News About: Goverment


MOHW starts study for Public Pharmaceutical Company Control Tower to supply and control national essential drugs

It seems a study will be conducted to check possibility of having a control tower for the National Essential Pharmaceutical Product and public pharmaceutical companies. Even at a recent confirmation hearing, Neung-Ho...

No exception in using name similar to drug or substance

A legal interpretation was made that there was no exception in using a name similar to a name of drug or substance unless it is a pharmaceutical manufacturer, such as pharmaceutical company. The Ministry of Governmen...

Health-related government tasks unveiled

The government suggested 70% for the National Health Insurance coverage by 2020 as a government project. It will also set up the role of primary medical institute and large hospital and strengthen medical publicity by...

MFDS raises transparency of approval and evaluation for drugs and biologics

The Ministry of Food and Drug Safety(MFDS) will adopt and run the ‘electronic recording system for civil affairs’ to raise transparency of the drug and biologic approval evaluation process. The MFDS announced to cond...

MFDS’s plan to create GMP evaluation system meeting international standards, such as PIC/s

In order to establish a GMP manufacturing facility control system that meets the international standards, such as PIC/s, the Ministry of Food and Drug Safety(MFDS) will prepare a new GMP onsite system from the next ye...

Template for financial gain & expenditure report still causes more questions in pharma industry

While getting ready for the ‘obligation of the financial gain & expenditure report’ that will be enforced from the next year, the pharmaceutical industry has raised more questions about methods of completing the repor...

Next year’s minimum wages decided at KRW 7,530

As the minimum wages made the highest increase ever for the next year, it is expected to impact businesses in the healthcare industry. The Minimum Wage Commission held the 11th plenary meeting at the Sejong Governmen...

What are the chances to legislate ‘prescription of creams for volume less than minimum packaging unit’

It seems regulations for ‘prescribing cream and ointment products for the volume less than the minimum packaging unit’ – it has been a problem in the pharmacy circles – would not be legislated. Prescription of drugs ...

‘Coexistence’ of expectations and concerns over appointment of politician as MFDS

As Young-Jin Ryu, Chairman of the Busan Pharmaceutical Association, is appointed as the Jae-In Moon’s first Minister of Food and Drug Safety, employees at the Ministry of Food and Drug Safety(MFDS) seem preoccupied on...

National Tax Service imposing KRW 15.6 billon additional fine on Daehan New Pharm

Daehan New Pharm announced on the 13th that the Seoul Jungbu Regional National Tax Service charged an addition fee of KRW 15.6 billion, 22.01% of its equity. The addition fee is followed by consolidated investigation...

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