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Multinational companies to strengthen R&D in Korea
Multinational pharmaceutical firms are expected to strengthen research and development (R&D) capability in Korea in cooperation with local research institutes to step up studies in related fields.
Key officials fro...
Bioequivalence to become compulsory for combined generic drugs
Generic drugs of more two ingredients produced cheaply in Korea must prove they are equivalent to the patented medicines on which they are modeled, the Korea Food and Drug Administration has said.
Frequently prescr...
6-year pharmacy school quota urged to expand
The six-year pharmacy school quota should be expanded to 1,600, an increase of 460 from the fixed number of 1,140 at 20 pharmacy colleges nationwide, according to professor Lee Bum-soo, Kangwon University.
The prof...
Top 20% pharmacies account for 60% of total pharmacy-related insurance claims in first half
The richest 20 percent of pharmacies occupied 58.61 percent of the nation’s total insurance claims, showing the same trend over the previous years, according to the Health Insurance Review and Assessment Service.
A...
Battle gets fiercer over hair dye market
Four makers of hair dyes – Dongsung Pharm, Dong-A Pharm, Yuhan Corporation and Choong-wae Pharm - have waged fiercer campaigns to raise their market share as there is rising demand from the large marts and cosmetic st...
Lawmaker calls for new prescription plan
The government should boost the local pharmaceutical industry by a new prescription plan, under which doctors will be required to prescribe the actual chemical agent instead of the name of a specific drug product as t...
Pharmaceutical companies to face shortage of pharmacists
The government should hike the quota for pharmacy colleges as 250 pharmaceutical firms are in need of 5,000 pharmacists, according to a local professor who cite the data released by the Korea Pharmaceutical Manufactur...
Pharmacists urged to freeze dispensing charge
The National Health Insurance Corporation urged pharmacists on October 15 to freeze next year’s dispensing charge, citing the deepening economic downturn.
The corporation stressed the need for pharmacists to tight...
Shortage of hospital pharmacists getting seriousMany hospitals will suffer from a shortage of pharmacists following an expansion of hospital beds in the metropolitan area. The deficiency is expected to get worse as new licens...
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Cold drink market warming up
The drink market of cold remedy is newly gaining momentum with Chong Kun Dang Pharmaceutical who will see the opportunity in the field where three leading firms – Dong-A Pharm, Dongwha Pharm and Samsung Pharm - have b...
