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Green Cross to develope anti-cancer genetic therapy.Green Cross has agreed with an exclusive distribution of JX-594, an anti-cancer genetic therapy by the use of recombinant vaccinia virus, with American Generics Biotherapeutics ...
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Prescription by generic name to be applicable in national medical centers
The ministry is thinking about activating the prescription by generic name for bioequivalence-tested drugs and substitute drug dispensing, which will be implemented in the state-run medical institutions in the first p...
NHIC seeks different NHI prices on individual medical institution
The National Health Insurance Corporation (NHIC) unveiled its plan to negotiate its 2007 NHI price negotiations by dividing four sectors medical, dental, oriental medicine and pharmacy.
In a meeting with five grou...
17.5 billion won spent on low-dose prescriptions
Estimated 17.5 billion won of drug expenditure is additionally covered by national Health insurance a year, due to doctor's prescribing preference to low doses of drug, according to a report released by the Health Ins...
Positive list system may raise heavy financial burdens to people.
The National Assembly admitted the MOHW's driving policy, the positive list system, that might raise a heavy financial burden to the people, and prior to adopting this system a control system for the elimination of dr...
Ban on direct sales to hospitals must be scrapped gradually.
Amid ongoing controversy of the unified drug distribution channel system since 1994, the restricting provision for the drug company directly sell their products to any general hospitals should be eliminated, many inte...
Debates rekindled on government's stern measures on generic data fabrication
The controversy over the bioequivalence data fabrication has flared again following the government's unilateral administrative measure to cancel the licenses of generic drugs without lawful procedures.
In a stateme...
Drug industry no longer tolerable to government red tapes.
The pharmaceutical industry circles raised a serial of administrative lawsuits against the various government's restricted policies and measures, claiming that it played a stumbling block to the industrial development...
137 drugs cancelled in 2005
A total of 137 items were cancelled in 2005 but the major reasons were attributed chiefly to insufficient content, according to the Korea Food and Drug Administration (KFDA).
The data, which were submitted to the r...
PBM system necessary to adopt soon for medication safety.
Rep. Kim Hyo-seok of the Democratic Party said in the parliamentary inspection of the MOHW on Oct. 13 that the PBM system for a way of determining the prescription propriety via computer programs before the pharmacist...
