All Type of News
Ruling party to oppose Food Safety Agency plan.
The government project for the new establishment of the Food Safety Agency in split with the current KFDA seems to be ready just to announce its opening date, but some of the ruling party lawmakers showed a tough oppo...
Positive List System claimed to be against Constitution Law.
The positive list system, a new government drug pricing registration system, might be against the constitution law in view of its ban on the packaged and assigned legislation, the violated principle of the trust prote...
Lee Won-sik named Pfizer Korea Medical DirectorPfizer Korea said it has appointed Lee Won-sik as its new medical director.
Lee, 44, will head the company's research and development business unit.
A graduate of SNU's me...
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Pharmaceutical firms seeking to hire more employees in sales and R&D sector
A number of pharmaceutical firms are struggling to increase the proportion of sales and R&D workforce for their sustained growth, according to data released by the Korea Pharmaceutical Manufacturers Association (KPMA)...
Antacids getting biggest damages by NHI policy changes.
The antacid preparations seem to get the biggest business damages when the NHI reimbursement schedule applied to the 742 combined non-prescription drugs takes effects coming Nov.
The combined non-prescription drug...
Industry struggling for business damage recovery caused by NHI policy changes on combined drugs.
The recent government reschedule policy for the combined non-prescription drugs gave an enormous business impact to the pharmaceutical industries and markets, bringing out about 165.9 BW of sales plummet for 742 produ...
Civil urges government to implement positive list system from September
The Korean government will have to implement the so-called positive list system' in September as originally planned, a civil group said on June 25.
Under the positive list system, new products of overseas and domes...
Firms calling for more activation of preliminary consultation system
The pharmaceutical business sources said the government needs to activate its drug-related preliminary consultation system that may help expedite the license procedure of locally developed biotechnolgy drugs or import...
Health ministry to enact new drug-pricing policy
The Ministry of Health and Welfare (MOHW) said on June 24 it would legislate a proposed drug pricing and reimbursement policy.
According to the ministry, it will issue a pre-announcement, 60 days before changing Ko...
KFDA to review 851 drugs as of July 2006.
As of July 2006 the total 851 drugs including Choongwae's Fosrenol and other 29 products have been reviewed in their safety and efficacy, indicating slightly less than the previous year of 911 drugs.
By company th...
