All Type of News
Probation period prior to drug price review system.
The drug price review system seems to be implemented in Korea for the first time over the world, which will give serious business damages to the domestic drug industries who worried about a massive price slash and the...
KFDA to suspend production of Galamin, etc.
The KFDA said it discovered some defects in Kuhnpoong Pharm's manufacturing facilities for injectables with the mixing problems of foreign materials as a results of its special inspection and called for the competent ...
Shinpoong to activate anti-malaria drug development.
Shinpoong signed an agreement with WHO-MMV at Marriot hotel in Seoul on Oct. 15 for a joint development of Pyronaridine artesunate, an anti-malaria drug. When successfully developed, WHO-MMV will be responsible for th...
Public favors 6 year pharmacy school system.
The consumer, academy and press communities highly praised the 6 year pharmacy school system reinforced with clinical pharmacy education programs in which it might contribute to the people's health and the new drug R&...
Special inspections over KGMP operation urgently required.
The Health and Welfare Committee (HWC) members of the National Assembly, from both of the ruling and the opposing party, criticized that the medication disaster occurred at Baek hospital in Geojae island should be bla...
2,959 pharmacies under tapering charge system
One out of five pharmacies has bee under a tapering treatment/dispensing charge system, according to a health agency.
The tapering treatment/dispensing charge system refer to a system where low treatment/di...
LG Life Science to export Factive technologyLG Life Science said on October 22 that it signed with GeneSoft, an US bioventure firm, a strategic alliance agreement for the marketing of a novel quinolone antibiotic Factive ...
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Wholesaling industry is facing serious threat under reduced margin scope
Business sources say that as domestic and foreign-invested pharmaceutical firms are moving to reduce the margin of wholesalers, many wholesalers are concerned that their reduced margin scope will affect the turnover a...
Economic uneasiness contributes to expansion of domestic anti-anxietic market
Pharmaceutical business sources forecast that the domestic market for anti-anxietic drugs is likely to be further expanded, in the wake of the overall political and economic unrest at home and abroad.
After Korea's...
Drug makers and wholesalers to dispute about credit collection allowances.
The pharmaceutical industry and wholesalers are under a hot dispute about the credit collection allowances. The drug industry widely admitted that the credit allowances should be eliminated in view of blocking any clu...
