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Bestcare and WA Sign Contract to Cooperate in Pharmaceutical Information Business

While pharmaceutical companies take pains to establish marketing strategies without having the proper pharmaceutical sales information, a wholesale association which takes considerable part in distribution has reached...

Drug export to china to focus on "Korea boom".

The marketing strategy for pharmaceutical export to China would be better tackled to "the Korean cultural boom" that is currently soaring up in China to implant good brand images in the market. An aggressive advert...

Hot price competition may trigger whole industrial collapse.

Drug wholesalers are turning their arms once combatted against Zuellig now directly to them, killing themselves with unfair trade competitions. The coalition spirits being boosted from their joint war against Zuell...

Mixed Feelings Toward Diversion of General Medicine to Non-Insured Group

The country's pharmaceutical manufacturers are seeking a change of policy in marketing and operation as they carefully analyze the effect on profit and loss of a plan by the Ministry of Health and Welfare to convert g...

KMA Strongly Resists the Diversion of General Medicines as Non-Insured Items.

The Korea Medical Association has strongly resisted the diversion of general medicines as non-insured items, stating that the measure promotes the illegal medical activities of pharmacies. The Emergency Committee ...

Shin Dong Bang Medix Co. Generates Profits of 7 Billion Won From Debt Exemption

Shin Dong Band Medix Co. has announced that it realized profits amounting to 7.08945863 billion won as a result of debt exemption after obtaining approval for its revised Corporation Disposal Plan on October 9. Ac...

1,403 non-prescription drugs put under non-NHI reimbursement scheme.

As one of the NHI financial saving plans the MOHW announced on Oct. 10 that 1,403 non-prescription drugs be excluded from the NHI reimbursement scheme, enforcing its effects gradually in 3 steps from Nov. this year to...

System amelioration of insurance drug price kept in a muddle.

The national health insurance drug pricing policy has been deteriorated and trapped just in the impending step of the reference price system enforcement that was highly expected to save the NHI fund. Moreover, the med...

Substituted dispensing possible for other drugs proven of efficacy equivalent tests.

Until the medical community presents the common prescription drug lists to the pharmacist communities according to the newly revised provision, the substituted dispensing practices shall be followed under the old prov...

Request to Reduce Post Management of Medicine Prices Two Times a Year

The Korea Pharmaceutical Manufacturers Association (KPMA) has requested a reduction in the execution of post management to two times a year from its current four times, arguing that to secure sufficient target and per...

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