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In case of Public Bid Reduction of Medicine Price Excluded.

From now on if it is inspected at post management that insured medicine price is knocked down on with lower price than upper limit amount at public competition bid at medical institute over hospital level it is exclud...

Promotion to Establish Overseas Clinical Training Center.

It draws attention because a plan to establish overseas clinical training center and to utilize it as export strategic point is being discussed to promote Korean Pharmaceutical Company to enter into overseas market ef...

P-CBO of Bio Venture Firm Got Plucked at Credit Grade.

The result of evaluation of Primary collateral Bond Obligation, hereafter refer to as Primary CBO, of bio venture showed the lowest grade among whole venture industry. Korea Management Consulting and Credit Rating ...

Establish ERP for Small Sized Pharmaceutical Company Gets Easy.

Since Small and Medium Business Administration and Ministry of Commerce, Industry and Energy decided to provide 20 million won free of charge as part of IT business supporting strategy for small and medium sized compa...

Korea Medical Device Industries Association Inaugurated.

Korea Medical Device Industries Association was inaugurated by combining business function of Korea Medical Instrument Industrial Cooperative and Korea Medical Device Association. Korea Medical Instrument Industri...

KFDA Ordered to change Labelling for Echinace drugs.

The KFDA ordered to change its labelling for Echinacea extract preparations covering indications as a supplemental prevention and treatment of the common cold and other respiratory tract disorders and an immunity enha...

Medical reform program caused 66% increases of medication expenditures.

After the implementation of the medical and pharmacy role separation system last year the medication expenditure showed about 66.4% increase, and most of prescriptions and dispensing were found for the treatment of co...

KFDA Work Hard to Prepare Expansion Plan of Bioequivalence Test.

KFDA is taking pains to prepare countermeasure to expand bioequivalence test. KFDA conducted research of actual condition subjecting pharmaceutical companies and test institutes from October 15th to November 7th t...

Pfizer to answer to KPhWA's concerns until end of Dec.

A recent conflict lied between Pfizer and drug wholesalers seems to be sorted out soon. President Lee Hee-koo of the Korea Pharmaceutical Wholesale Association (KPhWA) met with Mr. Andrew, President of Pfizer Kore...

Special Surveillance for Prearranged Activity Starts December 3rd.

Special surveillance will be executed for prearranged activity, arbitrary and in-hospital dispensation for 2 weeks from December 3rd to 15th. Ministry of Health and Welfare announced that they would execute joint ...

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