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JW shinyak corporation accelerates domestic antibiotics market invasion

JW shinyak corporation accelerates domestic antibiotics market invasion. JW shinyak corporation, a subsidiary of JW Holdings, released a penicillin complex antibiotic 'Moxamen...

The pharmaceutical manufacturers industry urged the hospitals to give consideration to them

It was determined that market based actual transaction price to be abolished, but pharmaceutical manufacturer's society are demanding a quick follow up from the Ministry of Health and Welfare, because large hospitals ...

Korea Health Industry Development Institute insisted tax support to pharmaceutical companies for facilitating M & A

There came out an opinion that requests expanding tax support to facilitate M & A among pharmaceutical companies. Recently, Korea Health Industry Development Institute insisted through the report related to tax suppo...

Generic drug is expanding its market share

 Generic drug is expanding its market share. According to the data compiled by Ubist, outpatient prescription sale in January 2014 was 767.2 billion won, showing 4.5% year-on-year growth. The reason that led the growt...

The Ministry of Health and Welfare and Korean Pharmaceutical Association seem to form Pharmacist policy development committee

The Ministry of Health and Welfare and Korean Pharmaceutical Association seem to form Pharmacist policy development committee to solve a conflict about introducing corporate pharmacy. On this issue of forming the comm...

Last year, Busan recorded the highest average monthly sales in prescription (13.23 million won)

Last year, area with the highest average monthly sale in prescription was Busan (13.23 million won). Area with the lowest average monthly sale in prescription was Chungbuk (​​11.32 million won). It was analyzed accord...

Further discussion about improvement of insurance drug price is expected to be progressed

Further discussion about improvement of insurance drug price, followed by improvement of market based actual transaction price, is expected to be progressed. Related to insurance drug price reimbersement, there appear...

Korean Pharmaceutical Association adopted a resolution opposing introduction of corporate pharmacy and delivering prescription medicine

On Feb 23, Korean Pharmaceutical Association adopted a resolution opposing introduction of corporate pharmacy and delivering prescription medicine in Hall Auditorium of Korean...

Korean Pharmaceutical Association announced their position that they welcome the passing of law amendment containing commission of pharmaceutical officer as lieutenant

Korean Pharmaceutical Association announced their position that they welcome the passing of law amendment in Military Personnel Management Act, containing commission of pharmaceutical officer as lieutenant. On Feb 21...

Wholesale industry pointed out that it may be illegal to provide financial cost to medical care institution

Wholesaler companies are going through financial difficulty because of low distribution margin and low wholesale margin without financial cost from multinational pharmaceutical companies. In this situation, inside th...

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