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Third party manufacturing expected to be brisk.
To boost the bio-equivalent test the KFDA provided special incentives to the pharmaceutical company with an exemption of the bio-equivalent test requirements when the company produces the duplicate product for a third...
Number of pharmacies shows annual decreasing trend
Influenced by the sluggish sales in the pharmacy sector after implementation of a new system of separating drug dispensing from medical practice, the number of pharmacies has been decreasing by 1,200 year-on-yea...
Prescriptions for health supplement foods embarrassing pharmacies.
It was found that some of medical practitioners were prescribing even health supplement foods, which gave a lot of embarrassments to the pharmacy communities.
Recently a pharmacy located in Seongbuk-ku, Seoul rec...
Comprehensive draft for pharmacist's job description to be formulatedThe Korean Council for Pharmacy College Education said on May 23 that there was a full agreement on the job description of a state-run pharmacy qualification examination committ...
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Domestic pharmaceutical firms urged to introduce special team system for specific therapeutic groups
Pharmaceutical business say that for their better competitiveness local pharmaceutical makers should positively brace for introducing a special team to promote a certain therapeutic category, as the majority of foreig...
Health registration for biological preparations quick examined.
The biological and bio-engineering drugs seems to be fast commercialized by the separate registration and examination provision now the government is strongly driven.
The KFDA will encourage for the biological and ...
Industry to seek niche markets with new natural crude drugs.
The Korea pharmaceutical industry understood that the new natural crude drug would be the most ideal item to explore a way of their survivals as a niche market which could be compatible instead of confrontation with t...
Jinyang Pharm's anti-SARS therapy is spotlighted in Southeast markets
As the outbreak of severe acute respiratory syndrome is hitting the Southeast regions, Jinyang Pharm's combination therapy of ribavirin plus steroid preparations there has been popular in the treatment of SARS and hep...
Baekje Pharm to launch nationwide logistics networkBaekje Pharm, the largest domestic wholesaler, is schedule to open its 14th branch office at Yangsan of Pusan on May 28th, followed by the previous opening of another branch off...
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Medical institutions still rely on high-priced drugs
Medical institution's current practice in favor of high-priced drugs has been still rampant and use of antibiotics in the treatment of mild diseases such as common cold is on the contrary increasing, a sur...
