All Type of News
333 imported drugs registered to insurance reimbursement scheme.
The insurance price registration of imported drugs will start from July 1 but its reimbursement scheduled may take effect from Aug. 1.
As of 9:00 am of June 30, 333 imported drugs (from 66 companies) out of the tota...
KRPIA stressed principle of no registration and urged to correct price determination guideline.
Amid the government enforced schedule of implementing the insurance price registration process for imported drugs from July 1, the foreign drug company circle has still kept claiming that the government insurance pric...
Insurance drug pricing reformed to actual purchasing price system.
The MOHW announced to change the current insurance drug pricing system based on the reimbursement at reported prices to at actual purchasing prices in order to eliminate any profits accrued by use of drugs in the medi...
Insurance price of imported drugs to be registered in July and effected from Aug.
The MOHW took a meeting of Medical Issuance Price Evaluation Commission on June 28 and decided that the insurance reimbursement price of imported drugs should be registered and announced in July 1 as originally planne...
Major drug companies caught in trap of slow growth.
87 leading pharmaceutical firms made the total sales at 4,575,400 million won in 1998, which was merely 2.3% increase from the previous year of 4,474,100 million won and 7.2% point lower than 1997 of 9.6%, indicating ...
Announcement of revised working rules of pharmaceutical affairs law.
The revised draft of the working rules of the pharmaceutical affairs law was announced on June 26. After 20 day public announcement period, the revised bill will take effect, which covers overall rationalization of th...
Separation Operating Commission to form 3 Subcommittees
The Separation Operating Commission of MOHW made schedule to have the first official meeting on June 30 at the conference room of the MOHW to prepare detailed procedures and action plans for implementation of the medi...
Average retail pharmacy stock numbered 509 products.
A retail pharmacy sells about 509 products on average including 436 drugs, about 86%, and 31.4 quasi-drugs, 31.2 oriental herbal granules, 4.3 health supplement foods and 3.5 health related equipments according a surv...
KFDA reported equivalent drug efficacy plan to MOHW
The KFDA clarified that an encatment of the temporary special provision should be required for the equivalent drug efficacy verfication retroactive to all drugs the government already authorized if the government had ...
Multinational drug corporations made favorable growth.
It is very interested to see a contrast phenomena in business management performances between the local and the foreign multinational drug corporations after the IMF economic turmoil. The foreign multinational corpora...
