All Type of News
Tougher GSP facility regulation of new wholesaling entrants
In the May 19 board of directors meeting, the Korea Drug Wholesalers Association decided to propose, via GSP standing committee, to the government a tougher GSP facility regulation to the new entrants in the domestic ...
KMA to promote earlier implementation of GPP system
The Korea Pharmaceutical Association says it is contemplating a series of new plans designed to ameliorate related to pharmaceutical-rated regulations via a joint establishment of a working committee with the Ministry...
Dongsung Pharm making US inroads
Since its establishment of a new American subsidiary Dongsung America early this year, Dongsung Pharm has expanded its presence in North America and Canada.
Dongsung America, which is headed by Chris Kim, signed a ...
Wholesalers resentful over harsh pressure on warranty.
In consequence of the default incidence of Baekseh wholesale company most of drug makers are pushing heavier pressures to wholesalers on the warranty, for which wholesalers are in big wrath.
Wholesalers pointed ou...
KHIDI to support Tokyo Bio-Expo participation.
Korea Health Industry Development Institute (KHIDI) plans to support Korean health industrial companies to set up the Korea Booth during "2004 Tokyo Bio-Expo" scheduled from May 19 to 21 in Tokyo Japan.
The partic...
13 illegal herbal drugs sellers uncovered.
Busan KFDA uncovered 13 illegal herbal drug sellers including 4 makers and 9 wholesalers who violated the Pharmaceutical Affairs Act during the regular inspection on the illegal herbal drug distribution.
Violatio...
KOSDAQ-listed pharmaceutical firms rose 13 percent in first-quarter profit
According to data released by Yakup Shinmoon, the first-quarter profit of 13 KOSDAQ-listed pharmaceutical firms rose 13.6 percent year-on-year to 14.2 billion won on the back of profit-oriented management via sustaine...
BGMP-accredited firms top 105
The Korea Food and Drug Administration say that as of May 2004, BGMP-accredited firms totaled 143 since Daewoong Chem. was granted its accreditation in August 1998. The BGMP system was made compulsory from 2002 and th...
Public health insurance allowances total 5.2 trillion won in first quarter
The Health Insurance Review Agency says that health insurance payments in the first half of this year amounted to 5.21 trillion won, down 0.4 percent from a year earlier;
- Payment from insurance fund accounted for...
Drug maker's direct hospital deals to be lightly penalized.
A massive administrative penalty was charged to quite a number of drug makers who committed violation in their direct hospital deals. However, KFDA recently consulted with MOHW and finally decided a lighter penalty th...
