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Discontent is growing over new drug pricing re-evaluation system

The government's projected enforcement over the new drug pricing re-evaluation system has overshadowed the domestic pharmaceutical industry with no some proper countermeasures foreseeable, while raising their mounting...

More supply of small packages drugs required in pharmacy markets.

Many retail pharmacies are now experiencing a lot of difficulties in the return of unused or opened stocks by Sept. 30, implying that more supply of small packaged drugs was supposedly needed in order to avoid such pr...

Imported food grade herbs misused as medicines.

Any imported food grade herbs to be misused as a medicine have been inspected by the government but widely prevailed in the market so serious that in one way or the other it should be treated at the level of the jurid...

Shortage of pharmacists in public health centers getting worse.

The pharmacist manpower requirement for the public health center stood far behind from its supply across the nation, filling merely 77% of its legally prescribed number of seats according to the inspection d...

Cost-saving effects in drug charges outlined

The government's administrative measures to exclude some OTCs including digestives from the list of insurance-covered drugs proven to have subsequent cost-saving effect in drug charges, a report said recently. The ...

Credit collection discounts falling under cause of price reduction.

Under the bottom limit transaction price system effective from Sept. 1 the MOHW officially interpreted that any credit collection discounts usually provided by the drug makers to their customers in the past when earli...

Mandatory enforcement of bioequivalence tests from 2004 eyed

The government plans to implement the bioequivalence tests on a mandatory basis and provide diverse incentives on the drugs whose bioequivalence tests are to be completed. During the recent parliamentary inspectio...

Effective advance of domestic pharmaceutical firms to Chinese market reviewed

The Korea Drug Research Association (KDRA) said that the domestic pharmaceutical firms should seek the Chinese government's assistance for their effective advancement into the Chinese market In the recent KDRA-spon...

M&A and logistic rationalization cause wholesale industry reformed.

It is well understood that the drug wholesale industry could achieve its high competitiveness only by means of the M&A among wholesalers and the enlargement of their structures through the logistic rationalization. ...

Notice to our readers

Due to Ch'usok, the Korean (version of) Thanksgiving Day English Yakup Daily will not publish September 20(Friday). We resume publication on September 23(Monday), 2002. - management-

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