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Zuellig pharma has problem with marketing power

Bayerhealthcare Korea announced that they will directly sell general medicines outsourced to Zuellig pharma Korea from 10th July, which is an example of verifying that Zuellig pharma has problem with marketing power. ...

Disputes arise over PPS's blanket purchase bidding on vaccines

The recent Public Procurement Service's run-in blanket purchase bidding process on vaccines worth 2.4 billion won has fueled suspicions from the domestic wholesalers, as Mirae Drug was privately selected as a successf...

KFDA is on the alert over imported cosmetics containing human placenta

Following the recent advertisements that imported cosmetics containing human placenta is effective in making women's face smaller, these cosmetics are popular among young women but customers' caution should be exercis...

KPICA's P2P E-commerce program on friction with wholesalers.

The Korea Pharmaceutical Industry Cooperative Association (KPICA) is trying to set up an electronic commercial program titled "P2P (Pharmaceutical to Pharmacy)", which arouse the pharmaceutical wholesalers concerns. ...

Health Minister signed WHO's tobacco control treaty.

Minister Kim Wha-joong visited the UN headquarter in New York as the representative of Korean government and signed the WHO's basal treaty on the tobacco control covering an international cooperation over the tobacco ...

KFDA to prop up DMF system

The Korea Food and Drug Administration disclosed a plan to incrementally expand the coverage of Drug Master File (DMF) system to bioequivalence-tested items in addition to new drugs, which was introduced in July of la...

University hospitals' average management losses jumped to 4.0 billion last year

More than half of university hospitals nationwide suffered an average net income loss of 4.2 billion won in terms of medical profitability last year, according to a recent report. In a survey of 22 university hospi...

Chong Kun Dang Bio wins patent for human insulin

Chong Kun Dang Bio announced recently that it won from Russia a patent related to a process for manufacturing a efficient human insulin precursor as the industrial scale. Noting that 2.5 billion won was spent for t...

Drug industry less interesting in OTC drug business.

Most of drug companies did not put any full efforts for the marketing development of OTC drugs compared to the prescription drug business in spite of which the OTC drug business might contribute to the business invigo...

Pharmacy to resist ban on free use of disposable bags.

The Ministry of Environment prohibited pharmacies to use any free disposable large bags, for which the pharmacy communities expressed their harsh complaints. Over the government's ban on the disposable envelope an...

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