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KFDA mulls reciprocal recognition of GMP internationally.

As a mid and long term development project over the safety administration of foods and drugs the KFDA is trying to put the KGMP standard up to the world advanced level by adopting reciprocal recognition of the GMP in ...

Medical Representatives playing key role in marketing success.

The pharmaceutical industry paid keen interests to the education and training program for the medical representatives (MR) for the improvement of their professional salesmanship and self-confidences. The industry admi...

Increasing number of small-sized drug wholesalers triggering concerns

The Korea Drug Wholesalers Association recently urged the government to take tougher action against the increasing trend of newly established small-sized individual wholesalers, as the current number stands at 1,200 a...

Lee Hee-yeol named general manager of BMS Oceania

Bristol-Myers Squibb Company, a renowned New Jersey based multinational firm, has recently announced that it promoted Lee Hee-yeol, president of BMS Korea, to general manager of BMS Oceania covering Australia and New ...

Pharmaceutical stock price index showing four-month consecutive rallies

Influenced by the jitters over severe acute respiratory syndrome (SARS), the pharmaceutical stock price index on April showed an average increase of 14.9 percent, led by SARS-related shares, over the main bourse index...

Government to expand balanced health insurance finance

Vowing to set the basic format of a "participatory government" social welfare system, Minister of Health and Welfare Kim Hwa-joong said on May 7 that the expansion and better finance in the welfare sector critically r...

KPA to launch publicity campaign over substituted dispensing.

The Korea Pharmaceutical Association (KPA) is going to launch a publicity campaign toward the public over the necessity and indisputability for the substituted dispensing practices at pharmacies. The KPA's Policy P...

Medical bill cut never solving NHI financial problems.

President Kim Jae-jeong of the KMA met with Mr. Park Chong-woong, the chief commissioner of the National Assembly Health and Welfare Committee on May 6 and conveyed the complaints of medical communities over the gover...

Daewoong Pharm adopts cafeteria-style welfare system

Daewoong pharm has recently introduced cafeteria-style welfare system based on an enterprise resource planning (ERP) system for the first time in the domestic pharmaceutical industry. The cafeteria-style welfare sy...

KFDA to scrutinize drug bar code system

The Korea Food and Drug Administration said it will strengthen its inspection measures to stamp out any violation acts involved in the drug bar code indication system due to little recognition from the industry concer...

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