News About: Goverment


“Government must let the medical field know of ways to guarantee profits from the coverage extension plan”

“The government has no choice but to give a higher price than product cost for the medical industry in the process of making a drug insured. People need to know of this.” Yong-Ik Kim, a former The Minjoo Party repres...

Biologic & drug-related licenses to be created in 2019

If licenses related to medicine are created next year, they are expected to be implemented in the 2nd half of 2019. Certification Analysis and Planning Team Manager Seok-Geun Jang at the Human Resources Development S...

MFDS with a high chance of personnel reshuffle for director-level officers and local government chiefs

In order to stabilize the ministry’s organization and avoid confusion, Minister Young-Jin Ryu of Food and Drug Safety is expected to carry out a personnel reshuffle on director-level officers and local government chie...

MFDS, “Melatonin cannot be used for health functional food”

In response to a request to change the status of melatonin from medicine to food(health functional food) for insomnia, the Ministry of Food and Drug Safety(MFDS) said ‘no.’ Under the current Pharmaceutical Affairs La...

What are development strategies suggested by MFDS for Korean pharmas?

Even since the Patent Linkage System was adopted, about 2,000 patent trials were filed and the court have also started to have different opinions on patent requirements. Thus, Korean pharmaceutical companies were also...

Additional medical records of approx. 40 million people leaked by HIRA

The Health Insurance Review & Assessment Service(HIRA) was discovered to provide data which include medical records to leading private insurance companies, Samsung Life Insurance and Kyobo Life Insurance, in Korea und...

Company must be responsible even for an employee’s deviant behavior

The Ministry of Health and Welfare(MOHW) announced to make a company responsible even for an employee’s deviant behavior related to illegal rebates as a rule and to create measures so that the company would not take e...

“We’ll adjust health insurance benefits for disposable eye droppers using re-cap containers”

The Ministry of Food and Drug Safety(MFDS) announced to seek for a policy to support safe use of disposable eye droppers as adjusting their price by making a request to the Ministry of Health and Welfare(MOHW) to inhi...

What are impacts of excluding national university hospitals for ‘MOHW’s adjustment of market price’

While inspections have been active as details for the market price adjustment is certain in the next year, the pharmaceutical field and the distribution industry have had mixed feelings over exclusion of national univ...

Korea having drug expenditure ratio 27% higher than OECD average

The Korea’s ratio of pharmaceutical expenditures to health expenditures was 27% higher than the OECD’s average, which raised an argument that it was important to make efforts to reduce drug expenses. Experts argued th...

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