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500 Drugstores Under Special Management For Being Suspected of Consultation

Ministry of Health & Welfare carefully examining the drugstores and medical organizations suspected of consultation on the basis of the amended pharmacist law goes for examining the drugstores estimated as 500 to moni...

Confirmation that ECC is an Official Organization Gives Zuellig Struggle a Clue

It is expected that the emergency countermeasure committee protecting the area of wholesale industry will have more power in their struggles related to Zuellig as it was recognized as an official organization of the w...

MOHW invest 1 trillion won for the development of new medicines and medical equipment.

The government will invest 1 trillion won until the year 2010 to help the fields of bio-technology, nano-technology and bio-information & communication, which are seen as the promising industries of the next generatio...

Balanced sheets of Listed Pharmaceutical Companies Showed High Growth in December

The balanced account of listed pharmaceutical companies for December showed a favorable performance in the first half of this year due to the implementation of the actual transaction redemption system and the system o...

Kosdaq listed drug companies achieved 30% sales growth in first half of this year.

9 pharmaceutical companies listed in the Kosdaq had achieved over 30% net sales growth, 70% and 55% of the ordinary and net profits respectively during the first half of this year, showing overall excellent business p...

Export competitiveness to be enforced by securing strategic regions

The KPTA (Korea Pharmaceutical Trade Association) recently undertook a special measure to recover from the general stagnation of exports by establishing a cooperation channel with strategic export regions. The KPTA...

40% of Pharmacies Have Monthly Income Lower Than 1.5 Million Won

A survey revealed that an estimated 40% of all pharmacies in the country have a monthly income of only 1.5 million won. Proper measures are urgently needed because it was revealed that 92.4% of neighborhood pharmaci...

The Enforcement Ordinance and Regulations of the Pharmaceutical Affairs Law to be legislated

The Ministry of Health and Welfare provided notification on the Enforcement Ordinance and Regulations of the Pharmaceutical Affairs Law on the 17th after the revised pharmaceutical affairs law was announced. The MH...

Rush for applications for appointment as qualified companies for BGMP

With the scheduled implementation of the BGMP starting next January, Raw Material Companies for medical supplies are expediting efforts to be designated as BGMP-qualified companies by the end of this year by submittin...

35 groups selected for bio-equivalent test

The Korea Food & Drug Administration has selected 35 groups to test components for a bio-equivalent test to maximize the efficiency of the test, which aims to connect the desired components and applicable components o...

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