News About: Goverment


Containment of pharmaceutical expenditure in European countries

A total of 23 European countries allow the prescription by generic name in their bid to reduce pharmaceutical expenditure, according to data released by the National Health Insurance Corporation. Under the prescrip...

Health insurance reform

The National Health Insurance Corporation has recently unveiled five agendas to effectively cope with snowballing medication costs as an increasing number of patients are taking more expensive and diverse drugs. Th...

HIRA adds five medicines subject to restricted use by gender

The state-run Health Insurance Review and Assessment Service on Thursday announced a list of five drugs whose restricted use will be additionally screened by gender starting from April The drugs involved in the li...

Parliament passes health ministry budget of 41.67 trillion won

The National Assembly on Tuesday approved a 342 trillion won budget for this year which includes the nation’s largest-ever amount of social spending in line with President-elect Park Geun-hye’s plans to improve health...

KFDA announces re-evaluation results of 2,171 drugs

The Korea Food and Drug Administration on Monday announced its results of 2,171 drugs from 33 therapeutic categories, which has been under review from 2011. The re-evaluation project, which has been launched from 1...

Medical bills for cancer patients will go down

The costs that individuals will have to shoulder for treatment of cancer and other major diseases will go down from next year thanks to the government’s plan to restructure the national health insurance scheme, the Mi...

Government seeks to uproot illegal rebates

The government will uproot rampant illegal rebate activities in the pharmaceutical industry, health officials said yesterday. The Ministry of Health and Welfare on Wednesday said that if any of innovative drug fir...

KFDA officials aghast over reorganization plan

The new government to be led by President-elect Park Geun-hye is likely to be bigger with a renewed focus on science and technology, reflecting the president-elect’s vision for a creativity and innovation-driven econo...

Korean drug firms' patent row on rise

Korean drug companies will see the number of patent disputes with overseas counterparts surge next year, with a majority of the cases involving accusations of local drug firms breaching patents, data showed Monday. ...

Pharmacist selling wet dressings by piece will face 3-year prison term

Pharmacists, who will engage in selling a wound-care wet dressing product by subdividing or pieces, will be sentenced to three years in prison or subject to 10 million in fines, according to the Korea Food and Adminis...

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