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2006 IFPW General Membership Meeting

The annual meeting of the International Federation of Pharmaceutical Wholesalers (IFPW), which was held from September 25-27 in San Francisco, was successfully closed, with an objective to create a compelling view of ...

Notice to our readers.

Due to Ch'usok, the Korean (version of) Thanksgiving Day English Yakup Daily will not publish October 5(Thursday), thru October 9(Monday), 2006. We resume publication on October 2(Tuesday), 2006. - management-

KFDA announced final review against bio test institutes.

The KFDA announced the final review report on the bio equivalency tests on Sept. 28 that the total 75 products were found of its data discordance and therefore penalized with a registration cancellation and a re-test ...

KFDA calls for tighter bioequivalence testing

The Korea Food and Drug Administration (KFDA) has recently called on local pharmaceutical companies to conduct their own bioequivalence testing to raise their transparency. In a press interview, a senior KFDA offic...

National Assembly to approve pharmacy's income tax revision

A bill aimed at exempting the taxation of margin-free drugs levied under the actually transacted drug reimbursement system is soon expected to pass in the National Assembly's Finance & Economy Committee, pharmaceutica...

C-TRI wins anther patent for clarithromycin

C-TRI, an affiliated firm of Daehwa Pharm, said on September 28 it has won a Japanese patent for manufacturing clarithromycin (No. 3848837), in Japan. Clarithromycin is a macrolide antibiotic used to treat pharyngi...

Hanmi recruit competition showing 65 to 1.

The competition of Hanmi recruit for the company employment during the second half of this year showed a tough figure as 65 to 1. Hanmi announced about 100 new employment in the areas of the sales, R&D, production ...

Pharmacy and pharmaceutical industry under FTA and Positive List System.

How do the pharmacy and the pharmaceutical industry cope with the impending new marketing environments caused by the FTA and the government's drug pricing policy called "Positive list system". Amid such an unpreced...

Legislation of proposed drug pricing should be postponed, experts said

The Korea's new drug pricing policy will have to be enacted after gaining the general consensus, which is independent from the ongoing free trade agreement with the United State...

Drug wholesalers and Daewoong in dispute.

Sept 28 seems to be a turning point for the drug wholesalers and Daewoong to solve the problems in dispute, considering that the KPWA head Mr. Hwang Chi-yeop and his staffs would return from their world conference on ...

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