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Policy
Will non-face-to-face prescriptions of Wegovy be banned?
by
Lee, Jeong-Hwan
Oct 24, 2024 05:51am
Yu-Kyoung Oh, Minister of the Ministry of Food and Drug Safety, said the ministry will discuss the issue of Wegovy, a new obesity drug, being prescribed through non-face-to-face treatment with the Ministry of Health and Welfare. The MOHW Minister Kyoo-hong Cho also responded that he would actively engage in Oh's request for discussions.
Policy
Overseas direct purchases of GLP-1 obesity drugs banned
by
Lee, Hye-Kyung
Oct 23, 2024 05:50am
The government has begun blocking direct purchases of GLP-1 obesity drugs overseas in the wake of the ¡®Wegovy¡¯ craze. The Ministry of Food and Drug Safety (Minister: Yu-Kyung Oh) and Korea Customs Service (Comissioner: Kwanghyo Ko) announced on the 22nd that they would block the direct purchase of recently launched GLP-1-based obesity d
Company
Moderna¡¯s keyword for post-COVID vaccination is ¡®RWE¡¯
by
Whang, byung-woo
Oct 23, 2024 05:50am
With the COVID-19 pandemic transitioning to the post-COVID-19 era, Moderna is putting forward ¡®real-world evidence (RWE)¡¯ as the keyword for its vaccines. As the seasonal vaccination of COVID-19 vaccines has become the norm, the company has been promoting the accumulated effectiveness and safety of its vaccines. Since the pandemic,
Policy
New drug expenditure is 13.5% of NHI finance's drug spending
by
Whang, byung-woo
Oct 23, 2024 05:49am
It was found that the total expenditure on new drugs listed in the past six years since the Positive List System policy was implemented amounted to 13.5% of the National Health Insurance pharmaceutical spending, which is the lowest compared to the averages of A8 countries and OECD countries. The Korean Research-based Pharmaceutical Industr
Product
Stockpiled COVID-19 drugs soon to expire in KOR
by
Kim JiEun
Oct 23, 2024 05:49am
A corona drug that caused a crisis due to its shortage has become a nuisance, an inventory glut, in just 3-4 months. In August, the government additionally distributed large quantities of the treatments, but the number of confirmed COVID-19 cases plummeted. The expiry date of the supply is approaching, raising the possibility of mass d
Product
Illegal errand companies deliver Wegovy for ₩10,000
by
Jung, Heung-Jun
Oct 22, 2024 05:52am
Amid the craze for obesity treatment drug Wegovy, errand companies are also thriving by offering pharmacy proxy pick-up and delivery services. These are illegal businesses that take advantage of the fact that consumers are looking for a low-priced source of the non-reimbursed drug, as the price varies greatly depending on the pharmacy.
Policy
Dongkook receives reimb for s-amlodipine triple-drug combo
by
Lee, Tak-Sun
Oct 22, 2024 05:52am
Dongkook Pharmaceutical has succeeded in becoming the first Korean company to receive reimbursement for a three-drug combination drug for hypertension that combines the CCB ¡®s-amlodipine,¡¯ ARB ¡®olmesartan¡¯ and diuretic ¡®hydrochlorothiazide¡¯. The combination therapy is expected to be useful for patients whose blood pressure is not ad
Company
"Multiple myeloma dynamics require changes to reimb strategy
by
Whang, byung-woo
Oct 22, 2024 05:51am
"Multiple myeloma is a cancer type that has a great ripple effect depending on new drugs provided in a certain environment. Reimbursement of multiple myeloma treatment requires discussion following a thorough evaluation of the impact of the treatment depending on the treatment environment." Multiple myeloma is one of the cancer types wit
Policy
MFDS grants EUA to COVID-19 variant vaccine for infants
by
Lee, Hye-Kyung
Oct 22, 2024 05:51am
The Ministry of Food and Drug Safety (Minister Oh Yu-kyoung, MFDS) announced on October 21st that it has granted Emergency Use Authorization for 'Comirnaty JN.1 Inj 0.033 mg/mL (bretovameran),' a SARS-coV variant (JN.1) vaccine for infants aged 6 months-4 years. Emergency Use Authorization is a system designed to respond appropriately to
Product
Consumers use tricks to receive Wegovy prescriptions
by
Kang, Hye-Kyung
Oct 22, 2024 05:51am
With heating interest in the obesity drug Wegovy, the way-around measures the consumers are taking to receive prescriptions are causing controversy. From how to receive Wegovy through non-face-to-face treatment venues without the legwork to how to split the high-dose formulations being shared online, concerns are growing over the drug¡¯s
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