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Prices review for 903 expensive and most frequently prescribing drugs.
The Health Insurance Review Agency (HIRA) announced that the total 908 most frequently prescribing and expensive drugs were planned to review its prices during the 3rd quarter this year so that more cheaper drugs corr...
Lawmaker opposes government plan to disband KFDAThe government will have to withdraw its plan to disband the Korea Food and Administration (KFDA) as its employees are hard working at more poor working conditions, said Rep. Mo...
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New drug pricing should not be negotiable in FTA agendaThe Korean government's new drug pricing system is not a negotiation item in the ongoing free trade agreement (FTA) talks with the United States, a lawmaker said on August 10.
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Individual pill packs must show drug names and shelf life.
Starting from the 2nd half of next year at the earliest it obligates for the individual pill package to show the name of its maker or importer, the lot number, expiry date or shelf life. The same shelf life descriptio...
GMP validation soon applicable to each drug item.
Instead of abolishing a packaged GMP recognition system for 6 major dosage formed preparations, the KFDA will adopt the post GMP supervision system by each item by means of applying the GMP validation in the future, t...
SK Chemicals gears up for major expansion
SK Chemicals made its merger and acquisition (M&A) deal with Dongshin Pharm, an affiliated company, on August 9 for more expansion toward global advancement of its life science unit.
It is the first step toward SK ...
New HIRA president pledges to reinforce national health insurance systemNew Health Insurance Review Agency President Chang-yup Kim pledges to enhance efficient and qualitative health care services in the National Health Insurance.
In an press int...
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Lawmaker seeks to separate manufacturing license from product license
Rep. Moon Byung-ho said he is considering submitting a reform bill within this month to separate a manufacturing license from a product license in order to ensure an earlier commercialization of biodrugs.
Under the...
More than 100 of KFDA drug registration reviews being disclosed.
The disclosure policy of the new drug registration review outcomes has been implemented since 2004, which was recently more accelerated, expecting to give a lot of helps for the drug makers to get the same registratio...
Drug wholesalers eye elderly care hospitals
A number of drug wholesalers are expanding their presence in recuperation centers as an emerging lucrative market.
Many wholesalers are vying to concentrate on recuperation hospitals because they cannot survive wit...
