All Type of News
Last year’s No. of pharmacies was 21,461 places
Last year, there were 21,461 pharmacies in Korea and Seoul was the only area where the number decreased among the total 17 cities and provinces.
According to the Health Insurance Review & Assessment Service, the numb...
149 pharmaceutical products approved on January, 44 of them were OTC
There were 149 newly-approved pharmaceutical products last January and 44 of them were OTC drugs.
According to the Ministry of Food and Drug Safety, 149 pharmaceutical products of 71 pharmaceutical companies acquired...
Veterinary drug market expected to energize, “Veterinarian associations should have open-minded attitude”
A pharmaceutical company which supplied its heartworm preventive medicines for cats and dogs only to animal hospitals to keep the price high was imposed a correction order from the Fair Trade Commission(FTC), which ra...
Medical, pharmaceutical civic organizations participates in Korean Medicine Revising Campaign
The pharmaceutical distribution industry has attracted attention as deciding to start the Korean Medicine Reviving Campaign Headquarters participated by the medical field, pharmaceutical industry and non-governmental ...
Pharmaceutical distribution association plans to stabilize drug bidding market
In order to respond to changes in policy and pharmaceutical distribution companies’ abandonment of supply at the last year’s bidding for national hospitals, pharmaceutical distribution companies gathered.
The Korea ...
KPIS forms joint organization to improve pharmaceutical distribution system
The Health Insurance Review and Assessment Service’s Korea Pharmaceutical Information Service Center(KPIS) was known to work on pharmaceutical associations and medical institutes relevant to the Medicine Serial Number...
What are issues related to General Narcotics Management System?
The association has strongly opposed to the General Narcotics Management System that the Ministry of Food and Drug Safety(MFDS) push forward with.
Under the ‘Narcotics Management Law’ revised on May 2015, hospitals, ...
Will all ‘Big 5’ pharmaceutical companies join in ‘KRW 1 Trillion Sales Club’ this year?
The industry has paid attention to how many pharmaceutical companies will exceed KRW 1 trillion sales this year.
After Yuhan Corporation exceeded KRW 1 trillion sales for the first time as a pharmaceutical company in...
Ignorance lets Tylenol be recommended for headache after alcohol consumption
The Korean Pharmaceutical Association(President Chan-Hwi Cho) announced on the 25th how well stores selling emergency household products follow the relevant regulation.
According to the announcement, 215 of the 300 s...
Hanmi accepts USD 80 million upfront payment for technology transfer from Genentech
On the 25th of January, Hanmi Pharm made a notice that the company has accepted the USD 80 million upfront payment for the 2016’s technology transfer to Genentech and separate the amount into 30 months for the account...
