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90.2% of drug wholesalers favor M&A
The majority of drug wholesalers are desious of possible merger and acquisition to defuse cut-throat competition among 1,200 wholesalers across the nation, according to the recent survey.
The survey of 41 wholesale...
Health and medical areas under national core infrastructures.
The health and medical areas were included in the national core infrastructures comprising of the human and material functional systems influencing with enormous importance to the government basic activities on the su...
Public Procurement Service refuses to accept metropolitan based vaccine bidding
In a recent meeting with representatives from the Korea Vaccine Wholesalers Committee, the Public Procurement Service at Daejeon has refused the wholesaler proposal calling for a metropolitan based vaccine bidding, sa...
Orient wins Korean patent for HFRS diagnostic kit
Orient Co. said on September 9 it has acquired a novel diagnostic kit for hemorrhagic fever with renal syndrome (HFRS), using Hantavirus nucleocapsid protein derived from insect cells.
The diagnostic kit is charact...
Health ministry to stipulate qualification of oriental pharmacists
The Ministry of Health and Welfare is considering the revision of the Korean Pharmaceutical Affairs Law as part of efforts to reflect the qualification of oriental pharmacists in the law, following the previous agreem...
Feasibility study on curriculum extension of oriental pharmacy college gets mixed reactions
The recent announcement of the Ministry of Health and Welfare to conduct the feasibility study on the curriculum extension of oriental pharmacy college have drawn mixed reactions as the ministry has so far expressed i...
Prescription drugs hardly found at neighbour pharmacies.
Many pharmacies located in residential areas are experiencing difficulties to keep inventory of prescription drugs through wholesalers and drug makers because most of drug makers directly dealt with wholesalers and wh...
Boeringer Ingelheim Korea to launch Buscopan 10 tablets as OTC
Boeringer Ingelheim Korea said that its Buscopan in packs of 10 tablets can be bought from a pharmacy without a doctor's prescription from September 13, while a larger pack size of 100 talbets is still available on pr...
People's report center for illegal drugs on markets.
The Office for Government Policy Coordination (OGPC) announced on Sept. 6 to open "People's Participatory Center for Civil Economy" (PPCCE) where any report from the people on the illegal medical practices, unregister...
Second hot round of impotence drug markets.
Celebrating the 5th year and 1st year anniversaries for Viagra and the followers like Levitra and Cialis, they are now getting into the second round of the market competition that seemed to be far sharp struggles than...