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Poor report compliance of insurance drug purchasing price list.

The government insurance drug price administration has encountered serious challenges. The actual purchasing price lists of insurance drugs were supposed to report to the government (KFMI) in compliance with the new p...

Stock prices of pharmaceutical industry sensitively moved by new drug development.

Overall stock prices of pharmaceutical industries last year showed an ultimate bipolar phenomenon in the bourse with a great wave of fluctuation, manifesting comparatively higher figures with the R&D oriented pharmace...

6 hospital affiliated wholesalers accused

The civic group accused 6 affiliated drug wholesalers to medical institutes to the National Tax Service on charge of violating the anti-monopoly and the fair trade provisions. The Citizen's Coalition for Economic ...

Domestic and multinational drug corporations on hot struggles for survival.

A battle for the pharmaceutical market share between domestic and foreign multinational drug companies has shown a fearful competition for survival, which was more accelerated by a brisk movement of local companies' R...

President election for Seoul KPhWA on dual contest.

The election for the president of the Seoul pharmaceutical wholesale association (KPhWA) became a dual contest between Mr. Lim Kyung-whan, the present president and Mr. Kim Kun-seung, the head of hospital wholesale di...

Drug industry on hot head-hunting for sales.

Recently many help-wanted advertising by drug companies for sales area appeared on the public mass media after Dec. last year, indicating a favorable trend of once ailing industry after the IMF economic turmoil. K...

Separation Cooperative Council to set up administration plans by early Feb.

The MOHW assigned study works to the Korea Institute of Health and Social Affairs (KIHSA) to complete various plans related with the operation programs of Separation Cooperative Council, Drug Inventory Reserve Center,...

Drug makers and franchise companies to vie with each other for new drug markets.

The drug manufacturers and the drug franchise companies are struggling hard to multiply their sales in the retail pharmacy markets to cope with the forthcoming implementation of the medical and pharmacy separation pla...

Hospital to suspend their account payable to drug suppliers.

Some general hospitals suspended their account payable to drug suppliers in an excuse that the primary medical institutes requested a postponement for their due reports of insurance drug purchasing price list to the g...

Franchise chain drug stores to introduce 400 new products.

To cope with the upcoming new market environmental changes under the government medical and phamacy separation plan as scheduled to launch from July 1, for which the retail pharmacy community feared to bring out a pos...

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