SEOUL, Mar. 18 (Korea Bizwire) – South Korea is set to significantly expand a program that allows residents to safely dispose of expired or unwanted medication simply by dropping it into a mailbox, reducing environmental hazards from improper disposal. According to the Ministry of Environment, as many as 43 municipal governments across the country could adopt [...]
SEOUL, Mar. 14 (Korea Bizwire) — The government will allocate 1.3 trillion won (US$988.4 million) over a five-year period to support the medical treatment of young children with serious illnesses and reduce hospital admission costs for babies under age two, the interior minister said Thursday. “The government will ensure that young children will not face [...]
SEOUL, Nov. 23 (Korea Bizwire) – A mushroom native to Ulleungdo that has already been confirmed to have anti-cancer and antioxidation effects has now been discovered to possess anti-inflammatory properties as well. The National Institute of Biological Resources (NIBR) announced on Wednesday that a mushroom native to Ulleungdo, the “small yellow polyporus varius mushroom,” first identified [...]
SEOUL, Nov. 10 (Korea Bizwire) – By capitalizing on the anxiety of students and parents ahead of the national college entrance exam, there has been a surge in cases where ADHD medications, originally intended for medical treatment, are being deceptively sold as ‘study-enhancing drugs.’ On Thursday, the Ministry of Food and Drug Safety announced that it [...]
SEOUL, Dec. 27 (Korea Bizwire) — The central administrative city of Sejong will launch a pilot program in January in which households can drop waste medicines into mailboxes and postal workers will safely bring them to incineration sites, officials said Monday. To launch the waste medicine collection service, the city government signed a memorandum of [...]
SEATTLE, Sept. 13 (Korea Bizwire) — Personalized Lifestyle Medicine Institute (PLMI) is pleased to host The 10th Annual Thought Leaders Consortium: The Intersection of Intestinal Microbiome with Clinical Epinutrigenomics, on Oct. 7-8, 2022. Delegates may attend in person in Seattle, Washington, and a Virtual Livestream component is also being offered for those who desire to attend online. This year’s event [...]
SEOUL, Dec. 26 (Korea Bizwire) — A newly developed technology uses material from recycled plastic bottles as components of pharmaceutical products. A joint research team from the Korea Research Institute of Chemical Technology (KRICT), Korea University, and Ewha Women’s University announced on Tuesday that they had developed a new technology that chemically disassembles plastic bottles [...]
SEOUL, Nov. 5 (Korea Bizwire) — Pharmaceutical companies are facing controversy as they were found to be avoiding manufacturing certain medicines for which authorities issued sales permits upon condition that they would be used for clinical trials on patients, if market reaction was ‘not good enough’. Rep. Jang Jeong-sook of the ruling Democratic Party, a [...]
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 [...]