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1999 perspective in drug industry: Insurance drug pricing.

Along with the drug distribution reform project announced by the MOHW on Sept. 28, 1998, the insurance drug price (Reported price: officially permitted average ex-manufacturer's price to hospital) seems to be drastica...

Average debt ratio and amount of 20 listed pharm

The pharmaceutical industrial average debt ratio appeared in favorable figures compared to other industry. The average debt ratio of 20 listed pharmaceutical firms having fiscal year ended at Dec. 31 was reporte...

One-stop service for foreigner's investment.

The government all-out plans for foreigner's investment and M&A are expected to visualize in relevant provisions and concrete implementation schedules. Accordingly, the pharmaceutical industry that h...

Compensational system for dishonor damages under positive progress

By taking unfortunate occasions of Chunil's (Drug wholesaler in Yeosu) nonpayment incidence the pharmaceutical industry concurred that in one way or other a compensational system for drug wholes...

Foreign invested independent management system.

Foreign invested company build up independent management system. a favorable local environment provided them to expand investments for a bright future. By taking opportunity of an IMF crisis many multi...

Implementing plan separation in medical and pharmacy practice

Minister Ju reported to the President on April 10th that the medical and pharmaceutical system would be fundamentally improved for the sake of people's conveniency in utilization of medical facilities and economi...

Super cut-rate pharmacy faced whole business crisis.

Super cut-rate pharmacies have faced almost on the verge of bankruptcy caused by the IMF economic crisis. About 600 super cut rate pharmacies across the nation encountered a sharp fall in sales and num...

Supply crisis of pharmaceutical raw materials and diagnostic

The supply crisis of pharmaceutical raw material and diagnostic reagents seemed to be relieved, but the industry said it too early to feel comfort. As of the end of March the pharmaceutical raw material impor...

Drug wholesaler big deals

It was surprising in pharmaceutical industry that many dishonor cases bursted out recently in drug wholesale sectors, which gave serious business crunch to the industry. A consensus has been widely spreaded in...

Sales ratio of core products declined

According to an analysis of leading listed pharmaceutical firms having fiscal year ended at Dec. 31, the 1997 the sales of core products showed 729,200 million Won, which was 36.6% of the total sales of 1,999,20...

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