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KFDA to realign provisions for substituted dispensing.

The KFDA is going to revise the provisions related with the substituted dispensing. Dr. Shim Chang-koo, the KFDA Commissioner, made an order to review the related provisions pertaining to the substituted dispensing...

349 items to benefit from new health insurance

The Ministry of Health and Welfare announce on March 15 that 349 items from 112 pharmaceutical firms, including Dongwha Pharm's Asecron tab. and Sam-A Pharm's dental drug, will be newly eligible for health insurance f...

Dr. Kim Jae-jung to be elected KMA head.

Dr. Kim Jae-jung has been elected the President of KMA, who took 5,378 votes (38.5% supports) out of the total 14,346 on Mar. 14, He was graduated from Korea Univ. college of medicine and now 62 years old. The tot...

Wholesalers' drug distribution cooperative to go into liquidation soon

The Korea Pharmaceutical Manufacturers Association will soon hold its board of directors meeting in a bid to liquidate the wholesalers' drug distribution cooperative, in that its investors regard its liquidation as an...

Listed firms' sales up 12 percent in 2002

The 22 pharmaceutical listed firms Green Cross, Chong Kun Dang, Chong Kun Dang Bio, LG Lifescience are excluded whose fiscal year corresponds with the calendar year showed that their sales and operating profits in 200...

KDRA to withdraw discontinuation of government's R&D new drug assistance program

The Korea Drug Research Association presented to the Ministry of Health and Welfare a written petition related to the outstanding five industry recommendations on March 12, requesting that the ministry withdraw its po...

KPA to move campaign for prescriptions in generic names.

The Korea Pharmaceutical Association is going to move an aggressive campaign and publicity activities toward the people for legalizing the prescriptions written in generic drug names. The KPA's Policy Planning Team...

BMS Korea agreed with Zuellig for wholesale distribution.

BMS Korea agreed with Zuellig on Mar. 26 to transfer their products supplied to hospitals by Zuellig's associated wholesalers. However, BMS Korea will keep selling the products supplied to hospitals by other wholesale...

Health ministry to gear up inspection of frequently prescribed irregular insurance drugs

The Ministry of Health and Welfare announced on March 12 that health insurance prices of about 600 items would be reduced from April 1, adding that it plans to probe insurance drugs subjected to a new actually transac...

Reclassification process between prescription drugs and OTCs urged

Pharmaceutical business sources say that the government should promote a system of switching some ethical drugs into OTCs (over-the-counter drugs) in a bid to ensure better finance stability of National Health Insuran...

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