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Per capital sales of drug firms top 155 million won on average
Per capita revenues of 30 pharmaceutical firms posted an average 155 million won in the first half of this year, according to Yakup.com.
The website’s latest data on the revenues of these pharmaceutical companies l...
KPA president under siege
Kim Gu, president of the Korea Pharmaceutical Association (KPA), is under fire for his decision to allow the sale of 48 over-the-counter drugs at places other than pharmacies.
The National Pharmacists Association i...
KFDA to launch drug safety management service
The Korea Food and Drug Administration said Monday that it will launch a Drug Safety Management Service on December 8.
The newly established organization whose establishment was approved by National Assembly in Apr...
Pharmaceutical firms suffer dismal performance in first half
Yakup.com. said that 33 drugs makers listed on the main bourse reported poor first-half performances on tough regulations and intense competition.
In the first six months of this year, these company recorded all mi...
Lee to name new health minister within this month
President Lee Myung-bak is likely to replace three ministers including Welfare Minister Chin Soo-hee in the proposed minor Cabinet reshuffle by the end of the month, a senior presidential official said Friday.
“Ch...
Doctors incline to prescribe more drugs by pharmaceutical companies’ peddling
Doctors, who participate in pharmaceutical firms-sponsored promotional meetings or overseas academic conferences financed by pharmaceutical companies, tend to prescribe promoted medicines several times, according to a...
Restructuring to sweep pharmaceutical industry
The government’s plan to cut retail drug prices will make it harder for pharmaceutical companies to do business.
Retail drug prices are expected to fall about 17 percent on average beginning next year following a s...
Government urged to nurture domestic pharmaceutical industry
The government should work out measures to encourage pharmaceutical firms to develop more effective and cheaper drugs, strengthening the competitiveness of the country’s pharmaceutical industry, the Korea Pharmaceutic...
Pharmaceutical firms’ revenues up, profitability down
Pharmaceutical companies saw their revenues edge up in the second quarter of the year. But their ability to generate cash from a variety of operating activities fell on worsening profitability as a result of dramatic ...
DHL to launch drug logistics business in Korea
DHL, a global market leader in international express deliveries, overland transport and air and ocean freight, will launch its exclusive delivery service of pharmaceuticals, a preparatory committee of drug distributio...
