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KFDA extends internet services more to health registration.
The internet services through i-Min website having applied for all reporting works related with drugs and quasi-drugs since April this year will be gradually extended to the application for the registration process in...
Industrial utmost cooperation necessary for cleanup against rebates problems.
Pharmaceutical Industrial Wholesale Association (PIWA) took a meeting on July 8 to discuss current issues and decided to cooperate with the pharmaceutical industry if the industry tries to keep their prices in the mar...
Concerns rise over government's plan to reduce number of clinic beds
The government's plan to shrink the number of beds in clinic has sparked concerns that the plan has neglected the reality of the medical institutions and would promote the medical society's split, according to a speci...
Many proprietor of pharmacy struggling with financial difficulties
With the implementation of revised National Pension Law, its presidential decree and enforce regulations from this July 1st, aiming to expand the national insurance coverage to corporations and profession work...
Law concerning free economic zone should be scrapped
The government's plan to establish a free economic zone is expected to have little economic benefit and its envisaged permission of foreign medical institutions in that area and this will open Koera's medical sector t...
Pharmaceutical Logistic Association to stay for the time being.
The Pharmaceutical Logistic Association (Association) decided not to liquidate but to keep it for the time being in the directorate meeting on July 8 in line with their cooperation to the government's distribution ref...
New medical technology review organization to set up.
The MOHW is going to establish an organization for the new medical technology review along with the legislation of the related provisions to review its safety and efficacy, temporarily called "Authorizing standards fo...
Foreign-invested pharmaceutical firms account for 18.2% of drug output
Stimulated by the ongoing system of separating drug dispensing from medical practice, multinational pharmaceutical firms in Korea have continuously witnessed their brisk production activities which may affect ...
Domestic pharmaceutical firms rushing to overseas markets
Korea's leading pharmaceutical firms are rushing to foreign markets in an effort to avoid more cut-throat competition in the already saturated domestic market and expand their positions in the global market via set-up...
Drug wholesalers grapping with financial hardships
Amid the protracted slump in the domestic pharmaceutical market, it is rumored that a number of wholesalers will go bankrupt as their financial situation has become worsened due to more intensified competition.
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