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Number of pharmacies up 147 this year

The Health Insurance Review Agency says a total of pharmacies accounted for 18,354 at the end of last April, up 147 from December 2001 Of the medical institutions, tertiary hospitals accounted for 43, general hospi...

Increasing number of foreign firms to establish their production bases in Southeast Asia

Pharmaceutical industry sources says that the domestic deindustralization of drug production and unemployment issues will be inevitably on the rise, due to the recent trend that increasing number of foreign invested p...

Government's drug distribution policy to enforce as planned.

The MOHW reconfirmed to enforce the drug distribution policy as planned as the policy had a lot of merits by the fact that the National Assembly undertook its revision of the NHI act for the abolishment of the direct ...

Domestic major pharmaceutical firms favors strategic partnership with promising venture

The Korea Drug Research Association (KDRA) says that its15-day survey conducted on last month disclosed that 97 percent of its 28 members polled said they would agree with the necessity of outsourcing for their R&D ne...

MSD to cut drug wholesale price margins.

MSD Korea notified their adjustment of the drug wholesale margins downward, and the wholesalers are expressing a deep frustration in shaky mood. According to the wholesale industry, MSD Korea recently circulated th...

Two medical institutions plunged into all-out war

The Korean Medical Association (KMA), which has continuously claimed to review or waive the current system of separating drug dispensing from medical practice (SDP function), have staged an all-out war against the Kor...

Pharmaceutical firms fared well in 2001

The combined turnover of the 30 major pharmaceutical firms in 2001 marked the average growth rate of 15.4 percent from 2000, according to a survey of 2001 performance records of domestic pharmaceutical firms conducted...

Mounting discontents of some foreign firms over the insurance price re-assessment

The Ministry of Health and Welfare says that some pioneer drugs of foreign invested firms, which are intended to be re-listed as insurance drugs by switching their local production into importation, will be subjected ...

GMP certificates required when importing bulk pharmaceuticals.

Effective from July 1 the BGMP certificates are required when any bulk pharmaceuticals are imported from overseas. The certificate shall be issued by the relevant bulk supplier government or their public organizations...

National examination period for B hepatitis vaccines requested to shorten.

Under the attendance of the fine chemical related organizations and industries, the brief talk meeting in the fine chemical field took place at the Ministry of Industry and Energy on May 21. In the meeting they asked ...

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