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Domestic wholesalers suffers from Zuellig Korea's 5% wholesaler margin

Market observers say that although an agreement was made on the direct transaction between Zuellig Korea-joining pharmaceutical firms and the Korea Drug Wholesalers Association, most pharmaceutical firms are still mak...

KPA to hold a large-scale convention ahead of coming presidential election

The Korea Pharmaceutical Association (KPA) is contemplating to hold a large-scale convention ahead of the December 19 election in a bid to inform its concentrated efforts to the public and renew the purport of a syste...

Biopol to export Mediform to Southeast countries

Biopol, a start-up company, announced on October 21 that it plans to export US$17.5 million worth of closed wet dressing (sponge-type gauze) through its recent agreement with Zhende Co. of China (US$ 10 million) and S...

KPMA suggests drug companies to activate OTC advertising.

As a result of the government's ongoing drug price slashes, the drug industry has faced with serious profit deteriorations. To overcome the difficult situation, the industry has no other choice but to look at an activ...

National Assembly to fund drug distribution information system

The National Assembly plans to support the operation fund of 4.0 billion won to promote the drug distribution information system and the drug distribution reform plan through Helfline will be accelerated, according to...

HIRA put utmost efforts for shortening review times.

The Health Insurance Review Agency (HIRA) tried to shorten the review time for the bills of medical services and medications at pharmacies by means of efficiently relocating manpower and other new ideas. The HIRA s...

Insurance-covered treatment days to be extended in advance

The Ministry of Health and Welfare announced its revised decree on the rules concerning the criteria of health insurance reimbursement on October 24, the salient points of which are as follows: - In the event that ...

Bulk drug imported from Japan recorded top in first half of this year.

Japan was found as the top import source of pharmaceutical bulk materials during the first half of this year Japanese according to the 2002 KFDA statistics. The total bulk materials imported from 57 nations including ...

Health minister vowing to firmly establish a separation system

Minister of health and Welfare Kim Sung-ho said that the public, medical and pharmaceutical circles have benefited from the new system of separating drug dispensing from medical practice (SDP function) and unveiled hi...

4,500 drugs eligible for substitute dispensing

There are 4,500 drugs whose bioequivalence tests can be alternatively verified by physicochemical and comparative dissolution tests and these drugs may contribute to expedite the substitute dispensing, according to th...

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