News About: Goverment


Government seeks free Hib vaccinations

To support childcare, the government is considering offering free vaccination for children against hemophilus influenzae type B (Hib), the Ministry of Health and Welfare and the Korea Centers for Disease Control and P...

Park takes office today

The Park Geun-hye administration launches Monday to steer the country through a critical juncture at home and abroad. The inauguration ceremony for the nation’s 18th president will be held at 11 a.m. Monday at the...

KFDA drafts guideline for safety test of biological products

The Korea Food and Drug Administration (KFDA) has come up with a draft guideline for safety test of biological drugs The draft guideline requires no submission of test results based on long-term storage test and r...

KFDA to implement CRO grading system from 2015

The national health watchdog said Wednesday that it will screen the quality of clinical research organizations (CROs) designated by the Korea Food and Drug Administration over the next two years. Under the plan, th...

W100 billion fund to be set up for small drug companies

Korea has unveiled an ambitious vision to foster global pharmaceutical firms through the creation of a large-scale R&D fund and offering various tax benefits to local companies. The Ministry of Health and Welfare s...

Doctors, pharmacists clash over soaring medical spending

Disputes are arising between doctors and pharmacists over who is deteriorating the health insurance’s finance. While doctors argue that pharmacy’s dispensing charges are responsible for aggravating overall finance ...

Rep. Chin Young of Saenuri Party tapped to head Ministry of Health and Welfare

President-elect Park Geun-hye yesterday completed the appointments of her cabinet by announcing the nominations of 11 ministers, including that of health and welfare. The ann...

Health ministry to extend tax incentives to boost R&D investment

The Ministry of Health and Welfare said Friday that it will extend tax incentives to pharmaceutical companies that invest in the research and development of new drugs, vaccines and clinical research analyses in phase ...

Six in ten hospitals delay drug payment until 90 days or longer

Six out of 10 hospitals are obliged to settle their drug payment within 90 days or longer after drug purchase from drug firms or wholesalers, because the Health Insurance Review and Assessment Service (HIRA) approves ...

Government to expand scope of DRG system

The Health Insurance Review and Assessment Service (HIRA) said Thursday that it will expand the adoption of the ‘diagnosis-related group (DRG),’ a patient classification system, reduce the price of medicines and strea...

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