All Type of News
Seoul KPA nominated 17 wholesalers for pharmacy management cooperative council (PMCC).
The Seoul KPA finally selected 17 wholesalers for the PMCC on Feb. 29, which included Sungbuk, Seshin, Myungsung, Baekwang, Yungdeungpo, Sungil, Songam, Jungsoo, Wonjin, Shinyung, Samseung, Kyungrim, Hanshin, Yupoong,...
Strike plan of medical community to postpone 3 weeks.
The hospital shut-down strike plan of medical community, mainly private clinics, has been postponed to 3 weeks. In the meeting of presidents of the city and provincial KMA and the members of the Central Struggle Commi...
Fees for prescription and dispensing to increase from July.
The MOHW announced on Feb. 29 that the prescription and dispensing fees would be readjusted to increase in June to take effect from July 1 in order to compensate for the business loss that the medical institutes might...
Drug advertising on Internet PC communication permitted.
Taking effect from coming March the drug advertising on the internet PC communication channel will be permitted, which may hit a new move in the drug advertising market.
The drug will be prohibited to manufacture if...
Drug industry earned U$12,900 thousands from overseas for royalty last year
Last year the drug industry earned about U$12,900,000 of technology sales abroad, which ranked the 3rd in value, after the electricity, the electronic and the mechanic industry according to a survey by Korea Industry ...
Compounded or injectable drugs permitted for substituted dispensing
Under the medical and pharmacy separation system pharmacists may substitute drugs in their dispensing on physician's prescriptions for other equivalent drugs, especially for the simple preparations in tablet, capsule ...
Realistic dispensing fees supportive to improve pharmacy management.
The MOHW plans to establish a new payment system for insurance medication expenses directly reimbursable to the drug supplier from the insurance agency without getting through the medical institutes where medication w...
Bulk Good Manufacturing Practice system to launch next year.
The MOHW drafted the revised working rules of the pharmaceutical affairs law to launch it from March 2, in which drugs would not be granted to manufacture if infringed other patent rights and the good manufacturing pr...
Functional cosmetics allowed to label its efficacy and indications.
To prepare the implementation of the cosmetic law taking effect from the upcoming July 1, the MOHW drafted the working rules and enforcement decree of the cosmetic law, allowing active ingredients, efficacies, indicat...
Sales forecast of 30 leading drug companies set 17% increases on average.
The drug industry set forth an ambitious sales forecast this year with growth in double digits, the achievement of which, however, seems to be largely subjected to the upcoming medical and pharmacy separation system a...
