All Type of News
Medical/pharmacy/government council to oppose.
The Korea Pharmaceutical Association (KPA) announced to oppose against the formation of the Medical, Pharmacy and Government Council as reported by Kyeonghyang daily news on Jan. 15 and also claimed that the report on...
Multinational firms rapidly expanding domestic share
Business sources say that amid the government's sustained drug-related policies in favor of drug price reduction and Korean doctors' preference on high-priced original drugs, the increasing market share of multination...
KFDA unveiled 2003 quality control policies
The Korea Food and Drug Administration (KFDA) announced its 2003 quality control policies of drugs, etc. designed to maximize the rationality and effectiveness of quality control business via collection based testing ...
Milage incentive program at pharmacy is unlawful.
So called milage system, a sort of incentive plan, attempting by pharmacies for alluring customers has been officially interpreted it illegal.
Under the patronage management program, some pharmacies are providing a...
Conflicts on profit margins between wholesalers and retailers surfaced
The drug wholesale and retail communities are in disputes on the issue over their back margins and the wholesaler's stock sales in a divided package, all irregular trade acts, showing a feature of the wholesaler's sid...
Scouting of wholesaling salespersons being debated
The recent controversy over the reckless scouting of salespersons between drug wholesalers was rekindled, according to the sources.
A newly established wholesaling firm, which suffered his/her insolvency amounting ...
MOHW aimed at participatory welfare and improvement of quality life.
In the meeting with the Presidential Transition Commission (Commission) the MOHW reported that Mr. Roh's pledges committed during his recent presidential election campaign should be solidified by utmost possible effo...
Major pharmaceutical firms' 2003 R&D strategies outlined
17 major pharmaceutical firms (excluding Dong-A, Choong-wae, Daewoong and Korea Green Cross) plans to concentrate their R&D efforts on the development of new antineoplastic agents using more advanced biotechno...
Wholesaling industry should safeguard its own viability
There are many voices in the wholesaling industry that its future viability should depend on better financial stability via enhanced image of the Korea Drug Wholesalers Association.
Business sources say that ther...
Establishment of guideline concerning residual solvent criteria of drugs eyed
The Food and Drug Administration (KFDA) announced it has drafted a new guideline concerning the residual solvent criteria of drugs that sets out the types of solvent, its restricted concentration and analytical method...
