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429 drugs to be substituted under incentive scheme.
The Health Insurance Review Agency reported on April 9 that 429 drugs were currently available at far cheaper prices and substitutive for physician's prescriptions without physician's prior agreement.
The HIRA repo...
Definite pricing criteria on non-reimbursable drugs urged
Pharmaceutical business sources say that many pharmacists are wondering on how to determine the pricing of some non-reimbursable drugs whose supply prices are higher than insurance prices.
When some non-reimbursabl...
Wages of employed pharmacists plunged to 20~30%
Influenced by the protracted recession of pharmacies in the midst of overall business setback since last year, the recent average wage of pharmacists employed at pharmacies has dived, according to business source.
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Officials take step against SARS
As part of efforts to strengthen precautionary measures against severe acute respiratory syndrome (SARS) amid the rapid spread of the deadly disease, the Ministry of Health and Welfare and the National Institute of He...
Prescription by generic name to be possibly made mandatory from 2006
The Health Ministry said recently that bioequivalence testing will be further stimulated with an aim to ensure earlier introduction of prescription by generic name, possibly in 2006.
Briefing President Roh Moo-hyun...
Special provisions for new drug R&D in urgent needs.
The pharmaceutical industrial community pointed out that a special provision for the new drug R&D should be established as early as possible to strengthen the industrial competitiveness, considering that the new drug ...
Leading wholesalers' turnover up, but net profits down
According to statistics analyzed by Yakup Shinmoon, the majority of leading wholesalers last year witnessed overall fall in their management performance, notably in terms of profitability.
The sales of leading whol...
Toxicology research institute organization to reshuffle.
Chief Commissioner Gil Kwang-sup of the National Institute of Toxicological Research announced on April 7 that the Institute recommended its reorganization project to the KFDA in order to boost the toxicological resea...
Kim Chang-soon named chief of MDP's Health & Welfare CommitteeThe Ministry of Health and Welfare announced on April 8 that 53-year-old Kim Chang-soon, health & welfare officer of the Presidential Secretariat, was transferred to a new chief...
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MOHW to expand the bioequivalence-tested drugs for speedy substitute dispensing
The Ministry of Health and Welfare announced it would draw up a rule to revise the reimbursement price criteria for bioequivalence-tested items, to this effect that the ceiling price of items eligible for bioequivalen...
