All Type of News
Questions arise over reference pricing system
Although the government reiterated the reference pricing system (RPS) will prevent the abuse of high-priced drugs and bring about a reduction in insurance cost, the pharmaceutical firms and civil groups oppose the pla...
BAI filed corrections during MOHW's audit inspection
In its 2001 audit inspection on the Ministry of Health and Welfare and its affiliated agencies, the Board of Audit and Inspection (BAI) said that a total of 79 cases were discovered for due administrative dispositions...
10 percent reduction on admission quota of medical resources triggers dispute
The recent controversy over 10 percent reduction on the admission quota of medical resources have flared up between the Ministry of Education and Human Resources Development and medical circle, and this has baffled ex...
KPA requested Pfizer to explain tablet blended mishaps.
The KPA criticized Pfizer over the administrative warning penalty charged to the pharmacist who first found the mishap Cofrel and Cardura tablets intermixed in the same bottle and decided to blame Pfizer through the p...
Status of pharmaceutical industry
Status
1. Number of manufacturers
Class
All manufacturers1)(561)
KPMA member company2)(226)
GMP company2)(241)
Finished drugs
212
178
205
Bulk drugs
235
61
57
Quasi...
Implementation of minimum drug pricing system slated for coming September
Drug re-evaluation system will be regularly implemented every three years and the reimbursement calculation criteria for insurance drug prices will be also changed from the existing weighed average pricing calculation...
KFDA to foster Korea's infrastructure for the development of new drugs
The toxicological test data, which will be completed at the end of this year, can be acknowledged regardless of their submission period and their application next year may be allowed, if deemed feasible under review, ...
Pharmaceutical sales promotion no longer trended through conference sponsorship.
On the way back from the visit to the United States following the same to Japan recently, the KPMA Survey Team acknowledged that the conference sponsorship for physicians by pharmaceutical industries was showing a res...
Large-sized drug distribution network launched
Gioyoung, a mammoth holding company intended for drug distribution network nationwide with 11 regional wholesalers as new shareholders, held a signing ceremony on August 20 and commenced its drug distribution operatio...
BMS Korea to expand more business tie-up with local partners.
While most of foreign multinational drug corporations recalled their product licences from the domestic business partners, BMS Korea is rather expanding more business tie-ups with domestic partners.
BMS Korea made ...
