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What are the Brexit’s influences to foreign patient attraction project?

Last February when it has been 8 years since the foreign patient attraction project started by the Amendment to the Medical Law in 2009, Medical Korea Support Center opened the service. Thus, we were able to have con...

KPMA decides to take away KRW-50-billion-rebate Pharmaking’s membership

The Korea Pharmaceutical Manufacturers Association(KPMA) has led themselves to be strict on pharmaceutical companies which get caught for rebates. The KPMA decided to lay an item of the disciplinary action to first p...

Celltrion records highest 63% in gross-profit ratio in 1st quarter

Among listed pharmaceutical companies, Celltrion recorded the highest, 63%, in the gross-profit ratio, and Hwail Pharm, active pharmaceutical ingredient company, recorded the lowest, 14%.   According to the Yakup Shi...

“Legislation announcement about pharmaceutical dispensers contains so many problems”

The Korean Pharmaceutical Association(President Chan-hui Jo) held the Struggle Committee(Chairperson Nam-il Jung, Vice President of the pharmacy division) meeting to block the 3rd regulatory reform to the Pharmaceutic...

“Disused stocks create enormous damages," worth annual KRW 2 trillion

The pharmaceutical distribution industry rolled their sleeves for the ‘Legislation of Returning Disused Stocks.’ As the nations is damaged by disused stocks for trillions of wons, returning them must be legally force...

National Health Insurance fess frozen as this year

As the 2017’s national health insurance fees will be frozen, the insurance ratio will stay the same as the last year. The committee explained the freezing of insurance fees, which will be the first time in 8 years sin...

Brexit might benefit pharmaceutical companies with high export proportions

Although the British withdrawal from the EU has raised sense of crisis, most believe it will not bring a huge impact on the domestic pharmaceutical industry. Pharmaceutical companies with high exports, on the other ha...

The Minjoo Party Leader Sang-ho Woo, “Investments on drug & bio must be expanded”

Leader(The Minjoo Party of Korea) Sang-ho Woo announced plans to promote the pharmaceutical and biopharmaceutical industries as the national strategic industry and prepare support measures for local pharmacies. Anno...

Vaccination fee for NIP confirmed at KRW 18,200

The vaccine fee for the National Immunization Program was confirmed at KRW 18,200. Consultation fess are separated. In addition, vaccine fees are KRW 62,040 for Gardasil and KRW 56,270 for Cervarix. The Ministry of F...

Fierce discussion about telemedicine at 20th National Assembly

The Amendment to the Medical Law to extend the doctor-patient telemedicine, whose discussion was constantly delayed at the 19th National Assembly, seems to be actively developed at the 20th National Assembly, which ma...

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