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Imported drug insurance price likely to settle in 2.1 folds of landed price.

The insurance reimbursement price for imported drugs will be listed to the official reimbursement book from July this year after due determination of its guideline probably within the range of 2.1 folds over the landi...

Drug purchasing at local health centers had no fair trading orders.

A massive drug price dumping took place at local medical institutes and health centers in Pusan, Kyungnam and Chunnam provinces from Jan. to March this year, giving worries to drug wholesalers and makers that such pri...

Administrative punishment over Ferritin fraud to be executed as determined.

(Newsflash) The KFDA plans to execute the administrative punishment over the illicit Ferritin preparations and continue the investigation of illegal drugs although the relevant drug makers expected at least a chanc...

Local drug communities jointly to cope with Juellig's market entry.

The KPA is now in preparation of various strategies to cope with the local market entry of Juellig, a Swiss gigantic drug wholesaler. Zuellig is a multinational distribution corporation having founded in Switzerlan...

MOHW lures physicians and pharmacists to participate in medical and pharmacy separation.

The MOHW concluded that a successful launch of the proposed medical and pharmacy separation system in July next year as scheduled could be only accomplished with proactive and cooperative wills of physicians and pharm...

Medical Institutes must issue prescriptions to be filled outside.

Citizen's Commission for Medical/Pharmacy Separation (temporary called) organizing with representatives from civic groups such as the Citizen's Coalition of Economic Justice(CCEJ), the People's Solidarity for Particip...

Drug maker 's sales relied more on wholesalers

The IMF economic crisis has made quite an influence to the drug distribution structures, showing that the drug maker's sales grew up significantly through drug wholesalers and export but remarkably plunged in ...

Plans to establish "Awards for new drug development".

The New Drug Development Promotion Association (Chairman: Mr. Kim Sun-jin, President: Mr. Lee Kang-choo) took an opening ceremony of "New Drug Development Exhibition" located at Seoul Science Hall on March 12 and anno...

Drug wholesale via Internet now on first step.

A drug distribution through the personal computer communication system started only 3 years ago, but now it is visualized for a tele-marketing activity in drug wholesale business area to be soon popular via cybermarke...

Daewoong Chemical stocks to put on bourse in Sept.

Daewoong Chemical Co. (President: Moon Soon-ku), a pharmaceutical raw material producer currently enjoying a rapid growth announced to put their stock into the public stock market around coming Sept. The paid-in c...

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