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Leading presidential candidates, “Is it necessary to expand emergency household drugs?”

Leading presidential candidates have shown negative opinions over expanding the list of emergency household drugs. The Minjoo Party, Liberty Korea Party, People’s Party, Bareun Party and Justice Party(number order) s...

Candidates’ opinion differences over presidential control tower for pharmaceutical and biotechnology fields

Leading presidential candidates have shown opinion differences over foundation of the presidential pharmaceutical & biotechnology control tower. The Minjoo Party, Liberty Korea Party, People’s Party, Bareun Party and...

Leading presidential candidates raises a voice to implement ‘health care pharmacy’

Leading presidential candidates raise a common voice over necessity of ‘health care pharmacy’ to manage the health of people living in the society. The Minjoo Party, Liberty Korea Party, People’s Party, Bareun Party ...

It takes 87 days to collect receivables for multinational pharmas

Multinational pharmaceutical companies were observed to take average 87 days to collect receivables after selling their pharmaceutical products. The length was 20 days shorter than 109 days that it takes on Korean lis...

Korea conducts 2nd largest number of clinical trials for stem cell treatments in the world

It was observed Korea became a country that conducted the 2nd highest number of clinical trials for stem cell treatments after the U.S. The Ministry of Food and Drug Safety’s National Institute of Food and Drug Safet...

Pharmaceutical distribution industry encountering emergency in supplying products early May

Having the first week of May with alternating holidays and weekdays, pharmaceutical distribution companies encountered an emergency in supplying pharmaceutical products. According to the industry concerned on the 24t...

Current therapeutic categories for emergency household drug kept

While the discussion to adjust the list of emergency household drugs continues still, the chance for the list to be extended became higher. The Ministry of Health and Welfare held the 2nd Council for Adjustment of th...

Foreign pharmas earn KRW 21 out of selling products worth of KRW 1,000 in Korean market

Korean branches of multinational pharmaceutical company were analyzed to earn KRW 21 out of selling products worth of KRW 1,000 last year. According to the Yakup Shinmoon’s(www.yakup.com) analysis result of 2016 audi...

Multinational pharmas pay about KRW 80 million for annual salary per employee

It was observed the average annual salary per employee working at multinational pharmaceutical companies’ Korean branches was close to KRW 80 billion, and employees working at GlaxoSmithKline and Sanofi Pasteur earned...

Foreign pharmas more prefer Korean pharmacists than Korean pharmas do

It was surveyed overseas pharmaceutical companies are more interested in recruiting pharmacists than Korean ones. At the symposium held for the ‘Future Job Openings and Professional Trainings in the Pharmaceutical In...

Pharma industry agrees need of preferential treatments on biologics, but HIRA says “Well…”

Which health insurance standards should biologics, which are evaluated as innovative treatment, meet? The pharmaceutical industry believes that it is necessary to give preference to Korean new drugs and biologics for...

7 of 10 multinational pharmas reduce entertainment expenses due to Kim Young Ran Law

The Kim Young Ran Law enforced last year was analyzed to reduce entertainment expenses on multinational pharmaceutical companies. According to the Yakup Shinmoon’s(www.yakup.com) analysis result of 2016 audit reports...

Multinational pharmas earning tons of money in Korea, stingy over contributions to society

It was observed multinational pharmaceutical companies, earning an enormous amount of money in the Korean market, have been stingy on spending contributions to the Korean society. Moreover, it was observed 9 multinat...

Chance to understand Japanese pharmaceutical market’s status, regulations and health insurance benefits

A chance will be arranged to understand information, health insurance benefits and regulatory information of the Japanese pharmaceutical market. The ‘2nd Korea-Japan Private/Public Joint Medical Device Symposium’ wil...

Draft for the improvement measure of KPA’s electoral system by end of the year

The Korean Pharmaceutical Association’s(KPA) Special Committee to Improve the Electoral System announced “We’ll prepare improvement measures for the rational election, and propose an agenda through public hearings by ...

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