SEOUL, Jul. 18 (Korea Bizwire) — Despite the nationwide boycott of Japanese products, a boycott of Japanese medicines, which has been weak and ineffective, is actively taking place online. The boycott online is characterized by a new form of “not selling” boycotts by self-employed people beyond consumers’ “not buying.” In the midst of this, some [...]
SEOUL, May 23 (Korea Bizwire) – In order to prevent drug induced sexual assault, which has recently become a social problem, a portable sexual assault prevention kit will be developed. The Ministry of Science and ICT and the Ministry of the Interior and Safety reported on Wednesday the public launch of a “Research Project for [...]
SUWON, Apr. 27 (Korea Bizwire) — Park Yoo-chun, an actor and former member of boy band JYJ was arrested Friday over his alleged use of drugs. The Suwon District Court issued an arrest warrant for the 33-year-old Park over allegations that he took drugs together with the granddaughter of the founder of a dairy producer. [...]
SEJONG, Oct. 4 (Korea Bizwire) — The amount of narcotics caught being smuggled into the country by travelers in the first half of this year was already three times more than the total detected for the whole of last year, data analysis by an opposition lawmaker showed Thursday. According to the report provided by the [...]
SEOUL, Aug. 6 (Korea Bizwire) — South Korea’s drug safety watchdog said Monday that it has banned Daebong LS Co., a local maker of valsartan, from selling and making the active ingredient meant to treat high blood pressure over a cancer-causing substance in the drug. The Ministry of Food and Drug Safety has also prohibited [...]
SEOUL, June 1 (Korea Bizwire) – South Korea’s consumption of antibiotics has been greatly reduced, a government report showed Thursday, but the country remains the top user among Organization for Economic Cooperation and Development (OECD) member countries. According to the report by the Health Insurance Review and Assessment Service, the prescription rate of antibiotics for [...]
UIJEONGBU, South Korea, May 23 (Korea Bizwire) – A total of 132 South Koreans were arrested in a three-month narcotics crackdown spearheaded by the Gyeonggi Bukbu Provincial Police Agency, with 46 individuals indicted and the reported seizure of 39.3 grams of methamphetamine, enough to dose 800 people simultaneously. According to the agency, 116 (87.8 percent) [...]
SEOUL, March 21 (Korea Bizwire) – Major South Korean pharmaceutical companies are poised to expand their spending on research and development (R&D) this year despite weak earnings, industry sources said Tuesday. The four drug companies — Hanmi Pharmaceutical Co., Green Cross Corp., Daewoong Pharma and Chong Kun Dang Pharmaceutical Corp. — whose annual R&D spending [...]
SEOUL, Feb. 27 (Korea Bizwire) – Young owner members of major South Korean pharmaceutical manufacturers, such as sons and grandsons of company founders, are on the fast track to management positions, industry sources said Monday. Lim Jong-hoon, third son of Hanmi Pharmaceutical Chairman Lim Sung-ki, is set to be registered as a member of the [...]
SEOUL, Feb. 20 (Korea Bizwire) – South Korea’s consumption of antibiotics edged down in 2015 but remained the highest among members of the Organization for Economic Cooperation and Development, the health ministry said Monday. According to the ministry, the country’s antibiotic use was tallied at 31.1 defined daily dose (DDD) per 1,000 people, meaning 31.1 [...]