All Type of News


First new drug by domestic research soon to come out.

The introduction of the first NCE (new chemical entity) drug in Korea appears to speed up by SK pharmaceutical company, and for the same race Dongwha and Daewoong closely followed. Pacific pharmaceutical announced ...

KPMA forms task-force for amelioration of drug pricing system

The KPMA decided to suggest the ideal amelioration plan for the drug insurance price system to the health ministry since the forthcoming government massive price reduction on insurance drugs had to be delayed. For thi...

Insurance drug pricing guidelines on imported drugs to be readjusted.

The insurance reimbursement price guideline on imported drugs seems to be readjusted to accept compromising price determination based on the current market prices. The Expert Commission for Medical Insurance Drug P...

Foreign drug corporations against insurance price policy.

The MOHW adjusted prices of 917 imported drugs and called for price confirmations by inviting the foreign multinational drug companies between June 7 and 8, which was the second time program for drug importers to insp...

Low import drug pricing may hamper entry of new drugs.

Due to unreasonable price policy on the imported drugs currently proceeded in the government a new drug especially in use of difficult diseases seems hardly to be introduced into Korean market. The government insuranc...

Zuellig may start their business from coming Sept.

A sister company of Zeullig Pharma, KLS (Korea Logistics Services Co. Ltd.) announced that an overall drug distribution business would initiate from Sept. 1999 for the service of which drug manufacturers are intending...

KPMA said no drug price reduction unless provisions amended.

On the first courtesy visit to the new Minister of MOHW on June 2 the KPMA explained difficult situations of the drug industry and serious concerns about the government drug insurance price policy, and strongly asked ...

MOHW announced preventive measures against rebate on drug deals.

The MOHW announced a prevention measure against rebates on the drug deal in the 3rd meeting for normalization of insurance drug and other medical reimbursement prices on June 4 at the Health Industry Promotion Board, ...

Insurance reimbursement of imported drugs on rejection movement

Both of foreign pharmaceutical and local drug import trading company strongly backlashed against the government insurance reimbursement plan for imported drugs which already reflected overall price slash when assessin...

Average daily sales volume of pharmacy at 393,019 won

The KPA assigned a survey for "Management guidance of a model pharmacy under the medical and pharmacy separation system" to Seoul National Univ. Graduate school of public health, conducting 414 retail pharmacies acros...

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