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Real-name based cyber public grievance eyed

Korea Food and Drug Administration (KFDA) says it will implement a real-name based cyber public grievance system for its speedy processing of civil petition, as well as the proposed introduction of a prior civil petit...

Persistent counterfeit Viagra and Xenical rampant

Business industry sources says that the unfair or illegal distribution of some renowned items, such as Vigra and Xenical, has been persistently rampant as a result of the recent KFDA inspection of medical institutions...

Korean pharmaceutical industry has potentiality in biotec.

Mr. Robert A. Ingram, the CEO of Glaxo Smith Kline, who visited to Korea on March 11 took a press interview on 13, advising that the R&D of bio technology in the pharmaceutical industry should be closely bound with th...

Foreign-invested firms eye pharmacy market

Some foreign-invested pharmaceutical firms are intensifying their marketing campaigns to boost their shares of domestic pharmacy market based on their renowned brands, in the midst of aggravation of hospital market in...

Government put 450 billion won of budget for BT

The government decided to put the total 450 billion won of budget this year for the biological science technology. The consolidated policy council for bio-engineering (hereinafter called Bio Council) (Chief commiss...

Tapering system for drug management fee, etc. aggravate pharmacy management

Business industry sources say that the pharmacy management is likely to aggravate due to the outer environmental factors, such as tapering system for drug management fee, dispersed prescriptions and higher proportions...

Intensive saving measures for medication expenditures

Following 2.9% NHI reimbursement price reduction the MOHW intended to enforce an intensive medication expenditure saving plan by adopting an incentive program for more cheaper generic drugs to be prescribed in an atte...

Establishment of uniformed clinical trial guideline eyed

Business sources say that a uniformed institutional review (IRB) guideline for the domestic clinical trials will be established to help facilitate the efficiency of local clinical trials in terms of costs and time. It...

Eye clinics most beneficiary after medical reform

After the medical and pharmacy role separation program, the pharmacy made a yearly average revenue at 201,990 thousand won and about 366 pharmacies scored respectively over 1 billion won of annual sales. According ...

Drug-related administration to be reformed

The MOHW has announced it will soon promote a series of measures to reform drug-related administration affairs including expansion of prescription issuance by generic name, etc. in order to ensure balanced development...

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