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Ex post facto drug management system is ineffective under new drug plan
Pharmaceutical business sources say that if a new drug price re-evaluation system is firmly established next year, the existing ex post facto drug management system, which has been regularly implemented four times a y...
Efficacy equivalent test on Tiropramide recorded top.
357 drugs with 72 different ingredients have completed their drug efficacy equivalent tests, and the product containing tiropramide Hcl recorded the top with 20 different brands.
The KFDA reported that as of Nov. 1...
Formation of pharmaceutical B2B consortium completed
The Korea Pharmaceutical Traders Association (KPTA) has recently said it formed a pharmaceutical B2B (e-trade) consortium in a bid to enhance the competitiveness of the domestic pharmaceutical industry through IT netw...
NHI prices of 2,732 drugs slashed by 7.2% on average.
The drug price review system having adopted this year has made a price cut-off effect by 7.2% on average for 2,732 NHI drugs.
The MOHW announced on Nov. 18 that the prices of 2,732 NHI drugs, 22.4% of the total 12...
Pharmaceutical business slowdown forecast to deepen next year
The pharmaceutical business slowdown is expected to further accelerate next year, as the profitability of listed pharmaceutical firms are rapidly aggravated since latter half of this year due to the sluggish growth.
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National projects for antibiotic resistance controls to step in.
The KFDA plans to launch a national project for the antibiotic resistance and its safety controls (hereinafter called "Project") from 2003 in close association with the Ministry of Agriculture, the Ministry of Maritim...
Credit card payment permitted for patients of rare diseases.
The KFDA plans to implement a credit card payment system for patients who are suffering from rare diseases in view of relieving patient's physical and financial pains.
Some patients of rare diseases have visited t...
Prescription oriented pharmacies to explore OTC drug business.
The pharmacies where located near general hospitals and therefore the business was largely relied on physician's prescriptions have turned their eyes on OTC drugs to explore their management rationalization.
The M...
Negotiation on 2003 medical treatment/dispensing charges broken off
Business sources say that the National Health Insurance Corporation (NHIC) and medical/pharmaceutical circles held a meeting on November 15th on the medical treatment/dispensing charges (hospitalization fee, doctor's ...
Called for revision of irrational procedures on medical treatment/dispensing charges agreement
The Medical Reimbursement Consultative Council (MRCC) composed of eight medical and pharmaceutical organizations said that the government needs to immediately revise the irrational legal regulations involved in the me...
