News About: Pharm. Affairs
Community pharmacy owners to face bankruptcy
The Ministry of Health and Welfare plans to allow supermarkets and convenient stores to cover over-the-counter (OTC) drugs, including cough drops, pain killers and digestives.
Consumer groups have long called for a...
Pharmacists file suit to nullify drug dispensing/management fee cuts
Pharmacists said yesterday that it filed a lawsuit against the Health Ministry to nullify the government's decision to reduce drug dispensing/management fee from July.
In a press briefing, Kangdong Pharmacist Assoc...
Dispensing fee cuts will hurt pharmacy sector
Pharmacies near the large hospitals could lose up to 8 million won if drug dispensing/management fee is to be reduced from July.
A market watcher said that these pharmacies are expected to suffer at least a 3-milli...
Pharmacists call for medical treatment cuts
Five local pharmacists associations carried an advertisement, demanding that the government take steps to lower escalating medical treatment charges.
In an advertisement carried in Chosun Ilbo, a local newspaper da...
Hospitals calls for drug dispensing
Drug dispensing within hospitals should be allowed to ensure the consumer’s convenience, the Korean Hospital Association said Monday.
To this end, the association said it will launch a signature campaign for 10 mil...
OTC switching program of prescription drugs is only option, KPA president says
The Korean Pharmaceutical Association unveiled Friday its plan to switch some prescription medicines into OTC drugs as the subcommittee of the Central Pharmaceutical Affairs Council is to convene on June 21.
“At th...
KPA to delay night rotation system
The Korean Pharmaceutical Association said Thursday it will not implement the night shift system of pharmacies for the time being, which was planned to be available from May 20.
The Korea Pharmaceutical Association r...
Drug stores are reluctant to sell 44 OTC medicines
The Ministry of Health and Welfare announced Wednesday its plan to reclassify 44 over-the-counter (OTC) medicines as general health products that can be purchased anywhere, such as convenience stores and supermarkets....
Pharmacists say monopoly on OTC drugs needed to ensure public safety
The Ministry of Health and Welfare decided yesterday to reclassify 44 over-the-counter (OTC) medicines as quasi-drugs that can be purchased anywhere, such as convenience stores and supermarkets.
More recently, the ...
Dispensing fee cut will hurt pharmacy sector
From July 1, the drug dispensing/fee is expected to be lowered and this will result in significant losses in pharmacies neighboring at medical institutions, according to market watchers.
The estimated losses are ba...