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Passing of Health functional food law in legislation and judiciary committee vanished

Passing of health functional food in legislation and judiciary committee of national assembly vanished. Health welfare committee of National Assembly held the 9th judiciary committee regarding the bill and discussed ...

102 prescription drugs switched to non-prescription category.

102 prescription drugs containing 11 different active ingredients have been transferred to a non-prescription drug in the meeting of the Drug Reclassification Commission while 41 non-prescription drugs including Tifle...

Amelioration of actual transaction price system on cross road.

The medical and pharmacy communities stood a sharp conflict over the current actual transaction price reimbursement system that the government is now trying to ameliorate. The government plan was attempting to aim ...

M&A and consolidation on rising trend in bio industry.

Recently the company organization enlargement and the company consolidation among the same business entities showed an ongoing stance in the world bio-engineering industry led by the United States while the number and...

Choongwae's Curoxin, new quinolone anti-bacterial drug, to launch soon.

Choongwe (President: Lee Kyung-ha) announced on Dec. 13 that they may get the health registration approval for Curoxin (Balofloxacin), a new quinolone antibacterial agent from the KFDA on Dec. 17 through the Central P...

Investigation request of 100 pharmacies & hospitals under suspicion of consultation

Pharmacist association started full-scale activity to get rid of consultation obstacles which blocks the settlement of separation of dispensary from medical practice. Korea Pharmaceutical Association listed 100 pharm...

Tendency of No-Loan Management in Medical Manufacturing Companies.

No-Loan management which medical manufacturers adopt for decreasing financial risk is increasing this year. Il-Sung sin yak, for the first time among medical manufacturing companies, in 1999,executed no-loan manageme...

Kyoung nam 'the highest' in paying 'medicine expenditure' per 1 pharmacy

After division, opening pharmacy is rapidly reducing and the amount of medicine expenditure recorded the highest in Kyoung-nam, and Seoul among 16 regions recorded the lowest level. Following the achievement of treat...

'LIBRA', right use of antibiotic campaign.

"LIBRA" campaign for right use of antibiotic lead by Bayer starts nationally. Bayer Korea held "LIBRA" proclamation ceremony nationally which is a worldwide campaign and announced the right use of antibiotics stoppin...

Frequent fraud of lotting-out and lease regarding pharmacy

It was revealed that there are many frequent frauds of lotting-out and lease regarding pharmacy. According to recent pharmacy association, many pharmacists were harmed due to lotting-out and lease regarding pharmacy....

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