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Impeding factors involved in medical e-commerce activation plan to be removed
The consortium of the Korea Hospitals Association held a public hearing on November 4, titled "Establishment of ISP (Information Strategy Planning) for promoting Ministry of Commerce, Industry and Energy's test-run e-...
State must pay damages for carrying a photo depicting doctors' collective protest: court
The High Court reaffirmed a decision by a lower court on November 6 concerning a photo depicting doctors' collective protest that was carried in a new moral textbook for the first-grade high school students, holding t...
KMA called for political parties to form Medical Reform Review Body.
The Korea Medical Association (KMA: President Kim Jae-jeong) presented an official recommendation letter to the chief policy making commissioners of the respective major political parties stating that a pan-national l...
Pharmacy needs food supplement products with moderate prices.
Most of pharmacy franchise companies already introduced their strategic commodities with so called "Private Branded (PB)" products into the market for their member pharmacies to increase revenues, but recently found o...
Government urged to sustain current tax break system for domestic technical transfer income
Following the recent move of Ministry of Finance and Economy to abolish the tax breaks of technical transfer income of domestic pharmaceutical makers in its tax revision, which has been submitted to the National Assem...
Small- and medium-sized firms advised to develop their own R&D strategies
Business sources say that except for a small number of large pharmaceutical firms, about 400 small- and medium-sized firms in Korea are facing fierce competition among makers with excessive number of me-too products b...
Pharmacies suffering from soaring inventories of psychotropic drugs
The pharmacy management has deteriorated due to climbing stockpiles of psychotropic drugs in that a great majority of these drugs are supplied in a larger package of 300 tablets, said a pharmacist.
In a recent pres...
KFDA to cancel 9 product licenses of 5 companies
The KFDA announced to cancel the product registration for 9 products manufactured by 5 drug companies including Ahnam's cardiovascular drug due to poor qualities.
The product licence for Samick's herbal preparatio...
Amlodipine preparations likely to be flooded in the market.
Amlodipine preparation markets, an anti-hypertensive drug ranking the top prescription drug in Korea, may face with impending earthquakes by an explosive influx of too many copy products soon.
The market has been a...
Pfizer Korea's top-selling ethical products face strong challenge
Pharmaceutical business sources say that Pfizer Korea's flagship products such as Norvasc (amlodipine besylate) and Lipitor (atorvastatin) is/will be grapping with fierce competition among competitors to carve out the...
