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Significant business recovery sign seen in drug industry.

Once seriously ailing business activities in drug industry after the IMF economic crisis seem to turn up significantly from the first half of this year, showing 7.3% sales growth on average of the leading lo...

MOHW pressed National Assembly to pass revised bill for pharmaceutical affairs law.

The foreign multinational pharmaceutical corporations have complained to our government that their product information data for health registration submitted to the government used to be disclosed and exploited by oth...

Zuellig's plan for 5,000 customer direct deals on progress

KLS, a Korean legal business entity of Zuellig, seems to drive their drug distribution business plans from coming Sept., for which the KPA sensitively concerned and tried to prepare an appropriate action against the s...

Administrator Huh of KFDA reported major issues to National Assembly.

Dr. Huh, the administrator of the KFDA attended to the Health and Welfare Commission of the National Assembly and reported important issues to including the preventive measures against intoxication of food poisons and...

KPhTA asked for 6 month postponement of imported drug insurance price registration.

The Korea Pharmaceutical Trade Association (KPhTA) proposed to the MOHW for at least 6 month postponement of drug insurance price registration recently announced to implement from July 1 by the MOHW on account of the ...

Foreign invested companies distressed at price registration of imported drugs.

The foreign invested company group, KRPIA fell in deep upset and experienced a serious conflict raised by two different member groups who accepted or rejected the government suggested prices of imported drugs because ...

Drug industry alert to investigation of public prosecutor and police office.

A rumor of investigation by the public prosecutor office and the police office on overall drug deals spreaded since last June has surfaced to a real fact with their capture of accounting books and a subpoena of suspe...

Hospital's secret purchasing contract to be provisionally blocked.

The drug industry stressed that the hospital's secret contract in purchasing drugs with drug suppliers should be legally prohibited in order that the actual purchasing price system may be well settled down in future. ...

Civic Groups paid keen attention to basic frame of separation system.

The government firmly confirmed that the basic frame of the medical and the pharmacy separation system would be unchanged from the draft suggested by the Civic Groups, which was accorded between the medical and the ph...

24.17% conventional margin for hospitals no longer permitted

By taking opportunity for imported drugs provisionally to eliminate any drug purchasing margins at hospitals, the KPMA concluded that 24.17% margins for hospitals would not be provided any longer, and decided to circu...

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