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US accepts Korea's drug pricing policy conditionally
The United States have conditionally accepted the Korean government's proposal in terms of medicine pricing, said a civic group in a statement on August 14.
People's Solidarity for Participatory Democracy said that...
Doctors calls for easing rules limiting OTC sales in supermarkets
The Korea Medical Association (KMA) reiterated on August 14 the government has to consider easing regulations banning supermarkets and convenient stores from selling over-the-counter (OTC) products.
In a statement ...
Number of Korean physician per population lowest among OECD nations.
Number of physicians and nurse per 1,000 populations in Korea showed 1.6 and 1.8, which was the lowest among 25 OECD nations except Mexico according to "2006 OECD Health Data" reported by the National Health Insurance...
US accepts Korea's pharmaceutical pricing
The Ministry of Health and Welfare (MOHW) said on August 11 that the United States has accepted Korea's new drug-pricing measure aimed at offering quality medicines at cheaper prices.
"The U.S. agreed to restarting...
Global GMP system planned
The new global Good Manufacturing Practice (GMP) system, which incorporates the standards of advanced countries including World Health Organization, will be implemented from next year based on phase-by-phase through t...
Court accepted drug industries's appeals on bio equivalency problems.
12 drug companies including Dong-A earlier raised a lawsuit to the court against the KFDA, claiming that the KFDA's registration cancellation on charge of the alleged bio-equivalency test fraud be unfair, and the cour...
Government urged to delay new GMP system
The domestic pharmaceutical industry is calling for the Korea Food and Drug Administration to delay the implementation of a new global good manufacturing practice (GMP) system, while providing an allowance of at least...
Nominal Korean-made drugs may not be granted any longer.
The KFDA announced on Aug. 9 that the KFDA would not grant it as a Korean-made drug when a drug maker imported finished bulk drugs simply to pack locally according to the revised Working Rules of the Pharmaceutical Af...
Zuellig Korea's tighter margin policy hits associate wholesalers
Zullig Korea's associate is facing a falling sales margin as the company are tightening sales its incentive criteria through a revised agreement.
Under the revised contract, Zuellig will provide associate wholesale...
Per capita medication costs showing 50% increase for five years
Per capita drug costs have increased by about 50 percent between 2001 and 2005 due to the increasing number of prescriptions in favor of high-priced drugs and extended treatment days, according to a report relea...
