News About: Goverment
Generic substitution should be encouraged: National Health Insurance Corp.
The government fully appreciates the role which generic medicines play in the provision of comprehensive healthcare to today’s patients and accepts that making the full range of new medicines available to patients, po...
NPS opposes Dong-A’s spin-off plan
The National Pension Service (NPS), said Thursday that it opposes Dong-A Pharmaceutical’s plan to transform into a holding company, arguing it would only benefit the controlling family and undermine the interests of o...
3 drugmakers hit for kickbacks
The Korea Food and Drug Administration (KFDA) has banned three pharmaceutical companies from selling some of their products for 30 days for offering kickbacks to doctors and hospital officials.
The Korea drug regul...
Government to defer new drug pricing reform
The government decided to delay the new drug pricing plan to provide cash rewards to doctors and pharmacists who refuse to take rebates and instead purchase medicines at lower prices, until Feb. 1, 2014.
At the Cab...
564 drug patents listed in 2012
The Korea Food and Drug Administration said Tuesday that a total of 564 pharmaceutical patents (434 drugs) were registered into the green list last year.
Following a stipulation of the Korean-US Free Trade Agreemen...
Government to raise generic price of innovative drug firms
The Ministry of Health and Welfare said Monday that the insurance price of 15 telmisartan generics produced by five innovative drug firms will be raised from today.
Telmisartan is an angiotensin II receptor antagon...
NHIC seeking to ensure better transparency of drug price negotiation
The National Health Insurance Corporation (NHIC) announced Friday its plan to commission a research aiming at enhancing better transparency of drug price negotiation between the NHIC pharmaceutical companies.
The ...
Anemia 3 times more common in women
Women are 3 times more likely to suffer from anemia, a decrease in number of red blood cells or less than the normal quantity of hemoglobin in the blood, than men, the National Health Insurance Corporation (NHIC) said...
Health ministry to spend 422 billion won to support drug firms
The government unveiled a set of plans on Thursday to nurture 12 globally competitive pharmaceutical companies by 2020.
The plans are intended to develop Korea into the seventh-largest power in the industry.
Th...
Medical institutions have to settle drug payment within 3 months
The Ministry of Health and Welfare will propose a revision bill within this year to encourage more fair business activities in domestic pharmaceutical sector, it was learned by a ministry official in a meeting with ch...
