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U.S. called for withdrawal of reference price system.
In the 3rd trade meeting between the U. S. and Korea from Aug. 7 to 8 in Seoul the American side requested for the implementation of the reference price system to withdraw in fear that the new system might cause a dra...
Five-day workweek system expected to bring about much changes in drug distribution
Amid the growing expansion of the five-day workweek in all industry sectors, many domestic pharmaceutical firms plan to introduce the five-day workweek, heralding great changes in the domestic drug distribution.
Bu...
Domestic brands of drugs urgently needed.
94% of drug brands currently registered in the patent office have been found with foreign trademarks that were already set up under the use licence.
The patent office recently reported on Aug. 7 the current status...
Cancerous dioxin found in bamboo salt
Excess amounts of cancerous dioxin have been discovered in heat-treated salts, including bamboo-salt salts and roasted salts which are being widely distributed in market, the Korea Food and Drug Administration said re...
10% down on medical school entrance quota next year.
The Medical System Development Commission affiliated to the President took the 2nd meeting at the grand conference room of the Korea Medical and Social Research Institute on Aug. 8 and discussed the entrance quota for...
"Jio-young" actively on wholesale business through 11 regional drug wholesalers.
Jio-young company (Joint representatives: Chang Won-duk and Cho Sun-hae), a drug distribution company having a nation-wide on and off-networks with 11.6 billion won of capital equity announced on Aug. 8 that to cope w...
Court's injunction rulings on suspension of July 1 government notice to be decided within this week
Amid the postponement of a court's ruling on the injunction filed by five pharmaceutical firms demanding the suspension of the July 1 notice associated with reduced prices of insurance drugs, business sources say that...
Extended atmosphere to abide by fair trade code is emerging in domestic pharmaceutical industry
Influenced by a package of the government's successive drug-related policies design to curtail the drug charges, including the minimum drug pricing system based on ex post facto management, there is a consensus in the...
KPA to launch its self-cleansing campaign
Recently, the Korea Pharmaceutical Association (KPA) is stepping up its own voluntary surveillance campaign in a bid to eradicate some pharmacies involved in their illegal establishment or collusion acts with specific...
Establishment of pharmacy is permissible by separation of pharmacy facilities
Recently, the Ministry of Health and Welfare replied to a civil petition that within a same building, a drug sale/guidance room in the first floor and a dispensing room in the second or third floor may be separately e...
