News About: Pharm. Affairs


Illegal shelf-life changes of imported drugs on critical problems.

The shelf-life of some imported drugs were found illegally manipulated according to the KPA inferior drug report center. The shelf-life label which already expired was fraudulently replaced with another sticker with o...

KPA to oppose foreigner-only pharmacy in international free trade areas.

The KPA officially opposed to the establishment of a foreigner-only pharmacy in the international free trade city in Jejudo during the workshop for the Legislation of Special Provision for Jeju International Free Trad...

Government urged to introduce "therapeutic equivalence" concept for activation of substitute drug...

Government urged to introduce "therapeutic equivalence" concept for activation of substitute drug dispensing The classification of permissible substitute drugs should be made based on a comprehensive concept of "t...

Drug shelf life most troublesome in pharmacies.

The retail pharmacy appealed a lot of complaints to drug companies with which the shelf-lives of some drugs expired already or soon but were not given any notification at all. The KPA illegal and inferior drugs r...

M&A rumor in pharmacy franchise business circles.

Amid the bi-polar phenomenon, the poor and the rich, being widely prevailed in the pharmacy franchise industrial markets, an M&A rumor seems to be surfaced. After the medical and pharmacy role separation program settl...

Korean's obesity guideline formulated

The formulation of Korea's obesity guideline is though to be of much help to proprietors of pharmacies for their consultation with obese people. The Korea Anti-Obesity Association, which was founded on January thi...

Clinics and pharmacies facing bankruptcies due to contraction in demand

With both business and consumer sentiment deteriorating rapidly since the end of 2002 and adding to already increased concerns by surging oil prices, which were rattled upwards by the war premium in Iraq, a number of ...

KPA to tackle establishment of corporate pharmacy, other issues

The Policy Planning Board of the Korea Pharmaceutical Association held a recent meeting to deal with major undertakings of outstanding pharmaceutical matters, the contents of which are as follows: 1) Establishment ...

Definite pricing criteria on non-reimbursable drugs urged

Pharmaceutical business sources say that many pharmacists are wondering on how to determine the pricing of some non-reimbursable drugs whose supply prices are higher than insurance prices. When some non-reimbursabl...

Wages of employed pharmacists plunged to 20~30%

Influenced by the protracted recession of pharmacies in the midst of overall business setback since last year, the recent average wage of pharmacists employed at pharmacies has dived, according to business source. ...

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