All Type of News
Drug reclassification is unlikely to impact drug price cut
Currently, all drugs including non-prescription medicines are sold at pharmacies, but the government has decided to designate 44 relatively safe non-prescription medicines as “quasi-drugs” so that retail stores can se...
Drug firms to supply 44 drugs to pharmacy channel only
Although the Ministry of Health and Welfare announced Wednesday that it would allow 44 over-the-counter (OTC) medicines, including Bacchus-D, to be sold at supermarkets and convenience stores, pharmaceutical companies...
Civil group opposes sales of OTC drugs at supermarkets
A civic group for pharmacists said Saturday that allowing the supermarkets to sell over-the-counter drugs will be linked to survival of new cable broadcasters, vehemently opposing the deregulation.
From sometime in...
10 leading foreign companies’ prescription drugs sales top 152 billion won in May
The combined sales of 10 multinational firms in Korea posted 152 billion won in May, up 13.4 percent compared with the same month in 2010, according to Ubist and market analysts.
Sales of Korea’s total prescription...
KPA to delay night rotation system
The Korean Pharmaceutical Association said Thursday it will not implement the night shift system of pharmacies for the time being, which was planned to be available from May 20.
The Korea Pharmaceutical Association r...
Drug stores are reluctant to sell 44 OTC medicines
The Ministry of Health and Welfare announced Wednesday its plan to reclassify 44 over-the-counter (OTC) medicines as general health products that can be purchased anywhere, such as convenience stores and supermarkets....
Debate reignites on Takeda’s margin policy
The debate on whether Takeda Pharma Korea may increase the controversial wholesaler margin is resurfacing after the company increased the number of associate wholesalers from 20 to 70.
All eyes are on whether the c...
Pharmaceutical companies are nervous over OTC restriction at pharmacy
Despite the government’s announcement Wednesday that it would allow 44 over-the-counter (OTC) medicines to be sold in supermarkets and convenience stores, pharmaceutical companies are hesitant to use the new outlets i...
44 OTC drugs to be sold at supermarkets in August
Customers will be able to buy 44 over-the-counter (OTC) drugs at supermarkets and convenience stores as early as August.
The 44 OTC medicines are liquid indigestion drinks, pills for intestinal disorders, pain reli...
Pharmacy companies welcome deregulation of OTC medicines
With the government’s announcement yesterday to reclassify 44 over-the-counter (OTC) medicines as quasi-drugs that can be purchased anywhere, such as convenience stores and supermarkets, pharmaceutical companies welco...
