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Drug industry's financial problems blamed to poor government policies.

After implementation of the government's medical and pharmacy role separation program the drug industry faced serious cash flow problems. 68.5% Netizens communicated through www.yakup. com blamed the main causes of pr...

KFDA to budget for safety reinforcement of vaccines next year.

The KFDA's 2001 budget plan showed the total 71,766 million won, 17.6% higher than this year's 58,352 million won, which reflected the reinforced safety project for vaccines and the administration works for labeling "...

545 billion won of 2001 national budget to subsidy for settlement of medical/pharmacy reform program

The MOHW fixed the 2001 budget after ratification from the cabinet meeting at the total 6,274,900 million won, 38.6% increase over the previous year, which included 545 billion won for supporting to the regional medic...

Public advertising for OTC drugs to activate despite slow sales

Korea Advertising Data recently reported that 14 top pharmaceutical companies including Dong-A, CKD, Choongwe, Yuhan and Daewoong spent the total 100 billion won level of public advertising expenditures for their OTC ...

Drug wholesalers called for full supplies to drug makers

Prescription drug wholesalers strongly protested against the drug makers who assigned their drug supplies exclusively to Zuellig Logistic company, claiming it as an unfair trade act. They threatened the Korea Pharmace...

Civic group to move campaign against medical reimbursement price increases.

259 civic organizations including the Citizen's Coalition for Economic Justice, the People's Solidarity of Participatory Democracy and the Korea Confederation of Trade Union declared on Sept. 25 in the joint press int...

Guarantee of medical and pharmacy dispensing rights reassured in pharmaceutical law to revise soon.

The MOHW reported in the social related Ministerial meeting on Sept. 20 that after a close association and coordination with the medical and the pharmaceutical communities the pharmaceutical affairs law would be overh...

Application for trademark associated with professional terminology to constrain.

The Patent Office met with pharmaceutical company members who are responsible for the trade mark registration on Sept. 20, and explained them about many difficult problems in connection with trademark examination. ...

"Nostrum" advertising on food supplement unlawful.

Food supplement product suppliers and a pharmacist who advertised imported food supplements as a nostrum through an internet channel was prosecuted. Seoul District Prosecutors Office, Contingency Div. II (Chief pro...

Paclitaxel oral dosage form soon available.

Hanmi Pharmaceutical company announced on Sept. 19 that an oral dosage form of Paclitaxel, an excellent anticancer agent, had been successfully developed for the first time over the world under a close research cooper...

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