News About: Pharm. Affairs
Pfizer Korea, Dong-A with Most Number of Inventory Surpluses at Retail Pharmacies
The list of top 100 ethical drugs identified as retail pharmacy inventory surplus, based on their monetary values, shows that Dong-A Pharmaceutical has the most number of products among the domestic firms, while Pfize...
Retail Pharmacists with Grim Business Outlook for Current Year
The results from a survey conducted by the Korea Pharmacist Community Association (KPCA) show that the majority of retail pharmacists are expressing concerns for continued retail business decline.
The survey, which...
Retail Pharmacists to Kick Off Cumulative Inventory Returns
The Korea Pharmaceutical Association (KPA) recently released its instructions to the retail pharmacists on the nationwide return initiative of unused cumulative pharmaceutical inventories.
The instructions ask the ...
Zuellig, Retail Pharmacists Make Headway with Contract Negotiations
The Seoul Pharmaceutical Association (SPA) and Zuellig Pharma Korea (ZPK) recently held the second round of negotiations to discuss on the alleged unfair contractual terms and conditions involving the pharmaceutical d...
Less Demand for Neutraceuticals at Retail Pharmacies Expected
In light of a heightened speculation that the nation's major corporate medical institutions would be allowed to expand their areas of business operations, while maintaining non-profit objectives, to include manufactur...
KPA Identifies Specific Manufacturers Showing Lack of Support Toward Inventory Return Request
The Korea Pharmaceutical Association (KPA) recently released a list of specific pharmaceutical manufacturers that are deemed as either non-responsive or non-supportive to the proposed return of cumulative surplus drug...
Government Pays Over 200 Billion Won for Medication Guidance by Retail Pharmacies
According to a recent statistical analysis conducted by Rep. Kim Chun-jin of the Uri Party on the historical National Health Insurance (NHI) pharmacy care related spending, the medication guidance provisions represent...
Consumer Interest Group Supports Pharmaceutical Small Packaging Requirement
The consumer interest group strongly suggests for an immediate regulatory implementation of pharmaceutical small packaging requirement, stating that both the government and the industry constituents must consider publ...
Retail Pharmacies Involved with Counterfeit Novarsc Could Avoid Legal Prosecutions
The Seoul Pharmaceutical Association (SPA) reported that the retail pharmacies purchased the counterfeit Novarsc medications from the wholesale suppliers via following the proper transaction procedures.
Over thirty...
Nation's Pharmacists Ask for Manufacturers' Participation on Inventory Return Initiative
The representatives from the nation's pharmacist interest groups released an official statement earlier this week, asking pharmaceutical manufacturers for their active and autonomous participations towards an initiati...
