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Consolidated information system to be built up for drug distribution.

The MOHW plans to operate a consolidated information system through the EDI network system build-up for drug distribution to be rapidly, accurately and transparently traded in all process of ordering, shipping and cre...

Bayer Korea assigned toll manufacturing to Handok and Searle

Bayer Korea sold out its Namyang plant and facilities to C-Tri company on Sept. 23, and decided to make a toll manufacturing for their branded products, Glucobay tablets, Bypress tablets, Nimotop tablets and Cyprobay ...

KFDA approved 3 orphan drugs.

The KFDA recently approved 3 orphan drugs, Temozolomide (an anticancer drug), Interferon beta-1a (drug for a multiple sclerosis) and Trustjumap ( HER2 :human epidermal growth factor receptor 2 protein, for a breast ca...

Excise tax abolishment on tonics to make effect date earlier.

The government's abolishment plan of excise tax on nutrient and tonic drugs seems to be advanced by one and half months earlier than the original schedule, Jan. 1, 2000 when the National Assembly passes the revised ta...

Working Promotion Headquarter for separation program to be formed.

The implementation plans for the medical and pharmacy separation system have been well settled down along with the advanced legislative declaration of related provisions. The MOHW therefore plans to organize a "Workin...

Drugs sold more through wholesalers than retail pharmacies during first half of 1999.

During the first half of this year overall drug sales of leading pharmaceutical manufacturers made a remarkable increase through drug wholesalers and hospitals rather than direct trade to retail pharmacies tha...

Actual Purchasing Price Reimbursement system to be launched from Feb. next year.

The actual purchasing price reimbursement system originally planned to implement at the same time with the government overall price cut of insurance drugs from Nov. 1 seems to be postponed until February next year aft...

KFDA designated Viagra as a control drug.

The retail pharmacy should keep a copy of physician's diagnostic certificate covering Viagra medication at the time of selling it for the first time to a patient if the patient asks for return of the diagnostic certif...

6.8% growth of drug sales forecasted in 2000

An analysis reported by Dae Woo Security Company forecasted the net sales growth of major listed pharmaceutical manufacturers having fiscal year ended at Dec. 31 at 2.9% in 1999, which is lower than 9.8% of 1998. Howe...

Drug prices soon to slaInsurance sh

(Urgent) The government seems to execute very soon the pending plan of overall insurance drug price slash that has been tackled to the simultaneous increasing plan of the medical reimbursement prices. Before ann...

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