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Industrial survival to seek from OTC markets.

The pharmaceutical industry has shifted their core efforts from the ethical drug markets that was surged explosively after the implementation of the medical and pharmacy role separation program (Separation program) no...

Wholesalers' CSO function creates new chapter for business opportunity

The new function of domestic large wholesalers' contract sales organization (CSO) has drawn keen interest in the related pharmaceutical field. With the emergence of some large-size wholesalers (e.g., Baikje Pharm,...

Drug industry keenly interested in health supplements market.

In line with the company sales developing strategy the pharmaceutical industry has paid keen interests in the functional health food supplement market, which will give more opportunities for the pharmacy to revive onc...

Pharmacy profits at clinic-clustered buildings staggering

Although a number of pharmacies in regional areas moved their locations to clinic-crowded buildings in parallel with the implementation of a new system of separating drug dispensing from medical practice, their less m...

Account for returned stocks to be clear within this month.

The account clearance for the return stocks seems to be almost completed by each city and provincial pharmacist associations. The Korea Pharmaceutical Association (KPA) took all reports on the return stocks from c...

Health ministry to push ahead with compulsory issuance for two copies of doctor's prescription

In his reporting to the Health and Welfare Committee of the National Assembly on February 13, Kim Sung-ho, minister of Health and Welfare, said that his ministry will soon prepare the necessary regulations designed to...

Encouraging more substituted dispensing

The KFDA suggested the MOHW to ease the current restricted provisions over the substituted dispensing especially for the drug proven of its bio-equivalency on occasion of their ordinary administration report to the Na...

More clarification on items and standards of physicochemical equivalence testing

Pharmaceutical business sources say that to expedite the substitute drug dispensing via physicochemical equivalence testing of items whose bioequivalence testing is unnecessary or impossible, the Korea Food and Drug A...

Unfair or false insurance claims still rampant, KSIU says

More frequent unfair or false insurance claims by medical institutions totaling 50 cases, or 25.9 million won, included health examination, cataract operation, X-ray and physical treatments, according to recent data r...

6 candidates for KMA president election registered

The president of the KMA will be elected on March 14, and up to now about 6 candidated already applied to run the election. The KMA Election Administration Committee said that as of Feb. 12 6 candidates including D...

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