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Pharmaceutical wholesalers seeking to maintain unified distribution channel
Local drug wholesalers are making all-out to advocate the exclusive role of wholesalers in the domestic drug logistics business amid opposition from the Korean Hospital Association.
They said consolidation of whole...
Government urged to re-establish pharmacoeconomics program
The government will have to re-evaluate the economic effectiveness of antihypertensive agents by clinicians who can induce a clinical rationale based on fair and transparent standpoint, the local two organizations sai...
State-fund to be earmarked for pharmaceutical companies
A bill to foster global pharmaceutical firms through the creation of a large-scale R&D fund and offering various tax benefits to local companies will be submitted to the National Assembly after June 2 local elections,...
50 pharmacies to open at night in July
The Korean Pharmaceutical Association (KPA) said on July 24 it plans to designate 50 pharmacies that will open at night from this July in each district nationwide due to deregulation of rules regarding making profits ...
KFDA requires additional warning for co-administration of 30 medicines
The concomitant therapy of 30 drugs carries the risks of side effects, and from now on, the Korea Food and Drug Administration (KFDA) says those risks have to be spelled out in detail on the product labels.
The dru...
Doctors oppose drug pricing policy
The Korean Medical Association (KMA), the nation's largest group of doctors, and the government have clashed over the controversial plan to assess the economic effectiveness of conventional medicines, including antihy...
KFDA to make public screening guideline for superbiosimilars in September
The Korea Food and Drug Administration said it will form a working group to formulate a new guideline for biological products, the so-called superbiosimilars or biovectors as early as in September.
“The guideline w...
Green Cross gets WHO prequalification
Homegrown vaccine Greenflu-S has received the prequalification certification from the World Health Organization, Green Gross Corporation said on May 23.
According to Green Cross, the WHO will allow the Korean firm ...
Pharmacists seeking to designate associate wholesalers
The Korean Pharmaceutical Association says it will designate associate wholesalers per region in a bid to purchase drugs at lower prices and deal with returned goods.
The move came when the government announced a p...
130 items subject to small package system
Drug makers should manufacture a total of 130 drugs in small package to meet the demand from the Korean Pharmaceutical Association, according to the Korea Pharmaceutical Manufacturers Association.
Under the recent ...
