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Drug agency to strengthen validation over imported medicines
Drug importers are obliged to pay more attention to keep validation data of corresponding items as the Korea Food and Drug Administration plans to get tough on validation business of imported drugs.
“It is imperati...
Third party deposit system hits obstacle
The third-party deposit system, which has been strongly backed by the Korea Pharmaceutical Manufacturers Association, is likely to hit a snag as many Korean pharmaceutical companies want to make direct contributions t...
Card fees angers pharmacists in Pusan
Pharmacists accepting credit cards in Pusan urged the Korea Pharmaceutical Association to curb what they are calling unreasonably high plastic card commission fees, KPA’s Pusan chairman Ok Tae-seok said.
“Community...
Government reaffirms pharmacy school quota’s increase
The Ministry of Health, Welfare and Family Affairs has vowed to increase pharmacy school quota to cope with growing demand of pharmacists in pharmaceutical companies and large hospitals.
The government should focus...
NHIC to have initiatives over drug price
The National Health Insurance Corporation will have a sole responsibility to decide which new drugs are to be put on the positive list and how much they will cost through negotiations with pharmaceutical companies, ac...
Leading drug makers to face drug price cut
Prospects have been grim for leading pharmaceutical firms, as the government plans to lower the insurance prices of leading drugs based on sales.
The price re-evaluation work has been made every three years in a bi...
Dong-A Pharm’s employees concerned about honorable retirement system
There is growing concern among older employees in Dong-A Pharm as the company is implementing an honorable retirement system on those aged 53 years or more, with condition that one-year salary will be added to severan...
Fierce competition seen in lip care market
Local lip care market is expected to be heating up as Nivea and Wyeth have released their flagship products one month earlier.
“Earlier product release will be advantageous to attract customer’s attention at pharma...
Boehringer Ingelheim Korea opens website for Buscopan
Boehringer Ingelheim Korea has launched its new websie for Buscopan.
The website is aimed at providing customer with a variety of information covering stomach pain and gastrointenstinal discomfort, including Q&A.
...
24.5 trillion won earmarked for new growth engines
The government plans to spend 24.5 trillion won in the next five years to develop competitive products that can fuel the country's long-term economic growth,
The plan calls for concerted efforts to build up 62 star...
