News About: Pharm. Industry


Insurance drug price slash alerted to drug industry

The drug industry seems to encounter the impending heavy blow of insurance drug price slash by 30.7%. If the slash is executed, the drug industry will face serious difficulties in achieving their management target t...

Drug industry looks importance of sales activities toward clinics.

To cope with pharmaceutical market environmental changes from July 1, next year when the medical and pharmacy separation system taking effect, the drug industry has to modify their sales promotional strategy largely a...

Reckless patent lawsuits affected local business shrunk.

Many multinational drug corporations filed excessive patent lawsuits probably for the purpose of blockading business and production activities of domestic drug companies. As the technology of domestic companies are...

Unfair trade practice in insurance drug market to be specifically illustrated.

Amid impending implementation of the actual purchasing price reimbursement system, the drug industry kept a skeptic position, saying no matter what kind of new provisional system to be tried, the fair trade practice i...

Excise tax abolition on nutrients/tonics to effect from next year.

The Ministry of Finance and Economy announced on Aug. 16 to abolish the excise tax levied on nutrient and tonic drugs effective from Jan. next year. The KPMA has raised many times the abolition of excise tax levie...

Electro payment between Zuellig and Medidas under contract.

Zuellig announced that they would not take any monopolistic business activity in drug distribution markets, and intended to make contract with Medidas, a software company for pharmacy management, for an operation of e...

Drug industry in anguish for legitimate hospital support.

The insurance reimbursement payment for imported drugs will be launched from Aug. 1, under the "Actual purchasing price system" which eliminates any hospital margins and therefore seems to be first test case for the n...

Types of drug unfair trade practice to specify in provisions.

The KPMA announced on July 30 that a provisional measure would be prepared to eliminate drug unfair trade practices that recently committed by hospitals, drug makers and drug wholesalers in the hospital drug purchasin...

Drug trade order afflicted by hospital pressures.

The pharmaceutical manufacturer community recently encountered a massive drug price slash, an insurance price registration at far lower levels than market prices for imported drugs and additional insurance drug price ...

Strategic tie-up between Yuhan and Schering Plough

Yuhan and Schering Plough signed an agreement at the conference room of Yuhan on July 19 for a strategic partnership. According to the Agreement, Yuhan will distribute Schering's products, Icepacin (a broad spe...

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