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Competition will heat up in amlodipine market
The domestic amlodipine market is expected to emerge as an arena of fierce competition between domestic and foreign-invested firms from next year, market sources said recently.
Whanin Pharm, a local drug maker, unv...
Government urged to scrap regulation over wholesalers' unsealed selling of drugs
In its recent interview on March 8, Seoul chapter of the Korea Pharmaceutical Association called on the Ministry of Health and Welfare to scrap the provisions of banning unsealed selling of drugs at pharmacy among the...
Ulchi University hospital to open in Daejon.
Ulchi university hospital (superintendent: Dr. Ha Kwon-ik) will start its therapeutic service operation from April 20 after completing all facilities at Dunsan, Daejon city at cost of the total 300 billion won as one ...
Foreign drug companies created 370 MW of sales per capita.
Yakup Press unveiled in its survey that 22 foreign multinational drug corporations in Korea have achieved 370 million won of sales per capita in 2003 (an average employee of 269.32/company), which was 1.6 times more t...
Pharmaceutical imports soar 44% in February
Korea's pharmaceutical imports soared 44 percent in February compared with the same month from a year earlier, according to statistics from the National Statistical Office.
Pharmaceutical business sources s...
KFDA launches special monitoring system against false or exaggerated ads
The Korea Food and Drug Administration announced it has set up a special task force team to monitor false or exaggerated advertisements in which health foods are falsely claimed as having therapeutic effects, or whose...
Korea would likely face oversupply of medical providers
Korea needs to come up with a detailed solution to resolve the expected oversupply of medical human resources, which aims both to reduce the number of new entrants in medical college and introduce a new system of exte...
Cumulated stocks to aggravate wholesaler's management.
Although the government policy induces more small package drugs available, ever piled stocks at wholesaler's shelves have made their business far difficult. In fact, a part of foreign multinational drug corporations h...
Drug makers strictly to be controlled over Veteran Hospital bidding.
The public tender invited by Veteran hospital for the purchase of drugs becomes due on April 8 (the contract determined on April 6), showing a keen interest as to whether the drug supply would be smoothly proceeded.
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Doctors and pharmacists seeking to benefit from parliamentary elections
Less than a week before April 15 general elections amid intensifying public criticism over the impeachment of President Roh Moo-hyun, both camps of doctor and pharmacist have revealed their tacit supports for Grand Na...
