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Pharmacy most ideal to locate near pediatric clinics.
The location near pediatric clinics becomes the most attractive site for retail pharmacies to make a favorable business success, considering relatively low medication expenses and a high frequency call of pediatric pa...
Collaboration of drug trade between China and Korea to be strengthened
The Korean Pharmaceutical Trader Association (KPTA) announced it will establish a working committee between China and Korea at the end of this month to further collaborate the mutual trade in the pharmaceutical sector...
Promotion strategy for doctors draws varying reactions
Pharmaceutical Industry sources says that some tuning for the promotional methods of doctors are needed to harmonize varying views shared by both pharmaceutical organizations, the Korean Pharmaceutical Manufacturers A...
OTC wholesaling in jeopardy due to heavy under-table money
Influenced by the fierce competition in the domestic OTC market, the OTC wholesaling business has suffered serious setbacks amidst the prevailing trends of under-the-table transaction with pharmacies, even via cash of...
Cosmetic company looking for retail pharmacy markets.
A growing number of cosmetic companies are turning their business interests to retail pharmacy markets in association with pharmaceutical companies or by setting up their own pharmaceutical divisions.
Their enthusi...
One in 4 pharmacies daily fills 30 prescriptions or less.
The KPhA reported that based on the data provided by the HIRA covering the number of pharmacy prescription filling during the first and second half of 2001 as of the 25th every month, 1 in 4 pharmacies filled less tha...
Bullish drug business probable in the second half of this year
Korea's drug business is likely to be bullish in the second of this year, according to various reports released by some securities and bank analysts, while they worried the domestic cut-throat competition may results ...
KFDA to delay the submission of BGMP certificate for imported pharmaceutical bulks
The Korea Food and Drug Administration (KFDA) said it will delay the submission of BGMP certificate for imported pharmaceutical bulks until December 2002 by extending a 6-month grace period.
The KFDA said that if a...
KPMA to scrutinize protective items not to exit
As a result of government cut rate pricing policy some necessary drugs had to exit from the market, causing a whopping difficulty in smooth drug supply, and therefore the KPMA already took investigation for such item ...
NHI to pay for monthly pharmacy bill at 1,570 thousand won.
The average monthly NHI payment for each pharmacy was found to about 1,570,000 won and the same payment for medical bills rose up, showing the treatment of essential hypertension being at the top in number of bills.
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