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“Replaced Dispensing with Low Price Drugs, Threatening the Right of Prescription of Medical Communit

Opposing against Enforcement of Applicable Act of Grant such as campaign development of ‘No Replaced Dispensing’ (Yakup Shinmoon) Medical community resists against ‘policy of grant for replaced dispensing with lo...

Mid & small-scale companies uptrend in 4Q Rx mkt

'Top 10' markers diminished vs. low rankers increased (Dailypharm) Top pharmaceutical companies are displaying an increase in sales performance amid a decrease in sales of prescription drugs. It is well known ...

Some Tylenol SKU is on indefinite out of stock, ‘When solved?’

Continuing from the end of October … “Partially Supplied in recent several days” (Yakup shinmoon) Some Tylenol SKU has been continually out of stock. This gap lasts for a month. Nowadays, some pharmacists say, ...

No progress Pharmaceutical Industry 5 year Plan, When Will Do Follow-Up Action?

Government’s Splendid Saying ‘Promoting Pharmaceutical Industry’ but Unclear Action Plan (Yakup shinmoon) Pharmaceutical firms pay attention to the contents of the follow-up action of Pharmaceutical Industry 5 yea...

“Some pharmaceutical firms Providing Distribution Margin Below Break-Even Point will not Look Idly.”

The Korean Pharmaceutical Wholesaler Association (KPWA) Deny the Product distribution … Considering to Report of Illegal sale activities to Authorities (Yakup Shinmoon) Offensive of the wholesalers will be enforce...

“Lower the generic drug price to eradicate illegal rebates,”

KMCA said that Generic is 92% of original and the price should be between 20 to 30% which is the advanced country level. (The Korean Doctors’ Weekly) Medical community is requesting the revision of ‘Dual punishme...

LG life Science launches the first diabetes treatment combination drug in Korea

471 won / tab. Through Insurance price negotiation.. one tab daily, convenience improving of 1 tab daily (Medipana) LG Life Science finished the final price negotiation of diabetes treatment combination drug, ‘Ge...

Pharmaceutical Firms Converted to Holding Company System, “Divided Just Formally”

Purpose of Separation of Investment-Business … Actually, Continuing Previous Management System (Yakup Shinmoon) Some pharmaceutical firms converted to holding company system have ‘formally’ divided. Actually, they...

Despite Exchange Rate Down, Major Pharmaceutical Firms Achieving Their Export Target ‘No Doubt’

Standard of Defense of Exchange Rate of Korean Won and U.S. Dollars Has Taken, Affection to Export Markets’ Diversification and Expand. (Yakup Shinmoon) Despite a weak dollar, there is no problem with major pharma...

92% of Doctors Answered “Yes, will Join” to the Survey on Anti-Government campaign.

The Result of a Survey of KMA, for Struggle of Fundamental Revolution of Medical Policy, 89% Voted ‘Yes’. (Yakup Shinmoon) The Korean Medical Association (KMA, President Hwan-Gyu, Noh) announced the result of a su...

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