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What are Korean drug market’s plans on ‘unexpected Trump’?

While concerns get higher towards the election of Donald Trump who stressed importance of protectionism at the presidential election, the Korean pharmaceutical industry had a time to think about countermeasures agains...

Prosecution about to announce investigation report about 19 pharmas’s rebate case

While rebate incidents surprise the pharmaceutical industry at the end of the year, the rebate case involved with the hospital located in Jeonju, which will come to an end soon, has make pharmaceutical companies tense...

Names of drug, medicine and new drug cannot be used except for drug manufacturers

So far, it was restricted to launch drink products containing more than 30mg of caffeine for a take, but it will be relaxed so that pharmaceutical companies will be able to launch more various products. Moreover, any...

Rep. Kyung-Won Na and Seung-Hee Kim, “National Assembly will give a help on reorganization of pharmacy colleges”

Representatives from the National Assembly expressed sympathy for the reorganization of pharmacy colleges into the 6-year system. At the National Assembly 2nd meeting room on the 9th, Saenuri Party Rep. Kyung-Won Na ...

Pharmas to watch on employees’ misbehavior according to president’s impeachment

‘Careful… and careful again’ A special command was ordered for pharmaceutical companies. A caution was made for their employees to be careful not only for company work, but on daily life. It is, however, no surprisin...

Pharma industry, “It’s insufficient only with drugs, thus active with business diversification”

The trend of business diversification has been fueled in the pharmaceutical industry. In accordance with the judgement that it is hard to survive only with pharmaceutical products, pharmaceutical companies are activel...

Will MSD’s notice to cut margins trigger conflicts with distribution association?

Pharmaceutical distribution companies made strong opposition to MSD Korea that attempts to reduce the number of its client distribution companies and distribution margins. According to the industry concerned, MSD Kor...

Rapid increase of uninsured medical expenses brings up necessity to extend insurance coverage

The National Health Insurance Service(President Sang-Cheol Seong) released a result of the ‘Composition and Status for Uninsured Medical Expenses at General Hospitals or Higher-Class Medical Institutes’ research. Des...

Dongkook enters blood glucose monitoring market along with international company

Dongkook Pharmaceutical held a signing ceremony with an international diabetes management company, Ascensia Diabetes Care, at its head office on the 7th, and signed a approval a...

Exempted from WHO’s GMP inspection for supplying Korean vaccines to the UN

The Ministry of Food and Drug Safety(MFDS) announced it has signed a business agreement containing a condition to supply Korean vaccines to the UN without the World Health Organization’s GMP inspection on the 7th of D...

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