire) – Visitors from the Middle East spent the largest amount of money on medical treatment per person in South Korea last year, with those from the United Arab Emirates (UAE) topping the list, the state-run Korea Tourism Organization (KTO) said Wednesday. Visitors from the UAE spent an average of 17.7 [...]

First Reported Case of Orthopedist with Radiodermatitis

First Reported Case of Orthopedist with Radiodermatitis

SEOUL, Jan. 18 (Korea Bizwire) — An orthopedist has developed necrosis on a finger after working for 17 years around radiological equipment, according to a paper published in a recent journal of the Korean Orthopaedic Association by Professor Kim Yu-mi’s research team at Wonkwang University‘s medical school. This case of necrosis is the first case [...]

Korea FDA to Increase Domestic Vaccine Exports by Supporting PQ Qualification

Korea FDA to Increase Domestic Vaccine Exports by Supporting PQ Qualification

SEOUL, Jan. 16 (Korea Bizwire) – The Ministry of Food and Drug Safety (MFDS) will support the export of domestic vaccines, by helping Korean drug manufactures to obtain the WHO’s PQ qualification. On January 15, the MFDS announced that it would expand its WHO PQ qualification counseling and consulting for Korean vaccine manufacturers who want to [...]

A Fun Game to Encourage Nut-Consumption among Children

A Fun Game to Encourage Nut-Consumption among Children

Barcelona, Jan 15, 2015 (Korea Bizwire) – Nuts and dried fruits consumption has been associated with a reduced risk of major chronic diseases, including cardiovascular disease, and the International Nut & Dried Fruit Council aims to make such benefits known through its new application INC Cartoons. In just one minute, the superheroes from INC Cartoons [...]