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Wholesalers to observe fair trade law
The Korean Association of Pharmaceutical Wholesaler (KAPW) has declared the launch of a compliance program for fair trade, while promoting their business through competition rather than irregular business practices, s...
National health insurance covers 55.8% in 2007
The nation's health insurance coverage stood at 55.8 percent last year, which was somewhat different from the government's target of 60.0 percent, according to the Health Insurance Review & Assessment Service.
The ...
Some prescription drugs in shot supply
Major pharmaceutical manufacturers, including Yuhan Corporation, have been shying away from providing some of ethical products over the years without expansion of their production capacity, making it difficult for who...
Yuhan's Revanex expected to be in normal supply within this week
Yuhan Corp. says it will address the acute shortage of Revanex (revaprazan) though its normal supply to wholesalers and pharmacies from February 20 at the latest. The company has attributed the shortage problem to eve...
30 doctors and pharmacists scramble to run for general election
More than 30 doctors and pharmacists are staging cutthroat competition to enter into the Assembly. How many of them will go all out to serve the electorates they represent rather than themselves, is for voters to judg...
KFTA affirms new GMP policy will focus on guidance
The Korea Food and Drug Administration unveiled its plan to put more emphasis on guidance over the new good manufacturing practice and validation instead of administrative disposition.
In an information session on ...
Choong-wae's new payment system kicks off
Choong-wae Pharm has recently announced it will no longer demand a collateral based payment system in a transaction with its associate wholesalers who are facing with collateral problems.
Instead, the company says ...
Medical professionals call for reimbursement of ginkgo biloba preparations
The government needs to withdraw its plan to exclude ginkgo biloba preparations from the health insurance list from May, according to medical experts.
Medical professionals point out that if any unproven alterative...
CJ introduces anti-platelet therapy
CJ Corporation says it has recently launched its Anplate tablets (sarpogrelate HCl), a specific antagonist for 5-HT2A, with hope of acquiring a larger share in the domestic market.
Sarpogrelate has been proven effe...
Shareholders to reap 1.7 billion won, Sewon Cellontech says
Sewon Cellontech shareholders will receive a 1.7 billion won from the company that closed accounts in December.
According to the Financial Supervisory Service, Sewon, which saw 13.2 billion won in net profit on sal...
