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Pharmacist organization necessary to revise election system.

Many KPA member pharmacists seriously concerned about old fashioned movement of election campaign, an alumni oriented factionalism in the forthcoming election of the president of KPA as scheduled at the end of this mo...

Most dispensing sheets found no descriptions.

Illegal practices in the market were found with a majority case of no necessary descriptions necessarily written on the dispensing sheet, which keenly attracted pharmacist's attentions and warnings. The Seoul Medic...

Illegal pharmacy and medical practices closely to watch.

The public prosecutors may take a large scale of investigation against illegal practices in medical institutes and pharmacies including their business collusive links especially among their relatives, now, for more th...

M&A among franchise business companies geared up.

A company merger and acquisition activity between chained franchise business companies seems to gear up in a speedy movement. Many M&A negotiations are getting proceeded underneath, which will be surfaced pretty soon....

Fierce market competition seen in anti-hypertension drugs.

To meet the winter seasonal market demands for anti-hypertensive market, the total potentiality of which estimated to 250 billion won, most of leading local pharmaceutical companies are trying to introduce better comp...

Total health food supplement market volume estimated at 1.1

The health food supplement products showed a remarkable market growing trend these days, estimating the total market volume at 1.1 trillion won this year, said the Korea Health Supplement and Special Diet Food Associa...

Prescription drug list to be completed soon.

A part of regional medical associations, especially in Pusan and Kyungnam province, may complete to determine the common prescription drug list and to put in computerization works. Pusan Medical Association organiz...

Anti-hypertensive drug market predominated by 5 leading foreign multinational corporations.

A market survey conducted by Medical Space Co. (www.medicalspace.co.kr) from Aug. to Nov. last year reported that 5 leading foreign multinational drug corporations including MSD, Bayer, Handok, Sanofi-Sythelab...

Government price reduction of insurance drugs to apply discriminately.

In the past the government used to reduce insurance drug prices of all other similar class of drugs jointly when any one of the same classed products was detected of its unfair price dumping in the market. However...

SNA college of pharmacy venture to tie up with Cheiljedang

Gingseng Science (Representative; Park Jung-il), a venture company affiliated to Seoul National Univ. College of Pharmacy set up a business tie-up with Cheil Jedang (President: Sohn Kyong-shik) on Feb. 1, allowing 10%...

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