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Local drug wholesalers urged to seek ‘economies of scale’
Korean pharmaceutical wholesalers are needed to join forces to realize the `economies of scale’, in a bid to keep their business afloat, according to a local analyst.
Ko Eun-ji, a research fellow of LG Economic Ins...
Most pharmaceutical firms still sweating over 2009 plan
A majority of Korean pharmaceutical companies are still struggling to finalize their business plans for the new year, industry sources said recently.
External negative factors, such as the government's pressure to ...
Drug Utilization Review system to be implemented in Cheju island
The Drug Utilization Review system, which was initially carried out in Koyang of Kyunggi Provinces, will be carried out in Cheju island from November on the second test-run basis, according to the Ministry of Health, ...
Multinationals’ slow reaction to direct dealing provokes protest
The slow action of some of multinational drug manufactures for mounting voices to expand the direct transaction with domestic wholesalers has provoked criticism from wholesalers in Seoul.
The Seoul Pharmaceutical W...
Multinational firm to be under siege in antitrust debate
Multinational drug manufacturers will face the health ministry’s scrutiny for their monopolistic behaviors with Zuellig Pharma Korea (ZPK).
The Ministry of Health, Welfare and Family Affairs said it had consecutive...
Baikje to support rival wholesaler
Baikje Pharma Group, a homegrown large wholesaler, is likely to start offering support to its business rival Dongwon Pharma Group in a bid to keep the latter’s business afloat, according to pharmaceutical sources.
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Government, medical doctors on alert to fight influenza A
In Korea, over 4,000 people are diagnosed daily as having contracted the H1N1 type flu with hospitals reporting roughly 30 percent of all people who come in to be treated for common cold infected with the virus.
I...
People get Tamiflu at pharmacy
Citizens, who are found to be infected with the H1N1, a subtype of influenza A, may be able to buy Tamifu at pharmacies across the country from October 30, the Ministry of Health, Welfare and Family Affairs said.
H...
Consensus on Health Insurance fee needed
Around this time of the year, clamor rises over the increase in National Health Insurance fees.
The government says the rise is inevitable for better coverage, but people seem to be disgruntled over the increasing ...
Flu epidemic affects cold drug sales
With the H1N1 pandemic regaining its strength, concerns are rising that the outbreak will negatively affect the revenues of cold drug manufacturers.
The H1N1 virus' infection rate has gone up to 4,000 per day, and...
