News About: Goverment
NHIS to start to eradicate illegal medical institutes
The NHIS will start to eradicate illegal medical institutes, such as ‘Director Hospital’ and ‘Face Pharmacy.’
This year, the National Health Insurance Service has created the ‘Medical Institute Supporting Office’ as ...
FIP prepares revision to the International Nonproprietary Names Policy Declaration
A policy committee under the International Pharmaceutical Federation(FIP) has created a revision bill to the policy declaration for the International Nonproprietary Names.
In accordance with the Korean Pharmaceutical...
Korea & US agree to revise and improve pricing system for global innovative new drugs
The Korean and U.S. governments have come to an agreement to revise and improve the global innovative new drug pricing system at the FTA renegotiation.
The Ministry of Trade, Industry and Energy(MOTIE) announced this...
MFDS approves 668 clinical trials with Hanmi Pharm acquired most 11 approvals
The Ministry of Food and Drug Safety(Minister Young-Jin Ryu, MFDS) analyzed approval of clinical trial plans in 2017, and the analysis result showed the number of approvals was 658 cases increased by 4.8% from the 201...
MOHW to strongly recommend pharmas to appeal in regards to innovative pharmaceutical company certificate revocation
In regards to the recently pre-announced administrative measure, the Ministry of Health and Welfare(MOHW) strongly recommended pharmaceutical companies to strongly appeal to standards of revoking the innovative pharma...
MFDS to consider development of medicinal drugs containing marijuana
A plan will be carried out to extend the range of treatment options for rare, incurable disease patients and to approve development of medicines containing marijuana.
The Ministry of Food and Drug Safety(MFDS) announ...
Awkward situation for MOHW with emergency household medicine list, “We’ll still wait”
As the Korean Pharmaceutical Association’s(KPA) general meeting is postponed to April, the Ministry of Health and Welfare have also had an awkward and difficult time.
The MOHW and the deliberative committee were supp...
Active generic market with increase of product with PMS or patent expiring
The number of medicinal drugs tested bioequivalently this year was 226 products, increased by 73% compared to the same time period of the last year.
This means Korean pharmaceutical companies have been active in deve...
MFDS creates ‘General Information System’ to look all the information about medicines at glance
The Ministry of Food and Drug Safety(MFDS) announced on the 21st that it would create the ‘General Medicine Information System’ to check all the information at a glance about data from clinical trials, approval, distr...
ACRC punishes pharmas providing expedient, illegal rebates through CSOs
The government will interrupt pharmaceutical companies to expediently provide illegal rebates through a third party like CSOs(contract sales organizations) by giving part of commissions to hospitals.
It will be diffi...
