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Reckless patent lawsuits affected local business shrunk.

Many multinational drug corporations filed excessive patent lawsuits probably for the purpose of blockading business and production activities of domestic drug companies. As the technology of domestic companies are...

Drug Administration Subcommittee faced difficulties in selection of items to test bioequivalency.

The Drug Administration Subcommittee could not make any conclusion regarding the item selection of bioequivalency test and other disputed issues during the meeting on Aug. 30. The Subcommittee failed to reach any c...

Seoul Daein wholesale pharmacy defaulted over 3 billion won.

Daein Yakpoom drug wholesaler (President: Kim Young-shil) located at Yongdoo Dong, Dongdaemun-Ku Seoul, defaulted about 3 billion worth of payment as of Aug. 31. According to the creditor group of pharmaceutical m...

Unfair trade practice in insurance drug market to be specifically illustrated.

Amid impending implementation of the actual purchasing price reimbursement system, the drug industry kept a skeptic position, saying no matter what kind of new provisional system to be tried, the fair trade practice i...

Viagra sale at pharmacy allowed 2 tablets per a day.

The KFDA announced that Viagra was classified as a control drug prone to an abuse and misuse, therefore, restricting sale at pharmacy up to 2 tablets per a day and 8 tablets per a month per a person. The KFDA appro...

Foreigner's drug community seeks government special privilege on new drugs.

The foreign pharmaceutical corporations made a strategic approach to our government through an international diplomatic channel and American PMA for the future new drugs to get the price approval at a higher level tha...

Determination of prescription and dispensing fees to be top issue.

Most of issues raised so far by relevant organizations and civic groups seem to be almost resolved except the determination of fees for physician's prescription and pharmacist's dispensing, which may be surfaced as th...

Domestic and foreign drug firms on patent dispute.

As domestic firms are developing new drugs that could be manufactured by their patented process developed by their own research and technology resulting from the R&D progress through long time investment for their res...

Actual purchasing price system finally adopted.

The medical insurance reimbursement pricing system has been changed to so called "Actual Purchasing Price System", which seems to be implemented at earliest from coming October. The MOHW announced it on Aug. 27 for ...

Promoter's meeting for Orphan Drug Center to establish in Nov.

The Orphan drug center will be established in Nov. as a juridical foundation for the purpose of collecting the updated informations about scarce diseases and drugs to make it data base and provide it to the suppliers...

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