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Handling of returned goods bothers the wholesaling industry

Pharmaceutical sources say that the wholesaling industry is being bothered by the uncooperative stances of Zuellig Pharm Korea (ZPK) and some foreign-invested firms in handling the returned goods from pharmacy. Mar...

Domestic bioinformatics market puts at 180 billion won in 2005

The domestic bioinformatics market is likely to create 180 billion won in 2005 and is predicted to be 470 billion market in 2010, thus joining the ranks of the best 7 in the wor...

Drug wholesalers playing as key role in distribution.

After the launch of medical and pharmacy role separation program, the drug wholesalers have become the most important and key players in the drug distribution. However, their role of supplying a lot of drugs to hospit...

Prior dispensing of demand forecast drugs interpreted as 'illegal'

The Ministry of Health and Welfare says that the prior dispensing acts of drugs through demand forecast violates the Pharmaceutical Affairs Law. In its recent response to a question raised by the Korean Pharmaceuti...

Drug industry to decline data submission for drug costs.

The pharmaceutical industry declined, in an excuse of its business confidentiality, the cost data submission for manufactured and imported drugs requested by the MOHW. The MOHW earlier called for the drug industry...

Pelle, soccer hero, on advertising model for impotence campaign.

Pfizer contracted a business partnership with Mr. Pelle, the world soccer hero, for marketing promotional campaign in order to alleviate consumer's negative feelings over the im...

Presidential hopefuls of MDP in favor of maintaining the current SDP function

Four presidential contenders among presidential hopefuls of the ruling Millennium Democratic Party (MDP) have suggested that the current system of separating drug dispensing from medical practice (SDP function) be mai...

Post supervisory activities on drug prices drastically to reinforce.

The MOHW is trying to reduce drug prices for saving the NHI fund by reinforced post supervisory activities with more frequency against the drug prices when practicing far under the level of the actual transaction pric...

KFDA gets new commissioner

The Blue House (Korean Presidential residence) says that Lee young-soon (58 years), professor of veterinary college of Seoul National University, was appointed as new commission...

26 drug companies to form Korea Bio Pharmaceutical Center

26 drug companies intended to take part in the foundation of Korea Biopharmaceutical Center (Temporary name) in Scotland according to the survey conducted by Korea Health Industrial Promotion Board against 77 domestic...

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