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Reduction of pharmacy's credit card ratio eyed

The MOHW says that Kookmincard will reduce its member commission rate from this May at the latest. According to its announcement, the current commission rate of hospitals is scheduled to be reduced by 0.25 percentage ...

MOHW is still in dilemma to implement the controversial referential pricing system

Informed sources that the Ministry of Health and Welfare (MOHUW) has yet to decide the enforcement date of the referential pricing system designed to discourage the prescription of high-priced drugs, due to the effect...

Fostering plans for medical institution over hospital level

The MOHW plans to establish mid and long-term consolidated fostering programs for the medical institutions of over hospital level by setting new functions and developing directions. To this end the MOHW is going to...

Aggravating pharmacy management influenced by a shorter treatment days

Pharmaceutical business sources say that many doctors are inclined to avoid their issuances of long-term prescription due to the restrictive measures of treatment days from the National Health Insurance Corporation (N...

Uprima of Abbott found to be safe in patients with cardiac disorder

In the recent forum in Hong Kong, the data of 500 doctors from several countries of Pacific-rim countries, Asia and Africa demonstrated that Uprima of Abbbott had a better tolerability in patients with impotence takin...

Wholesale community to launch Distribution Reform Commission

The Korea Pharmaceutical Wholesale Association (KPhWA) put an aggressive action for the distribution reform program including the elimination of the commission rates of credit collection through the Drug Distribution ...

Substituted dispensing permitted for proven drug of its equivalent efficacy.

In the region where the regional medical association did not submit the common prescription drug list, the pharmacist is granted to do substituted dispensing without physician's agreement as far as the subst...

Incentives for physician's prescriptions in generic name.

While the MOHW is on the way of legislating the physician's prescription written in generic names, the KPhA is now suggesting an incentive plan for physicians when prescribing in generic names in order to minimize a p...

Strategic alliances with foreign drug distributors preferred by domestic firms

Stimulated by the domestic pharmacy market to foreign competition in the latter half of 2003, the domestic drug wholesalers and pharmacy chain distributors plan to establish their strategic alliance with the foreign c...

Establishment of Natural Drug Association eyed

In the recent meeting among the manufacturers for herbs and oriental medicines including Jungwoo Pharm, Kwangdong Pharm, Hanpoong Pharm, Hankook Pharm, Far-East Pharm, Kiwha Pharm, Daewoong Pharm, Samick Pharm, Iksu P...

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