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1,276 pharmacies were found to have violated the pharmaceutical affairs law

The Korea Food and Drug Administration (KFDA) prosecuted 1,276 pharmacies, that violated the pharmaceutical affairs law by selling the pharmaceutical products without license or other violations, and took administrati...

KPMA' Society Affairs Climates Change .

As new executives of Korea Pharmaceutical Manufacturer Association (KPMA) has organized, its society affairs climates is changing, e.g. briskly holding committee and increased participations of member companies. KP...

Actual purchase price reimbursement system to overhaul.

The MOHW is going to amend the current insurance drug pricing system because of its conflict to the principle of the Fair Trade Act, allowing the drug prices in free market competition. The FTC earlier ordered 39 d...

Bio-equivalent test to initiate for antibiotics.

The KFDA intended to implement the bio-equivalent test initially on most frequently prescribing drugs and antibiotics in order to enhance efficiencies of the bio-equivalent test administration. The revised bill of ...

HIRA inspects acting insurance reimbursement services.

The Health Insurance Review Agency (HIRA) announced to inspect the medical institutes, taking the medical insurance reimbursement services through the acting agencies, judging by the fact that the acting agencies play...

Unfair requests decrease after the post-management reinforcement

Unfair requests were found to have decreased since the Ministry of Health and Welfare reinforced the post-management over the medical treatment facilities. The Ministry of Health and Welfare (MOHW) disclosed that t...

Glaxo eyes AHP bid again

British drug maker aims to enter £50 bln merger talks British drugs giant GlaxoSmithKline [UK:GSK] [US:GSK] is again targeting a takeover of American Home Products [US:AHP] worth £50 billion ($220 billion), The Ob...

Foreign-affiliated Firm accelerated in domestic market

Multinational pharmaceutical companies' managerial performance have improved at a large scale as medical environment changing for the better including original prescription increasement since medical program. This ...

Medical Circles raise 'Optional Separation of prescription & drugs dispensing '

Medical professionals bring up 'optional separation' officially as measure to stabilize insurance finance recent faced on bankruptcy crisis, which makes issue. National KMA Director Kim Bang-chul announced 'Cause ...

Last Year Pharmacy's Allowance Cost 1.2675 trillion

It is appeared that cost of prescription per one last year is average 19.953 thousand won and average day of medication 5.26 days. Also, It is totalized that despite about 90 million prescription filled of pharmacy...

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