News About: Goverment


Government, doctors at odds over thorny issues

A dispute is brewing between the government and doctors, after the Ministry of Health and Welfare will punish 8,000 doctors who allegedly took kickbacks from pharmaceutical companies in exchange for prescribing their ...

Government sets up W100 billion fund to aid struggling pharmaceutical firms

The government has launched a 100 billion won Korea Venture Fund to help local companies develop advanced technology and expand to overseas markets, the Ministry of Health and Welfare said Thursday. The fund dubbed...

Korea seeks to enhance sufficiency in vaccines

Korea’s government said Thursday it plans to nurture the nation’s vaccine industry with an aim to meet more than 80 percent of domestic demand by 2020 from the current 30 percent. In a meeting of policymakers presi...

Government to conduct joint probe into hospitals

The government and the Korean Hospital Association (NHA) are now conducting their join investigation into the usual drug payment period of hospitals nationwide. The measures is part of government’s efforts to accur...

Government’s plan to allow exclusive sales of pregnancy reagents by medical device vendors stirs deb

The Ministry of Food and Drug Safety (MFDS)’s plan, under which medical device vendors are allowed to exclusively market pregnancy tester other than pharmacies or drug wholesalers, is mired in controversy as questions...

Debate ignites on integrated sales of pregnancy diagnostic reagents

The debate on whether to allow exclusive sales of pregnancy diagnostic reagents by medical device vendors is surfacing after the Ministry of Food and Drug Safety (MFDS) reviewed the issues last Friday. All eyes are...

Korea in the running to be global leader for biosimilars by 2017

The Ministry of Food and Drug Safety (MFDS) unveiled a set of plans on Aug. 30 to nurture seven globally competitive biopharmaceutical companies by 2017. The plans are intended to develop Korea into the seventh-lar...

Government to back development of biopharmaceuticals

The government will continue to stand behind biopharmaceutical companies to help them advance research and the development of biodrugs, a minister from the Ministry of Food and Drug Safety (MFDS) said last Friday. ...

Oriental pharmacist is not entitled to handle western drugs: Ministry of Government Legislation

Recently, the Ministry of Government Legislation (MOGL) said that an oriental pharmacist should not be engaged in selling western medicines, citing the current pharmaceutical affairs law. According to Paragraph 2, ...

81% back separation of prescription and dispensing of drugs for outpatient care

A majority of people support a drug policy reform declared on July 1, 2000 that mandated the separation of medical institutions and pharmacies for outpatient care, according to a recent survey. The survey, conducte...

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