News About: Goverment


A bill proposed to prohibit selling imported drugs online

A bill to prohibit online sales of imported drugs will be proceeded. The Minjoo Party Rep. Sang-Hee Kim representatively tabled the ‘Partial Revision Bill to the Pharmaceutical Affairs Law” containing bills like the ...

MFDS reduces positions for open recruiting system

The Ministry of Food and Drug Safety is expected to change the open recruiting system as deciding to lift the open position of Food Consumption Safety Director. On the 25th, the MFDS pre-announced the ‘Partial Revisi...

Health Insurance Policy Deliberation Committee meeting postponed to June

A meeting for the Health Insurance Policy Deliberation Committee, which was scheduled this year, is postponed to early June. As a result, a report about Moon Jae-In Care, which will contain comments about the selectiv...

Government, “No damage on medical field from Moon Jae-In Care”

The Ministry of Health and Welfare(MOHW) stressed health care service providers, such as pharmacies, dentists and Korean medicine doctors, would not take any tangible damage from the Moon Jae-In Care at this year’s he...

Companies will be obligated to make drug exporting reports from next year

Starting next year, companies which sell drugs will be obligated to make reports about their exporting performance, and they will be imposed a fine for violating this obligation. The Ministry of Food and Drug Safety(...

MFDS establishes Korean version of Orange Book, ‘Generic Drug Approval and Evaluation Information Platform’

The Korean version of Orange Book called ‘Generic Drug Approval and Evaluation Information Platform’ will be created. The Ministry of Food and Drug Safety presented key business directions and system improvements for...

‘Bio-Health Big Data’ to be established of 50 million people from 39 hospitals for personalized new drugs

Medical data of 50 million people from 39 hospitals will be established as virtual big data by 2020, which will empower tailored new drugs, developed of medical devices and personalized healthcare services. The Minis...

MOHW, MSIP and MOTIE carry out ‘National New Drug Development Support Project’

The 3 government bodies, Ministry of Health and Welfare(MOHW), Minister of Science, ICT and Future Planning(MSIP) and Ministry of Trade, Industry and Energy(MOTIE), will study proprietary of the ‘National New Drug Dev...

Pharmas are able to manufacture only 1% for small-packaged medicines with low demands

The government will revise regulations which allow pharmaceutical companies to manufacture only 1% if having low demands for small packaging. The Ministry of Food and Drug Safety recently held the small packaging com...

Average settlement rate for drug price negotiations for 12 years is 91%

The average settlement rate of all the drug price negotiations after the drug price negotiation system is 91.2%, but for the past 2 years were 98.8% in 2016 and 98.6% in 2017, showing a higher rate. The total 455 new...

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