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Unnecessary spending of insurance finance following issuance of one copy of prescription

The Korean Pharmaceutical Association (KPA) and some civil organizations have strongly criticized that many doctors have still issued one copy of prescription instead of two copies, in spite of the previous agreement ...

Prescriptions in brand names found only in developing countries.

The government seems to enforce physicians to write prescriptions in generic names instead of brands for the purpose of boosting successful settlement of the medical and pharmacy role separation system and of the NHI ...

Product liability to take place in coming July

Now that the implementation of the product liability is slated for coming July 1, the pharmaceutical industry sources say that appropriate measures need to be established sooner or later in the local drugs firm, since...

Standard for concentrated rate of prescription eyed

The Ministry of Health and Welfare (MOHW) has recently announced that based on Paragraph 2, Article 20-2 of Enforcement Ordinance of the Pharmaceutical Affairs Law, it will draft a standard for the concentrated rate o...

Government drug policy may fuel more illicit transaction

Market observers say that the inconsistent drug related policies of the government designed to unilaterally reduce the insurance drug prices for better finance stability in the national health insurance sector, has ra...

Scigenic to export US$30 million worth of natural product

Scigenic, a local bioventure firm, says that it signed with Celture Chem. of the US, a health food manufacturer, for its export of INM176, a health food ingredient for the prevention or treatment of dementia. Unde...

International discussion on the protection of IPR in bioindustry getting heated

Stimulated by more heated international discussion of various international organizations on the protection of intellectual property rights in bioindustry sectors, the Korean Industrial Property Office will closely co...

Stock holding company to play as a breakthrough in distribution reforms.

The establishment of drug wholesaler's stock holding company implies important meanings in some aspects. It plays as a role of breakthrough in the drug distribution reforms that, in a sense, had been simply reflected ...

Management of natural products to be strengthen

The Korea Food and Drug Administration (KFDA) will draft regulations designed to introduce fast-track designation to drugs and post-marketing clinical trials system for the development of natural drugs and promote the...

Tobacco advertising to prohibit in pharmacy.

The MOHW announced a draft of bill in public titled "the enforcement decree and the working rules of the National Health Promotion Act" on April 19 covering that any advertising for tobacco including stickers, poster ...

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