News About: Pharm. Industry


Drug industry to spend over 1.5 billion won for supply of small packages.

According to a survey conducted by the KFDA on July 13 and 14 for 2 days against 39 drug manufacturers and 16 drug wholesalers, the total 55 companies, over the supply status of prescription drugs, most of drug wholes...

Many variety of bio venture business investment in drug industry

A trend in the pharmaceutical industry shows a variety of bio-engineering venture business investment including a direct or an establishment of professional venture investment companies and an indirect investment thro...

Drug industry petitioned substitutive dispensing with efficacy proved drugs.

In line with the recent government's calming down movement against the strong backlash of the medical community having demonstrated by their nationwide strike, it appears with reflecting a restrictive provisional chan...

KPMA asked for additional preparation expenses of medical/pharmacy separation program.

In earlier report the KPMA raised issues of asking for the government compensational measures against additional expenses accrued from the performance of the drug efficacy equivalent test, a bar coded and extra works ...

Regional Separation Cooperative Council sensitively to be concerned in its operation.

The drug industry sensitively paid attention to the selection of prescription drugs and other new practice at medical institutes in order to explore an appropriate business strategic plan to cope with market environme...

Drug industry claimed for drug prices to reflect with additional costs.

The drug industry faced additional cost pushes in process of implementing the government new medical and pharmacy separation program, complying to the provisional requirements for drug efficacy equivalent tests and su...

New president of KPMA asked to foster pharmaceutical industry as strategic industry.

Mr. Kim Chung-soo, new president of the KPMA met Minister Cha of the MOHW and Mr. Chun Yoon-chul, the Chief Commissioner of the Fair Trade Commission afternoon of July 3, and urged them to foster the pharmaceutical in...

KPMA introduced full-time presidential system

The Korea Pharmaceutical Manufacturer Association(KPMA) held a special general meeting June 28 to introduce full-time presidential system by revising its articles. Then the board nominated Kim Jung-soo, the former Wel...

Domestic pharmaceutical companies strongly oppose restriction on medicine replacement

Pharmaceutical corporations are criticizing the government for its inconsistent measures on medical reform program to separate roles of doctors and pharmacists. The government, as a countermeasure to doctor's strik...

No significant profit increase under medical reform program.

The pharmaceutical corporations funded by foreign capital analyzed, contrary to people's prediction, that the government separation plan of medical/pharmacy practice would not help them to expand their market share in...

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