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Drug companies associated with Zuellig on business turmoil.

15 foreign drug manufacturers who were associating with Zuellig including Pfizer, MSD, Norvatis and Boehringer Ingelheim for their product distribution have encountered a serious business turmoil. As a result of t...

Health ministry reshuffles KFDA structure

In an effort to cope with the implementation of the Functional Health Foods Law, the Ministry of Health and Welfare announced on September 2 that it expanded the existing structure of the Korea Food and Drug Administr...

Household's drug outlays in second quarter dipped 4.3%

Korea's average household monthly outlays in the second quarter of this year amounted to 1,896,000 won, up 6.1 percent compared with the same period of 2002, the National Statistics Office reported recently. ...

Prime Minister Goh vows to support 5-day workweek

Following the National Assembly's approval of the shortened workweek bill on August 29, which calls for a reduction of working hours from the 44 to 40, Prime Minister Goh Kun issued on September 1st the government's m...

Growing number of patients complaining over medical bills.

The total 1,309 cases of patient's complaints over the NHI medical bills have been filed during the first half of this year, which was 244.5% more than the previous year period of 380 cases and 68.5% more than the tot...

Drug wholesalers to declare no more talks with Zuellig.

The Pharmaceutical Business Development Council (PBDC) could not avoid but encounter an overall battle against Zuellig. 6 issues questioned to Zuellig were supposed to answer to the PBDC until Aug. 28 but none of t...

Minimum actually transacted price system reverts to weighted average price system from this...

Minimum actually transacted price system reverts to weighted average price system from this September 1st The Ministry of Health and Welfare said on August 28 that the existing weighted average price calculation sy...

A clinic's monthly revenue reaching 27.98 million won: KPA claims

The Korea Pharmaceutical Association said that the total monthly revenue of a clinic stands at 27.98 million won combining 21.32 million won of medical treatment charges and 6.64 million won of non-reimbursement charg...

KPA opposes further expansion of exceptional SDP function

The Korea Pharmaceutical Association said recently that it opposes the proposed Pharmaceutical Affairs Law's revision plan to exceptionally expand the current SDP function to patients with national merits and those wh...

Pharmacy franchise companies competing in prescription drug distribution.

The pharmacy franchise companies including Withpharm, Leadpharm, Mypharm and Ohnuri have shown a harsh market competition especially over the prescription drug distribution business. Withpharm has led the pharmac...

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