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Busan District Prosecutor’s Office investigates distribution companies
As the Eastern Branch of Busan District Public Prosecutor’s Office was known to exercise seizures on 8 distribution companies including the well-known ones, logistic and pharmaceutical companies have paid sharp attent...
“CSO has no responsibility to make income & expenditure reports”
The Ministry of Health and Welfare(MOHW) gave an interpretation that a CSO does not need to make income & expenditure reports under the current law.
Deputy Director Jae-Woo Park at the MOHW Pharmaceutical Policy Divi...
Dongkook starts to sell worldwide scar treatment ‘CICA-CARE’ at pharmacies
Dongkook Pharmaceutical signed an agreement of the scar treatment ‘CICA-CARE’ 12X3cm with the global healthcare company ‘Smith&Nephew’ and started to sell it at pharmacies.
CICA-CARE, made 100% with medical silicone,...
Kim&Chang recruits Kyung-Ho Lee, former KPMA chairman, as senior advisor
Kyung-Ho Lee, the former chairman of the Korea Pharmaceutical Manufacturers Association(KPMA), will start to work as a senior advisor at Kim & Chang from the 20th of March.
After having a service as the chairman for ...
MFDS to become member of ‘International Medical Device Regulators Forum(IMDRF)’
In order to join in the International Medical Device Regulators Forum(IMDRF) which harmonizes the international medical device regulations of each country, the Ministry of Food and Drug Safety(MFDS) will attend the 11...
MOHW reveals member list and meeting results of the household product adjustment council
In order to improve transparency in the process of adjusting the emergency household product list, the ministry will reveal the list of members and open the process of the meeting.
On the 14th, the Ministry of Health...
Listed pharmas focusing on reducing SG&A expenses for high profitability
In order to raise profitability, listed pharmaceutical companies are focusing on reducing SG&A(selling, general & administrative) expenses.
It was criticized, however, the top pharmaceutical companies have been weake...
Why does KPA make fights against each other for the same goal?
As the Korean Pharmaceutical Association(KPA) has face continuous conflicts over the ‘improvement of election system’ issue at the regular representative meeting, the plan practically went vain, which raised strong cr...
1-year ‘satisfactory’ application of insurance benefit for Daklinza for treatment of hepatitis C
After the mass hepatitis C infection incident, the Korea Centers for Disease Control and Prevention(KCDC) recently revealed the reaction of Korean hepatitis C patients to interferon and the effect of treatment after a...
Plans to install ‘Health and Medical Human Resource Center’
A plan will be carried out to create an organization exclusive to address the supply problem for health and medical professionals.
Justice Party Rep. So-Ha Yoon recently announced proposal of the amendment to the Med...