News About: Goverment


228 new drug approvals after 2010, 13 of them developed by Korea

There have been 228 products approved as new drug in Korea since 2010, and 13 of them were developed by Korean pharmaceutical companies. According to the Ministry of Food and Drug Safety, the number of new drugs appr...

HIRA reveals 84 medical institutes well treating breast cancer

Which medical institutes are good at treating breast cancer that is common for women in the 40s? According the result of the 1st to 4th propriety studies for breast cancer, the total 84 institutes received Grade 1. T...

MFDS designates products similar to teeth whitening as quasi drug

Products that are similar to teeth whitening kits will be controlled by being designated by the government as quasi drug. The Ministry of Food and Drug Safety(MFDS) made a partial revision to the ‘Notification of the...

Pharma industry will take lead in ‘Job Creation,’ key assignment of the new administration

As ‘Job Creation,’ one of the main promises made by President Jae-In Moon of Korea, intersects with the pharmaceutical industry’s ability of creating jobs, it has been highly expected that the government would be more...

High expectation in health insurance benefit negotiation with Jae-In Moon administration’s ‘reasonable benefits, reasonable burden’

The first 2018 health insurance benefit negotiation was completed for each association. Negotiation teams, which took a brief look at the entire negotiation process, expressed that increases in the health insurance b...

5-Year-Cyle Pharmaceutical Product Renewal System to be enforced from this June

A policy for pharmaceutical products to get approval and renewal every 5 years will be enforced from the coming June. The Ministry of Food and Drug Safety(MFDS) announced enforcement of the Pharmaceutical Product Ren...

Rep. Seung-Hee Kim, “The key of ‘reasonable benefits, reasonable burden’ is how to make financial resources”

While the 19th President Jae-In Moon administration is expected to make changes in the health care policies, Rep. Seung-Hee Kim(Health & Welfare Committee) at the Liberty Korea Party, which has become an opposing part...

Which health-related proposals the new administration will take?

The pharmaceutical industry has paid sharp attention to the new administration’s policies and directions related to the pharmaceutical and biotechnology industry. First of all, the pharmaceutical industry expects the...

MFDS changes status of medical narcotic monitoring from ‘regular to frequent’

The frequent onsite monitoring system will be operated as a measure to prevent misuse and abuse of medical narcotics, and the number of pharmaceutical products for the monitoring will be extended to 49 products. The ...

KPBMA, “It is necessary to install presidential control tower”

The Korea Pharmaceutical and Bio-Pharma Manufacturers Association(KPBMA) made a request to 19th President Jae-In Moon for ‘Installation of the Presidential Control Tower,’ which will create a valuable result called ‘n...

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