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Pharmaceutical Industry Increasingly Attracting Medical Doctors

Local leading pharmaceutical companies are increasingly attracting medical doctors, a practice which is common among multinational pharmaceutical companies. The five local pharmaceutical companies which have rec...

KMA Vows to Cope with Zuellig's Monopolistic Activity

More issues are expected to arise after the Korea Medical Association's (KMA) reaffirmed its vow to exhaust all possible means to cope with Zuellig and Handok Pharmaceutical Corporation. The KMA's Emergency Commi...

Government is supportive of the development of biotechnology

With the increasing national attention being focused on the bio-industry, its future seems bright as concerned government agencies continue to support the development of the BT industry along with the active preventio...

Chong Kun Dang Pharmaceutical Corp. to be split into 2 companies

Chong Kun Dang Pharmaceutical Corp. will be divided into 2 corporations by separating its Raw Material Business section. Chong Kun Dang held a meeting of the board of directors on the 29th and decided to separate t...

Increase in Drugstore-type Pharmacies from Pursuing Diversified Operations

Because of the centralization phenomenon in prescription reception, drugstore-type pharmacies are emerging in succession. According to the Pharmacy Association, drugstore-type pharmacies are emerging because pharm...

Whanin now under management of no borrowing.

Amid a protracted economic recession now prevailed widely in Korea many business corporations are trying to keep their financial leverage more stable. In the pharmaceutical indu...

Re-emergence of dispensing by unqualified staff

It is known that the sale and dispensing of medicines by unqualified persons is increasing on account of the labor shortage. According to the Pharmacy circle, the sale and dispensing of medicines by unqualified p...

Restriction on opening a pharmacy in a hospital-located building ruled as illegal.

The policy of the public health center that prohibits the opening of a pharmacy in a building where a hospital is located in order to prevent prearranged activities from occurring has been ruled as illegal. The 4th...

Disputes on drug price system between medical and industrial communities.

The medical and drug industrial communities are sharply confronted each other over the medical insurance drug price system in which the medical side insisted on turning back to the former reported price system while t...

Standards and specifications for nutritional substances to set up.

The standards and specification for the nutritional substances contained in "Special nutritional foods" became embodied in which vitamins and minerals shall contain over 15% of its standard nutritional level and prote...

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