News About: Goverment


KPA to file complaint against animal drug manufacturers

The Korean Pharmaceutical Association (KPA) will file a complaint with the Fair Trade Commission against the country’s animal drug firms, claiming their boycotting to supply animal drugs to pharmacies is a violation o...

Korea has low recovery rate for substandard drugs

The country's low recovery rate for substandard drugs stood at 97.3 percent to over the past four years, according to Rep. Shin Eui-jin of the ruling Saenuri Party. Citing the data released by the Ministry of Food ...

For-profit foreign hospital plan fails to gain regulatory approval

The Ministry of Health and Welfare said Thursday it has temporarily suspended a plan of for-profit foreign hospital in Jeju Island, citing various reasons, although the governor of Jeju Special Self-Governing Province...

Patients, civic group call for issuance of detailed written form of drug information

A patient group and the Green Consumer Association said Thursday that more detailed drug information should be provided to patients in writing to enhance the patient’s right to know, in addition to the health regulato...

Contest for generic drug in Korean kicks off

The open competition for changing “generic drug” in Korean into other proper language will be closed until Sep. 5 from Aug. 13, according to the Korea Pharmaceutical Manufacturers Association (KPMA). The associatio...

Ilyang to mass-produce indigenous influenza A vaccine

Ilyang Pharm will market the country's second locally developed vaccine for type A influenza from this Autumn. Approval was given last Thursday by the the Ministry of Food and Drug Safety (MFDS) for the sales of th...

Ministry halts sales of anti-diarrheal medications

Korea’s drug watchdog announced Thursday that it has recalled all stocks of anti-diarrheal medicine Lacteol and its generic versions and suspended their sales until it completes an evaluation. Three anti-diarrheal ...

Lactobacillus acidophilus does not have any potential for health risks, MFDS says

The state-run drug regulator on Thursday recalled all stocks of anti-diarrheal medicine Lacteol (tyndalized lactobacillus acidophilus) and its generic versions and suspended their sales until it completes an evaluatio...

45 wholesalers supplying medicinal products of more than 100 billion won in 2012

The country’s 45 wholesalers, 46 drug firms and 12 importers were engaged in distributing pharmaceutical products amounting to over 100 billion won annually to hospitals and pharmacies last year, according to a report...

Proper medical fee will help emergency patient services

Korea should improve the current low-fee system for medical treatment covered by National Health Insurance to improve emergency patient services, a private report showed recently. According to a report by the Korea...

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