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Taurine May Be Effective in Treating Alzheimer’s

Taurine May Be Effective in Treating Alzheimer’s

SEOUL, Dec. 16 (Korea Bizwire) — Researchers from the Korea Institute of Science and Technology (KIST) have discovered that taurine may be effective in treating Alzheimer’s disease, according to a December 14 announcement. Taurine, an amino acid which occurs naturally in squid and octopus, is commonly available as a dietary supplement that supports neurological development and [...]

ICT Ministry Selects 5 Mobile Healthcare R&D Projects for Focused Development

ICT Ministry Selects 5 Mobile Healthcare R&D Projects for Focused Development

SEOUL, Dec. 10 (Korea Bizwire) — The Ministry of Science, ICT and Future Planning will push for healthcare R&D projects that are directly related to citizens’ health and welfare. On December 9, the ministry announced that it has selected five healthcare service projects including mobile health scenario and platform development and biomarker-based diagnostic devices. Its budget set [...]

Popularity Gap Between Plastic Surgery and Internal Medicine in Korea’s Medical Industry

Popularity Gap Between Plastic Surgery and Internal Medicine in Korea’s Medical Industry

SEOUL, Dec. 7 (Korea Bizwire) — In the application for specialist doctors, the number of applicants for internal medicine doctor positions has fallen short of the assigned number for the first time in history. According to data released by the Korean Hospital Association on December 6 on the 2015 specialty doctor recruitment status, the total [...]

Pilot Telemedicine Program Price Set at up to 38,000 Won per Patient

Pilot Telemedicine Program Price Set at up to 38,000 Won per Patient

SEOUL, Nov.27 (Korea Bizwire) – The Ministry of Health and Welfare said on November 26 that it has set the price for a pilot program for telemedicine services within the range between 9,900 and 38,000 won per patient. The healthcare service providers that will be subject to the new pricing are those participating in the pilot program [...]

OTC Drugs by Multinational Pharmaceutical Companies Much More Expensive in Korea than Other Countries

OTC Drugs by Multinational Pharmaceutical Companies Much More Expensive in Korea than Other Countries

SEOUL, Nov. 22 (Korea Bizwire) – When a North American visiting South Korea has a headache, he or she will probably pay more than in the United States to buy Advil, as drugs manufactured by multinational pharmaceutical companies are typically sold at higher prices in South Korea than in other countries. When the Consumers Union [...]

Yileyuan Medical Complex to Be Established by Korean Company The All H&B

Yileyuan Medical Complex to Be Established by Korean Company The All H&B

SEOUL, Nov. 20 (Korea Bizwire) – Just as Chinese investors have increasingly invested in the Korean healthcare market, Korean companies are preparing to aggressively enter the Chinese medical market. The All H&B, the Korean organizer of a medical complex to be built in China, announced on November 18 that it signed an agreement with the [...]