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17 Injection Device Manufacturers Found In Violation of Law

The joint investigative efforts by The Korea Food and Drug Administration (KFDA) and 6 regional agencies conducted nationwide inspections against 46 manufacturers of injection devices and fluid sets, and 17 of them we...

Continued Increase of Foreign Investment on Domestic Pharmaceutical Industry

The overall pharmaceutical industry shareholdings by foreign investors are steadily rising since Year 2000, when the government began enforcing the separation of dispensary from the medical practices. The actual sh...

New Drug Standards and Testing Specifications for 42 Items by KFDA

The Korea Food and Drug Administration (KFDA) has recently released a draft revision of Drug Standards and Testing Specifications on December 16th, to further promote safety and quality control of drugs and to improve...

Collision among Interest Groups en route to Drug Small Packaging Requirement

At the December 16th task force meeting to discuss on the details of pharmaceutical small packaging requirement for the pharmaceutical manufacturing industry, there were significant differences in opinions and positio...

Rate of Retail Pharmacy Closures Drops by 19%

The total number of retail pharmacies has increased by a small margin as compared to last year, while their opening and closure rates have dropped significantly, all of which are indicative of the rearrangement of pha...

Dong-A, Green Cross Ranked Among Top 10 Companies with SCI Registrations

The Ministry of Education (MOE) recently conducted its analysis on the domestic companies’ R&D activities by counting the instances of research article submissions and their registrations to the Science Citation Index...

Manufacturers Utilize Diverse and Unique Ways for Identification Requirement

In a continuing effort by the pharmaceutical manufacturers to be in compliance with the upcoming regulation governing the original drug identification label requirement, the manufacturers are proposing different ways ...

Total Number of Bioequivalence Approved Drugs Close to 2,500

A total number of bioequivalence-approved drugs has surpassed over 2,400, driven by the current year’s prolific requests and subsequent approvals in anticipation of the regulatory changes that would make the use of bi...

Additional 454 Drugs Eligible for Next Year’s NHI Coverage

The Ministry of Health and Welfare (MOHW) recently announced an amendment to the existing drug price list for the National Health Insurance (NHI) coverage, which will be effective as of January 1st, 2005. The amend...

Doctors Forecast Grim Outlooks for Next Year

The doctors with their own medical clinics are expressing their concerns over the worsening conditions in managing and operating their businesses, based on a recent survey conducted by Medicaljob, a web-based medical ...

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