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Delay of Finances Unification for One year & Six Months Passed through NA

The finances unification of health insurance is delayed for one year and six months. The national assembly held main conference on 8th and proposed & passed amendment of national health insurance law with the conte...

Deficit of Insurance Finances was 2.7tn Won Last Year

Deficit of health insurance finances was totalling KW2.7000 trillion last year. It was shown that it decreased by KW1.4698 trillion less than KW4.1978 trillion originally expected. Ministry of Health & Welfare expl...

Gleevec price issue to be solved at the court.

The Joint Counter Measure Council for Drug Public Justice and Resolution of Gleevec Issue, a joint civic group organized with representatives from the pharmacist association for health society, the medical association...

Operating Profit Should be Invested into R&D by More Than 10%

Kim Jeong-soo, president of Korea Pharmaceutical Manufacturers Association, stressed that the operating profit should be invested into R&D by more than 10% for development of local pharmaceutical manufacturing industr...

KPhWA to mend Fair Trade Rules in January.

The pharmaceutical wholesale community has to revise the fair trade rule within this month. The Fair Trade Commission urged the drug wholesale association to revise the fair trade rules after referring to the KPMA...

864 drugs to change labelling and indications.

The KFDA reviewed the drug efficacy of 864 items in 2001 and instructed all manufacturers and importers to change label descriptions by Feb. so that the inserted direction circulars should be reflected with the revisi...

'Preparation Price Destruction' is Concerned for Non-payment for General Medicines

As some part of general medicines that received insurance payment is changed to non-payment, it is expected that there will be a conflict between pharmacy and patient for the problem of calculating the sharing amount ...

Accusation to Prosecution in case of Unfair Trade

Korea Pharmaceutical Manufacturers Association has a policy to mobilize all usable methods to create a climate of fair trade and make the membership companies observe the fair competition rules. As Fair Trade Commi...

Pharmacy to sell herbal drugs by 25% on average.

The herbal drugs found to contribute the revenue improvement at pharmacy in Seoul and Kyunggi provincial areas by 25% on average out of the total sales according to a thesis paper for MS degree reported by Mr. Lee Sun...

Biology Technology Research Support System Reorganization Requested

It was pointed out that the biology technology(BT) research was rapidly progressing but the administration supporting it was slowly going so the overall system reorganization was requested. The problem of system wa...

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