News About: Goverment


FTC’s inspection on unfair uses of patent rights in pharmaceutical and bio-tech fields

The Fair Trade Commission(FTC) will inspect unfair uses of patent rights in the pharmaceutical and bio-tech fields. Fair Trade Commissioner Sang-Jo Kim announced a plan to carry out the 5 key projects in the followin...

Rep. Joo-Hong Hwang tables bill to abolish MFDS

A bill was proposed to abolish the Ministry of Food and Drug Safety(MFDS) and transfer its work other governmental bodies. People’s Party Rep. Joo-Hong Hwang representatively tabled the ‘Partial Revision Bill to the ...

Health and Welfare Committee conducts parliamentary inspections between 12th and 31st of October

Regular parliamentary inspections of the government offices will be conducted between the 12th and 31st of October. Ruling and opposing parties of the National Assembly Health and Welfare Committee agreed to have ins...

MFDS announces 2,020 products applied differentials for small packaging rule

On 13 September, the Ministry of Food and Drug Safety(MFDS) announced 2,020 products which do not follow the differential small-quantity packaging standards for medicines. The announcement indicated 655 products for ...

Rep. Mi-Hyuk Kwon tables a bill to adopt ‘class action system on foods and quasi drugs’

The Minjoo Party Rep. Mi-Hyuk Kwon tabled a partial revision bill to the Framework Act on Food Safety and the Pharmaceutical Affairs Law which contains articles about the ‘adoption of the class action system’ and the ...

Strengthened health and medical cooperation between Korea and Russia

The Ministry of Health and Welfare(Minister Neung-Hoo Park, MOHW) visited Vladivostok, Russia to participate in the 3rd Eastern Economic Forum with the 16th Korea-Russia Joint Committee of Economy, Science and Technol...

National Assembly Budgeting Office estimates KRW 27.8 billion a year for adopting public late-night pharmacies

The National Assembly Budgeting Office estimated average KRW 27.8 billion a year for adopting public late-night pharmacies. The office recently revealed an expenditure estimation for the ‘Partial Revision Bill to the...

MOHW promises policies about public medical services and industry development to the president

The Ministry of Health and Welfare(MOHW) will improve chronic disease management services mainly from local clinics to the government’s public medical profile and nurture the pharmaceutical industry ahead of the Fourt...

MFDS provides foreign precedents about 30 pharmaceutical patents

In order for Korean pharmaceutical companies to be preventive and responsive on patent disputes, the Ministry of Food and Drug Safety(MFDS) announced to provide the ‘Foreign Judicial Precedents of Pharmaceutical Paten...

MOHW’s KRW 141.9 billion and KRW 59.8 billion increases for health industry and R&D next year

The Ministry of Health and Welfare(MOHW) made up a KRW 141.9 billion budget for the healthcare and pharmaceutical industries for the next year, increased by KRW 59.8 billion compared to this year. A new budget was al...

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