News About: Pharm. Affairs


For the past 5 months, 759 and 1,026 pharmacies have been closed and opened respectively

It was reported that about 1,026 pharmacies were newly opened, and 759 pharmacies were shut down across the nation this year. According to the medical institute status analyzed by the Health Insurance Review and Asse...

“It is time to get over with the idea of losing mine through open innovation”

While ‘Open Innovation’ has been settled in the pharmaceutical industry, it was suggested Korean pharmaceutical companies should approach this trend more globally over ‘selfish’ open innovation. Research Head Tae-You...

KPA requests revocation of registration on 24/7 convenient stores selling drugs

The Korea Pharmaceutical Association(President Chan-Whi Cho, KPA) requested local governments to immediately revoke registration on convenient stores which do not sell drugs for 24/7 even though they are registered to...

“Medical association must stop making excuses with the Valsartan case”

As the Korean Medical Association uses the Valsartan case as a reason to oppose to introduction of the international proprietary names, the Korean Pharmaceutical Association criticized that the medical association was...

Pharma industry highly concerns about conflicts between medical and pharmaceutical associations over ‘Valsartan’

The pharmaceutical industry has shown high interests in recruiting the chairman of the Korea Pharmaceutical and Bio-Pharma Manufacturers Association(KPBMA). In the circumstance where the antihypertensive ‘Valsartan’ ...

‘Lacked qualification & frequent quit’ cause manpower insufficiency in biopharmaceutical field

Compared to the increase of demands for human resources in the biopharmaceutical field, companies are experiencing relative difficulties in recruiting employees in the actual field. Life-Based Project Center Director...

Plans for 'Korea Industrial Pharmacists Association'

In order to establish status and expand roles of pharmacists in the pharmaceutical industry, a discussion was held to found the ‘Korea Industrial Pharmacists Association(tentative name).’ The new association will be i...

15,949 students applies for 2019 Pharmacy Education Eligibility Test(PEET)

The Korean Association of Pharmacy Education(President Kyu-Hyuck Chung, KAPE) revealed the application status of the 2019 Pharmacy Education Eligibility Test(PEET) which will be taken on 19 August. The 2019 PEET appl...

7 new drugs approved in 1st half of the year

In the first half of the year, 7 new drugs including CJ HealthCare’s antiemetic ‘Akingio Cap’ reportedly acquired approval. The Ministry of Food and Drug Safety(MFDS) announced on the 3rd that they approved total 7 n...

Last year, amount of medicinal drugs imported and exported reaches to KRW 10 billion

The Korea’s amount of medicinal drugs imported and exported was USD 9.61 billion, close to KRW 10 billion, increased by 11.6% year-on-year. According to the Korea Health Industry Development Institute’s analysis resu...

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