All Type of News
Pharmacy business on at day time, OTCs at night time.
Most of pharmacies concentrated so fully on the prescription business that they were almost unable to think about the OTC business at the time right after the medical and pharmacy role separation program launched. Now...
Investigation of 130 Pharmacies for Closure Launched
An investigation has been launched in connection with 130 pharmacies located in Seoul which are subjected to be closed due to alleged prearrangements with medical institutes.
The Seoul Metropolitan Government annou...
Bulk drug registration to file first and review afterward.
The registration system for bulk drugs so far required an authorization of their manufacturing license or report for local bulks and a self-product quality control for imported ones, but in the future all bulk drugs e...
Chong Kun Dang and LG Household & Health Care Agree to Strategic Cooperation
The biggest household goods manufacturing company and the leading pharmaceutical company concluded their strategic cooperation to increase mutual profits by utilizing and maximizing their product development capabilit...
Local Health Venture Firms Entering European Market in Full-Scale
Local health venture firms are entering the European market in full-scale which is notorious for its fastidious tendency.
The Korea Health Industry Development Institute announced on September 5 that it selecte...
Pharmaceutical Companies Devoted to Attracting New GP
After the enforcement of the separation system for clinics and pharmacies, pharmaceutical companies are increasingly trying to attract new general practitioners to take advantage of a trend in which doctors who have s...
KMA warns that it will act decisively on Zuellig's monopolistic activity
Considerable focus is being given to the proclamation of the Korea Medical Association (hereinafter refer to as KMA) that they would take all possible measures against Zuellig and Handok Pharmaceutical Corporation.
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International trade pressures mounted on reference price system.
A growing international pressure has given to the government's reference price implementation program applying to NHI drug prices planned as one of the NHI financial stabilization measures.
Recently American depart...
Concerns that the Closure Clause will be weakened
After the ruling of the Seoul District Court of Administration on the illegality of the restriction on the opening of a pharmacy inside a clinic building, the clause on the closure of pharmacies due to prearranged act...
Pharmaceutical Industry requests expansion of tax deduction for R&D
With the Government's reorganization of the tax system by reducing the tax for the middle class, individuals and corporations that aim to boost the Pharmaceutical Industry are strongly requesting for the expansion of ...
