1999 perspective in drug industry: KGSP approval.

As of Dec. 30 the total 126 wholesalers have passed the KGSP requirements, which was about 30% of 430 wholesalers across the nation. Starting from Woojung Wholesaler (Chairman: Choi Min-il), over 120 wholesalers have obtained the KGSP approval within 2 years.

The government implemented the KGSP system from Dec. 1994 in an attempt to fully control the safety and efficacy of drugs and thereby...