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MOHW, “It is impossible to exclude gene and cell therapies from economic evaluation”

The Ministry of Health and Welfare(MOHW) clearly expressed its stance that gene and cell therapies cannot be an exception on economic evaluation when getting evaluated for the health insurance benefits. Senior Manage...

‘Entire Substance Indication for Medicines’ enforced on 3 December 2017

The ‘Entire Substance Indication for Medicines(indication of all the substance names, active ingredients, and volumes for all the preservatives written in product license and registration on containers and packaging o...

“It is not required to conduct animal studies for biosimilar development in some countries”

It was observed it was not required to conduct animal studies in the progress of developing biosimilars in some countries. At the ‘Global Bio Conference’ at Intercontinental Coex Seoul on the 29th, Dr. Jian Wang(Heal...

MFDS starts to enforce Pharmaceutical Product Renewal System from July

The ‘Pharmaceutical Product Renewal System’ will be enforced from July to reorganize products causing problems in regards to safety and efficacy. In order to tighten safety control, which is directly connected to the...

Pharmaceutical manufacturers available in food manufacturing using their own medicine manufacturing facilities

As regulations were eased for current pharmaceutical manufacturers to manufacture and process foods using their own pharmaceutical manufacturing facilities, they now are able to expand their business in the food field...

Pfizer’s perseverance towards rare disease treatments

What is people’s recognition about ‘rare disease’? Normally, they think it is a disease that is uncommon, hard to be cured and have a high mortality rate. They are not totally wrong. A rare disease appears when they ...

MOHW having deep concerns about emergency household medicines

The Ministry of Health and Welfare(MOHW) has deep concerns about conducting the final deliberative committee for adjustment of emergency household medicines. According to the MOHW on the 30th, the ministry has a hard...

5 associations start ‘Consultative Group for Field Inspection’

The Korean Medical Association(Chairman Moo-Jin Choo) held the first official meeting for the ‘Consultative Group for Field Inspection’ to discuss plans to improve the field inspection system on the 23rd of June after...

251 pharmaceutical drugs recognized in bioequivalence in 1st half of this year

In the first half of this year, there were 251 pharmaceutical products newly recognized in bioequivalence, decreased by 28 compared to the same period of the last year. According to the Ministry of Food and Drug Safe...

Pharmaceutical products achieved USD 3.1 billion exports last year

Pharmaceutical exports were USD 3.1 billion last year, increased by 5.7%; pharmaceutical imports were USD 5.5 billion. In the 1st quarter of this year, the exports were USD 750 million increased by 13%, and biosimila...

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