All Type of News
Hospital Association enforced to launch medical and pharmacy separation pilot project.
The Korea Hospital Association (KHA) is going to launch a pilot project jointly with the civic groups for the medical and pharmacy separation practice sometime in March for suggesting the most ideal separation model. ...
Domestic companies to rush in bioengineering industry.
Having assessed the bio-engineering industry as a super high technological and value added areas, many domestic enterprises including pharmaceutical manufacturers tried to make an investment rush.
Korea Industrial Re...
Cisapride market to be more competitive by Hanmi's new entry.
Hanmi introduced Cisaple tablet (Cisapride 5mg), a GI motility regulator to compete with Janssen's Prepulcid and other's Cisapride generic markets.
Cisapride generics were introduced recently by Daewoong and Kyung...
Il Dong headach on the similar company name
A dietary supplemental product named "Long-gard", promoting for a children's growth, was sold in the pharmacy market under the company named "Il Dong Natural", for which Il Dong pharmaceutical company worried their bu...
Drug fair trade policy conflicted with hospital's demands for supply margins.
Even after implementation of the government new insurance drug pricing policy, the Actual Purchasing Price Reimbursement System, many hospitals have asked for 5 to 10% of drug supply margins, for which the drug indust...
Wide spread of insurance drug supply at dumping prices worried.
A massive insurance price slash expected inevitably to happen as a result of wholesaler's endless drug supplies to national, public and private general hospitals at dumping prices from the early of this year, for whic...
Hospital's bidding in total value, a stumbling block to government new pricing system.
Some national and public hospitals exercised their bidding for purchase of insurance drugs in a total value system to get better drug supply margins, which, in turn, brought a serious market disorder in drug trades di...
Cisapride on harsh patent dispute.
Janssen Korea's Prepulcid (cisapride), one of the top ethical drugs in the hospital market and a GI motility regulator, had earlier met an unprecedented challenge with many Cisapride generic products developed by dome...
Total value bidding system needed to reform.
National and public general hospitals have exercised so called "Total value bidding system" when inviting their public tender for purchasing of insurance drugs, which was packaged by a therapeutic group or by a total ...
Prices of nutrients and tonics cut down by 25%.
The government abolished excise taxes having levied on nutrient and tonic drugs on Dec. 3, last year, which may lead to 25% price reduction for some products.
According to the price survey for 50 drug manufacturers...
