All Type of News
KPA Calls for Materialized Punishment Against Collusion by Type
The KPA has urged the Ministry of Health and Welfare to include punishment against collusion in enforcement ordinances and regulations of the Pharmaceutical Affairs Law by materializing it for each type.
With the ...
NICE Rates Choongwae's Bond as BB+
The National Information & Credit Evaluation Inc. has given a credit rating of BB+ to the corporate bonds of Choongwae Pharma Corp. BB+ in its 36th main evaluation released on July 28.
Prior to this, Choongwae's ...
MOHW Will Enforce the 'Reference Price System' in September
The Ministry of Health and Welfare (MOHW) clarified that they would enforce the reference price system in September as scheduled after a careful review of the draft by minimizing the people's burden through the revisi...
Pharmacy market on alert to influx of quasi-drugs.
The retail pharmacy exploded a harsh backlash against ever increasing entry of so called quasi-drugs in the market by reducing the strengths of non-prescription drugs.
The KFDA approved about 117 quasi-drugs recent...
Government Reform to Change 'Indirect Wholesale System to Hospital'
The current 'Distribution Centralization System' which requires the distribution of medical supplies to general hospitals through wholesalers is expected to be abrogated through a distribution reform, unless there is...
KRPIA Affirms Stand Against the Reference Price System
The Korean Research-based Pharmaceutical Industry Association (KRPIA) affirmed their position against the implementation of the price reference system.
The KRPIA held a press conference on the 26th at the Ministry ...
KMA Opposed to the Reference Price System's Increasing the Burden of Patient
On the 26th the Korean Medical Association (KMA) issued a press release expressing its total opposition to the reference price system which the government intends to implement.
Using the statement 'The standpoint ...
Notice to our readers
Due to summer vacation English Yakup Daily will not publish August 3(Thursday), thru August 5(Sunday), 2001.
We resume publication on August 6, 2001(Monday)
- management -
Foreign multinational company production on the sharp rise.
Many foreign multinational pharmaceutical corporations unprecedently enjoyed their business operation in Korea with their own developed branded drugs, producing a whopping stance after implementation of the medical re...
Intensive surveillance over unfair patient allurement
The Seoul district FDA has a plan to keep an intensive watching over unfair trade practices in the field including a business collusion between pharmacies and medical institutes and unreasonable patient allurement.
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