News About: Goverment


2,019 medicines approved last year, 70% were generic

7 of 10 medicines approved last year were reportedly a generic referencing an original product. 75% of approved medicines, moreover, were ETC and 25% of them were OTC. Yakup Shinmoon analyzed the Ministry of Food an...

MOTIE announces promotional project for potential intellectual properties with KRW 6 billion budget in 2018

The MOTIE will recruit companies for the potential IP(intellectual property) promotion project worth of KRW 6 billion. The Ministry of Trade, Industry and Energy(MOTIE) officially announced to recruit new applicants ...

MFDS will take action of personnel reform January

2 of the local ministries of food and drug safety in Seoul and Daejeon reportedly have a vacancy in minister, which raises an expectation that they would have a series of high-rank officer appointments soon. Accordin...

Government, “We’ll review field status with additional studies over pharmacists and doctors”

The Emergency Household Medicine Committee is expecting to conduct a meeting this January with participation of the pharmaceutical association and showed an opinion to review the list after having discussions with the...

26 medicines receive sales suspension after Patent Linkage System

In the past 2 years after the Patent Linkage System is adopted, 1 of 3 sales suspension measures by original pharmaceutical companies against generic challengers have reportedly been accepted. The Ministry of Food an...

37 medical institutes to be published for falsely claiming insurance benefits this year

The Ministry of Health and Welfare(Minister Neung-Hoo Park) will officially publish the list of medical institutes which falsely made claims for their health insurance benefits at its website for the next 6 months fro...

Roadmap for a system to diagnose, treat and control rare diseases

The Ministry of Food and Drug Safety(Minister Neung-Hoo Park, MOHW) will announce the ‘1st Rare Disease Control General Plan(2017-2021)’ for the ‘early care for rare diseases and to improve the medical service quality...

MFDS entirely separates Pharmaceutical Affairs Law into pharmacists and medicines

The current Pharmaceutical Affairs Law is expected to be divided into two separate laws for pharmacists and medicines respectively.  The Ministry of Food and Drug Safety(MFDS) reportedly secured legitimacy to legisla...

MOHW reveals final version of ‘2nd General Plans for Pharmaceutical Industry’

The ‘2nd General Plans for the Pharmaceutical Industry’ has been finally revealed.  It kept the original plans from the last public hearing last November without major changes and revisions, containing a wide range o...

MFDS designate 85 additional national essential medicines like 5% Glucose Inj

The Ministry of Food and Drug Safety(MFDS) announced on the 20th that it would manage and control total 211 products as ‘National Essential Medicine’ by designating additional 85 medicines as ‘National Essential Medic...

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