News About: Goverment


Government to create 300 ventures and 1,000 job positions using H+OIC

The ‘Healthcare Open Innovation Committee’ which will establish bio-health ecosystem will start carrying out affairs to achieve the goal to make 300 ventures and 1,000 job positions.  The Ministry of Health and Welfa...

“We’ll quickly reveal risk evaluation result on Chinese Valsartan”

The Ministry of Food and Drug Safety(MFDS) has already created a bill to evaluate N-Nitrosodimethylamine(NDMA) in antihypertensives with Chinese Valsartan, and was planning to reveal the evaluation result soon.  The ...

New bill to eradicate hospitals owned by unlicensed doctors, imposing 10-year imprisonment or KRW 100 billion fine

A bill will be carried out to strengthen punishment on hospitals owned by unlicensed doctors with less than 10 years of prison or a less than KRW 100 million fine.  Party for Democracy and Peace Rep. Jung-Bae Chun re...

Last year, quasi drugs manufactured KRW 1.4 trillion with decrease for first time in 5 years

Quasi drugs were manufactured for KRW 1.4703 trillion last year in Korea, decreased by 24.5% compared to the year before.  The Ministry of Food and Drug Safety(Minister Young-Jin Ryu) analyzed and announced the ‘2017...

Drug price cuts will also be executed on orphan drugs and shortage-prevented medicines

Orphan drugs and shortage-prevented medicines will also get drug price cuts for illegal rebates.  The Ministry of Health and Welfare(MOHW) will pre-announced the ‘Partial Revision Bill to the National Health Insuranc...

How to check if I’m taking antihypertensive drugs containing suspended Valsartan ingredients?

If you would like to see if the Valsartan antihypertensive you are taking is suspended in sales, you can simply visit the Health Insurance Review & Assessment Service’s(HIRA) website.  If you find out you have taken ...

Health and Welfare Committee will be managed by Liberty Korea Part for second half of the 20th National Assembly

While the opposing and ruling parties concluded a negotiation on parliamentary committees, a party was selected for the Health and Welfare Committee. Young-Pyo Hong at The Minjoo Party, Sung-Tae Kim at Liberty Korea ...

“Narcotic drugs cannot be advertised in pamphlets and brochures”

Unlike other ETC drugs, narcotics must be attentively handled because anyone who uses media such as pamphlets and brochures to advertise narcotics might be imposed criminal punishment and administrative measures. The...

What patients, hospitals and pharmacies should do about antihypertensives containing Chinese Valsartan?

While sales and health insurance benefits of the antihypertensives containing ‘Valsartan’ manufactured by Chinese Zhejiang Huahai have been suspended, the government recommended to take an action of giving a guidance ...

Sales suspension of 91 products not using Chinese ‘Valsartan’ cancelled

The sales suspension on the 91 antihypertensives that was confirmed not to use Chinese ‘Valsartan’ will be cancelled. The Ministry of Food and Drug Safety(Minister Young-Jin Ryu) inspected 187 of 219 antihypertensive...

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