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From next year, the domestic-foreign medicine permission is linked

(Yakup Shinmoon) Beginning next year, permission support policies are promoted to enable the export of domestic pharmaceutical industry. On Dec 30, Ministry of Food and Drug Safety announced the policy about 2014 s...

The bill mandating payment date for medicines to be within six months was brought in

(Yakup Shinmoon) On Dec 30, the Legislation and Judiciary Committee brought in the bill mandating payment date for medicines to be within six months. There is 1 year and 6 months grace period for medical institutio...

Pharmaceutical businesses have changed their perspective on pharmaceutical wholesalers due to severa

Pharmaceutical businesses have changed their perspective on pharmaceutical wholesalers due to several issues. (Yakup Shinmoon) Pharmaceutical businesses have changed their perspective on pharmaceutical wholesaler...

Yuhan Corporation will be join the members of 1 trillion Korean won as sales achievement

Due to over 1 year after new introducing drugs, marketing expense has reduced and profitability has increased. (Yakup news) 2013 Sales of Yuhan Corporation is about 916.9 billion Korean Won. Therefore, they will j...

After establishing corporation pharmacy of pharmaceutical company and big pharmacy, a preventive mea

After establishing corporation pharmacy of pharmaceutical company and big pharmacy, a preventive measure of collusion is being arranged. Ministry of Health and Welfare explained concerned word. … “Life will be more c...

The MOHW confirmed to relax the regulation in which wholesaler warehouse area has to be the size min

The MOHW confirmed to relax the regulation in which wholesaler warehouse area has to be the size minimum of 80 pyeong. (Yakup news) MOHW (Ministry of Health and Welfare) The regulation mandated by April 2014, i...

Wholesalers strengthen to oppress multinational pharmaceutical companies. ‘Is it effective?’

Some wholesalers addressed to review distribution margin. Handok’s admit of financial cost affects hugely. (Yakup Shinmoon) About pharmaceutical wholesalers’ request of adjusting distribution margin including admi...

Green Cross as wholesaler corporate body will carry forward ‘Glienke’ IPO, strengthening to target m

Green Cross as wholesaler corporate body will carry forward ‘Glienke’ IPO, strengthening to target markets of China. They will cover for regulatory, marketing, and distribution, and perform as a matchmaker to expand ...

Korean Medical Association proceeds with a group lawsuit against KPIC who has leaked private informa

Korean Medical Association proceeds with a group lawsuit against KPIC who has leaked private information sources. (Yakup Shinmoon) * KPIC(Korea Pharmaceutical Information Center) Korean Medical Association has ...

24 drugs’ patent for substances such as Nexium, Cynbalta will be run out in 2014

The Korean Intellectual Property Office (KIPO) published ‘collections of patent for substances planning to be run out in 2014’. (Yakup Shinmoon) 24 drugs’ patent was published to be run out in 2014. Nexium of A...

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