All Type of News


KFDA announced drug items for efficacy reviews in 2001.

The KFDA announced on Jan. 27 that in 2001 the drug efficacy review would be conducted for 1,359 products including 10 different therapeutic categories according to Article 26, para 3 and Article 34 para 4 of the Phar...

Dongshin management power transferrred to Mr. Kim Sae-hyun

Dongshin's management power was transferred to Mr. Kim Sae-Hyun, a Korean American business man (52 years old) during the extraordinary shareholder's meeting on Jan. 29. In the shareholder's meeting, all Dongshin's ...

Profile of Prof. Huh, the 2nd KFDA head.

On Jan. 25 Prof. Huh was suddenly nominated to the head of KFDA succeeding Dr. Park who arrested and resigned on Jan. 23. It was absolutely no anticipated for him to be nominated as the head of KFDA, Prof. Huh said...

65 new drugs accepted to the entry of SNU Hospital formulary.

Seoul National Univ. hospital announced to invite a public tender on Jan. 20, covering 33 insurance drugs including Cobamide (1mg/2ml) and 32 imported products like Endy plus, the total 65 items. However, out of 6...

New price lebelling system may detract pharmacy management

Most of retail pharmacies assumed that the new price labelling system effected from Jan. 20 might cause unfavorable impact to the pharmacy management, and said that they would concentrate their sales on more marginal...

Drug Delivery Cooperation Union to be established in first half this year.

The MOHW finally settled down the establishment plans for "Drug Delivery Cooperation Union" during the first half of this year as one of the drug distribution reform programs. For this purpose, the MOHW plans to form ...

Il Dong workout plan finally settled down.

It was known that Il Dong received 74 billion Won of debt write-off, which was guaranteed for Maxon's lavish borrowings, Il Dong's sister electronic company, as much as 137 billion Won. Out of this, Il Dong received t...

KPMA demanded system change first and drug price adjustment followed thereafter.

The KPMA appealed to the government that a systemic tool for blockading hospital's unreasonable demand in their drug purchasing process should be established first, and then, the insurance drug price would be adjusted...

New KFDA head nominated to Prof. Huh Keun.

As Dr. Park Jong-se the head of KFDA was arrested on Jan. 23 in charge of bribery, and his resign was accepted, Prof. Huh Keun, the former Dean of Yungnam Univ. College of Pharmacy succeeded his position. Seoul dis...

Pharmacy community alerts to new retail pricing system.

The new open retail price labelling system launched from Jan. 20 has shown a good price stability in the market along with the popular drugs on the contrary to earlier fears for a price instability as resulted from th...

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