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Medical community in conflict with duplicate issuance of prescriptions.
In return for the pharmacists to obligate keeping the dispensing records the physicians agreed to issue a duplicate prescription, but this issue raised a big conflicted problem to the KMA and the Korea Medical Practit...
Pharmaceutical makers' total technical export revenue hovers at $500 million
Domestic pharmaceutical firms' total technical export volume amounted to about $470 million as of the end of 2002, the Korea Drug Research Association said recently.
According to tallies by the association,...
Drug wholesalers having optimistic view on bankruptcy of Goshin Medical Center
Drug wholesalers in Pusan said on May 20 that Goshin Medical Center in insolvency fulfilled its overdue payment in cash (about 50 percent) to drug suppliers, while pledging to pay the remaining amounts in cash in a pe...
Industry trying to overcome business slump with total healthcare.
The pharmaceutical industry realized that they could never make their sales increases nor escape from the current prevailing business slump unless so called total healthcare business with functional foods and cosmetic...
New measures studied to boost substitute drug dispensing
A set of new measures that would greatly expand the basis for substitute drug dispensing via compulsory verification of efficacy equivalence on drugs whose bioequivalence testing is exempted and/or unnecessary, the Ko...
Big pricing gaps among pharmacies seen in frequently sold OTCs
There are three-fold pricing differences in frequently sold OTC products among pharmacies and this may cause the people's mistrust on drug prices, said a government agency.
According to a report released by the Kyu...
Drug wholesalers aggressively to stand against Zuellig.
The drug wholesales are going to take an aggressive attitude in coping with the problems raised by Zuellig, an international drug wholesale company in Korea.
The wholesale community has claimed unfair business poli...
Cialis sales in Europe on the steep rise.Elli Lilly launched Cialis, a new anti-impotence drug, to the European market in Feb. this year with so favorable response that the already preoccupied markets with Viagra seeme...
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Patent disputes on functional health foods are likely flared up
With the impending implementation of Functional Health Foods Law in this August, the Korean Intellectual Property Office has feared that patent disputes will be increasingly kindled between bioventure firms and large-...
Net profits during first quarter this year plunged.
Most of listed pharmaceutical companies reported net profit declines during the first quarter of this year.
According to the Yakup Press data, 20 listed drug companies sold 660.9 billion won of their sales during t...
