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Pharmacy market in troubles with OTC drug price rise.

The retail pharmacy communities encountered a lot of business difficulties caused by the ever rising trends of the reputed OTC drug prises for common cold and pain relief. Recently many drug companies including "D"...

Discriminate additional charge rate system to help neighbour pharmacies.

It is very likely for the dispensing charges and other 4 NHI payments for the pharmacy where dispense only less than 40 prescriptions a day to apply so called discriminate additional charge rate system. To reinvigo...

Bioequivalence tests getting stimulated

The Korea Food and Drug Administration said that average 10 items are under bioequivalence tests during this month and frequent enquires on these tests are being made from drug manufacturing firms, which is stimulated...

KFDA to extend scope of pharmaceutical administrative official's jobs.

The KFDA will extend the scope of pharmaceutical administrative official jobs. The Central Human Resources Council recently circulated guidances to all relevant government authorities for the government's personne...

Pharmacy now in great needs of top seller OTC drugs.

After the implementation of the medical and pharmacy role separation program the top seller OTC drugs were no longer available in the pharmacy markets. Although the OTC drug business attracts keen interests these d...

Prices of 526 items to be reduced from this April

The Ministry of Health and Welfare said that through its ex post facto price management, reimbursement prices of 526 items from 113 firms would be reduced from this April 1st by average 2.72 percent. According to ...

Domestic wholesaling industry suffers scare field forces

Business sources say that some leading domestic wholesalers are recently struggling with the recruitment of new salespersons and this scarce manpower prevailing in the domestic wholesaling industry may chiefly be asso...

KDWA calls for better dialogue

The Korea Drug Wholesalers Association believes that dialogue with Seoul National University Hospital might go some way towards the resolving the deadlock over the impending issue. The KDWA held its board of direct...

BIT center to set up at Ahnyang city.

About 8,000 pyong (pyong: 36 sq.ft) space of the BIT (Bio Information Technology) center will be constructed in Ahnyang city. In the wake of the government's control policy over the metropolitan area development an...

NHI payment for cardiovascular drugs on the top rank.

The NHI payment trend of medications in 2002 surveyed by the Health Insurance Review Agency (HIRA) reported that the payment rates for the medications and the dispensing charges out of the total NHI reimbursement reco...

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