News About: Pharm. Industry


Imported drug insurance plan requested one year postponement.

The Korea Pharmaceutical Trade Association (KPhTA) presented an official position paper to the MOHW titled "Proposal for insurance drug pricing of imported drugs" indicating that imported drugs under the current insur...

Insurance drug price slash to hold possibly for long time.

The government price reduction plan for insurance drugs as scheduled to take effect from coming July 1, this year goes very likely to hold back for quite a long period of time in line with the implementation of new in...

Drug industry alert to public prosecutor's inspection on irrational drug deals.

Recently the public prosecutor investigated hospitals on bribery and rebate scandals in connection with hospital purchases of expensive medical instruments, which seems to be extended to the drug purchasing deals as w...

Low import drug pricing may hamper entry of new drugs.

Due to unreasonable price policy on the imported drugs currently proceeded in the government a new drug especially in use of difficult diseases seems hardly to be introduced into Korean market. The government insuranc...

KPMA said no drug price reduction unless provisions amended.

On the first courtesy visit to the new Minister of MOHW on June 2 the KPMA explained difficult situations of the drug industry and serious concerns about the government drug insurance price policy, and strongly asked ...

Foreign drug companies strongly opposed against insurance pricing policy on imported drugs.

The foreign pharmaceutical corporations having their business in Korea expressed a total backlash against the MOHW insurance reimbursement price policy on the imported drugs, reducing the existing market prices of imp...

Pharmaceutical industry management appears in both extremes.

The local pharmaceutical industry has tried to transform their business management into more structural solidity by means of a brave investment for the R&D of new drug discovery and the company restructuring process i...

Drug industry in predicament to Drug Efficacy Equivalency procurement.

The pharmaceutical industry now faced with difficult situation as to how to secure the drug equivalency in line with the pharmacist's substitution in dispensing physician's prescription with other equivalent generic d...

Economic cooperation between South and North Korea in pharmaceutical trade seems to realize.

The Korea Pharmaceutical Trade Association made a press interview on May 17 and explained the pharmaceutical economic cooperation program having proceeded between the South and North Korea. In the press meeting, it wa...

Strategic business tie-up for survival prevails in drug industry.

A scope of strategic tie-up for company survival among domestic drug industries went ever expanding to not only R&D but also marketing and distribution activities, thus the low cost with high efficient management ...

TOP
BACK
Address: 295-1, Chungpa-Ro, Yongsan-Gu, Korea
Phone: 02-3270-0114 | Fax: 02-3270-0129 | Email: eyd@yakup.com

Copyright © Yakup Shinmoon, Inc. All Rights Reserved.