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Drug industry to perceive production necessity for smaller package sizes.

Most of drug companies are revoicing their production necessity for smaller package size drugs realizing the fact that the drug dividing works at wholesalers would never make any sufficient relief for their cost-beari...

Per capita revenue of pharmaceutical firms outlined

According to data compiled by Yakup shinmoon, the average turnover of 27 listed local pharmaceutical firms in 2002 accounted for 3.188 trillion won with the average per capita revenue of 198 million won, and...

Establishment of pharmacy at the same story is not permitted in the presence of oriental clinic

In response to a recent query of a civilian that he/she can establish a pharmacy in a multi-story building where clinics (pediatric/ENT departments) and an oriental clinic are simultaneously making their medical pract...

Animal drugs market emerging as lucrative business sector

The sagging domestic pharmacy market for animal drugs is likely to heat up as a number of companies involved in animal drugs and pet dog items plan to expand their presence as one of new profitable pharmacy items. ...

Pharmaceutical stock price index rises continuously

The pharmaceutical stock price index grew an estimated 11 percent in May, marking the five-month consecutive increase compared with nine percent of the Korea Stock Exchange Composite Price Index, according to data of ...

Profit structure to improve through product portfolio strategy.

For the business profitability improvement the pharmaceutical industry tried to adopt a product portfolio strategy and to transform their organizations into so called "Team" centered management system. The industry...

Hospital-oriented wholesaling business hit snag

Influenced by the aggravating management enviroment of medium-sized hospitals these day, a number of hospital-oriented wholesalers are in a financial crunch, according to business sources. The sources said that alt...

KPA to place public campaign for OTC drug use.

"Let's correctly know about OTC drugs" is the headline of the campaign for the Korea Pharmaceutical Association to put for the appropriate OTC drug uses. The KPA's Pharmacy Guidance Council announced that the camp...

KFDA dedicated new GLP laboratory

The Korea Food and Drug Administration said it has newly completed within its area a globally recognized GLP (Good Laboratory Practice) laboratory, which covers a total area of 1,200 pyung with one story underground a...

SNU hospital likely to take a bidding again.

Seoul National Univ. hospital seems to take a public tender again because as of June 9 most of wholesalers except a few may fail to supply whole items that were supposed to complete by deadline date of June 10. Alt...

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