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Export for Central America contemplated
Stimulated by the active market opening to foreign competition by several countries in the Central and South America, the domestic pharmaceutical industry plans to expand their presence there, in that those countries ...
The system of separating drug dispensing from medical practice should be promoted
In their policy forum sponsored by KBS 1TV on April 11, 4 candidates of the Grand National Party's presidential nomination race (Rep. Lee Bu-young, Rhee Shang-hi, Lee Hoi-chang and Choe Byung-yul) have emphasized that...
Unilateral government policy to promote cheaper drugs criticized
The Korean Pharmaceutical Manufacturers Association (KPMA) says that the recently contemplating government policy to provide special incentives (guarantee of special margin towards hospitals) to the medical institutio...
MOHW firmly to stand against strikes of medical community.
The MOHW made it clear on April 12 that any group business shutdown or closure planned on April 17 by the medical community would be strongly counter measured by exercising the Power of Preceptive Instruction for Work...
Illegal advertising through internet and home-shopping channels strictly to check.
The KFDA announced to inspect strictly and intensively against the false and exaggerated public advertising of drugs through internet and home-shopping cable TV channels because of serious harms to a lot of consumers....
Wholesalers to be prosecuted against prescription convergency.
The pharmaceutical companies who supplied their drugs to specific wholesalers with discounts or the drug wholesalers who directly run affiliated retail pharmacies or induce medical institutions to issue their prescrip...
Introduction of drug cost analysis system under consideration.
To eliminate a drug price bubble the MOHW mulls an adoption of so called "Drug Cost Analysis" system from coming June, which requires submission of the drug price cost statement at the time of new NHI price registrati...
AmCham reports say the market assess to Korea deteriorated
In its annual report on the improvement of enterprise environment in Korea released on April 10, the American Chamber of Commerce (AmCham) noted the domestic pharmaceutical market as follows:
- There is a concern w...
Pharmaceutical related associations agreed to handle the returned drugs until September
In their recent gathering for consultation of drug distribution, the Korean Pharmaceutical Association, the Korean Pharmaceutical Manufacturers Association and the Korean Drug Wholesalers Association have agreed that ...
Korea Hospital Association to stage a nationwide rally
The Korea Hospital Association (KHA) has announced that it will stage a mass-scale rally across the country on May 2, if the following proposals cannot be accepted by the government: (1) reasonable hospital admission ...
