All Type of News
Pharmaceutical firms eye OTC price hike
Influenced by 20% price increase of Ildong Pharmaceutical’s Biovita, domestic pharmaceutical manufacturers are considering a price hike of their over-the-counter drugs in order to boost their revenues, industry source...
Small drugmakers cut back pharmacy operations
Small- and medium-sized pharmaceutical firms are reinitiating their business with wholesalers by pulling out their direct pharmacy operations.
The main reason for their exit was the gloomy outlook on pharmacy marke...
Priority policy for clinics will dampen hospitals
Two medical camps have expressed their mixed reaction over the patient’s out-of-pocket money in hospitals and clinics.
In a New Year meeting, the Korea Medical Association President Kyung Man-ho said that the medic...
Smoking rate in adult men falls below 40%
The rate for adult men dropped to 39.6 percent last year thanks much to the nation’s antismoking campaign, the Ministry of Health and Welfare said Sunday.
In a survey of 3,000 men and women across the country last ...
New DMF system takes effect
The Korea Food and Drug Administration said that the new drug master file system takes effect from this month.
The current regulation requires a submission of DMF related information to the drug agency by a person ...
Restriction on OTC sales should be lifted
A total of 25 civic groups demanded that the government push for a regulation change to allow over-the-counter drugs to be sold at supermarkets and other non-pharmaceutical stores.
These civic groups will have a pr...
Multinational companies spur OTC strategies
Some multinational firms here are focusing more and more on over-the-counter promotion strategies to overcome difficulties in domestic markets, as they witness a fruitful outcome.
Facing such difficulties as regula...
432 items to be re-evaluated for bioequivalence
The Korea food and Drug Administration announced on January 3 that a total of 432 drugs (23 active pharmaceutical ingredients), including combination drugs, will be re-evaluated for bioequivalence.
By combined acti...
Top 10 wholesalers revenues up 11%
The 10 Korean pharmaceutical wholesalers saw their revenues jump on their vigorous business activities last year.
According to a tentative tally compiled by Yakup Shinmoon, the combined revenue of 10 wholesalers ro...
Bill to nurture pharmaceutical industry should be passed earlier, experts say
The National Assembly will have to pass the pending bill to nurture the local pharmaceutical industry in order to make domestic drug makers more globally competitive as part of efforts to foster the industry as one of...
