News About: Goverment


MSDF working on allowing GMP factories to manufacture animal drugs

Pharmaceutical companies manufacturing pharmaceutical products for human use are expected to be available to manufacture pharmaceutical products for both human and animal use. In order to improve quality of veterinar...

‘MOHW’s Support Budget for Serial Number Reporting System’ rejected

Ahead of the ‘Obligation of the Real-time Drug Serial Number Reporting’ which will be enforced next month, there have been actions to institutionalize its financial support, but it seems they will not be reflected to ...

MFDS tightens standards of safety control on pharmaceutical ingredients

Standards of safety control for additive ingredients used in pharmaceutical manufacturing processes will be tightened. The Ministry of Food and Drug Safety(MFDS) announced it obligated submission of documents about p...

Coffee and snacks used as promotional product must follow restriction of price less than KRW 10,000

An interpretation was proposed that if being clearly used as a promotional product, food and beverages, such as coffee, should also follow the Pharmaceutical Affairs Law which restrict price under KRW 10,000(including...

MFDS revises details of approval for ‘Propofol injections’

The Ministry of Food and Drug Safety announced revisions in details of approval, such as adding occurrence of acute, congestive heart failure to the usage precautions of ‘propofol injection,’ an antipsychotic. There ...

MFDS’s goal to approve 180 incrementally modified drugs by 2020

The Ministry of Food and Drug Safety(MFDS) will approve 180 incrementally modified drugs by 2020 and actively support Korean pharmaceutical companies for global expansion with technology of commercializing pharmaceuti...

MFDS changes details of aspirin approval in efficacy and usage instruction

The Ministry of Food and Drug Safety(MFDS) recently changed details, like efficacy and usage instruction, about the approval of aspirin. The MFDS recently announced it changed efficacy and effectiveness of single tre...

Government draws up KRW 864.9 billion supplementary budget to MOHW

The government announced on the 5th it drew up an supplementary budget of KRW 864.9 billion to the Ministry of Health and Welfare(MOHW) for job creation and public stability. The revised supplementary budget for the ...

MFDS allows quasi drug manufacturing facilities to produce food products

The regulation which restricts food production with medicine and quasi drug manufacturing facilities is relaxed. On the 5th, the Ministry of Food and Drug Safety(MFDS) pre-announced the ‘Partial Revision for Standard...

“It is necessary to separate the Pharmaceutical Affairs Law pharmaceutical advancement”

An opinion was proposed that the ‘Pharmaceutical Product Law’ for manufacturing and distribution of pharmaceutical products and the ‘Pharmaceutical Affairs Law’ for the function of pharmacist must be separated. Peopl...

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