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2,188 pharmaceutical distribution companies, crowded with product distributors
Product distributors(distributors handling only a few products) were criticized to distort the pharmaceutical distribution order in all over the places.
According to the Pharmaceutical Management Center, there were 2...
Health care industry makes USD 11.7 billion exports this year, USD 2.7 billion only with drugs
While exports in the health care industry by this 3rd quarter reached USD 11.7 billion, drug exports were recorded at USD 2.7 billion. The pharmaceutical industry is expected to achieve USD 3.59 billion exports at the...
Legislation to allow a pharma to use medicines for clinical trials for treatment of rare disease patients
Bareun Party Rep. In-Sook Park representative tabled a revision bill to the Pharmaceutical Affairs Law which allows a pharmaceutical company to conduct clinical trials on rare disease patients on the 6th.
The current...
Pharmas manufacturing national essential medicines will preferentially treated at drug price negotiation
Pharmaceutical companies which manufacture drugs that are essential for the national policies, but are in a difficult situation due to poor playability, are expected to be preferentially treated, like at drug price ne...
MOU between KPBMA and KOTRA for Korean pharma’s entry to global markets
The Korea Pharmaceutical and Bio-Pharma Manufacturers Association(Chairman Hee-Mok Won) and the Korea Trade-Investment Promotion Agency(President Jae-Hong Kim, KOTRA) will tighten up their relationship in various fiel...
Foreign CROs hot in Korea, accounting for more than 30% of total CROs in Korea
In the Korean clinical study market, foreign CROs(contract research organization) are reportedly getting popular.
According to the ‘Korea Clinical Trail Industry Statistics’ published by the Korea National Enterprise...
Will all the credits for biotech & pharmaceutical licenses go to MFDS?
The creation of licenses in the biopharmaceutical field, which was scheduled for enforcement last November, has been stuck in the government agency and association level after the pharmacists’ society.
The Ministry o...
1st Anniversary for Watson Introduction with 9.4 out of 10 rating
Patients have reportedly given a high customer satisfaction rating on Watson for Oncology(hereinafter referring to Watson), a IBM’s artificial intelligence(AI) system.
At the ‘1st Anniversary Symposium for IBM Watson...
Will candidates for KPDA Chairman fight over policies?
The 35th presidential election of the Korea Pharmaceutical Distribution Association has attracted attention of the people if it would become a place to compete over policies.
Since Seoul Pharmaceutical Distribution A...
Payment Due for Medicines warns pharmaceutical and distribution industries
As the ‘Payment Due for Medicines’ will be enforced from the 23rd of December, a warning has been issued among distribution companies over the working funds cycle.
It was criticized even though it is a system which w...
