News About: Goverment


Novotech conducts multinational study for THVD-201 in Korea

The U.S.-based TheraVida, Inc., a privately-held California biopharmaceutical company, has announced the start of a Phase 2 clinical trial of its lead product candidate THVD-201 for the treatment of overactive bladder...

Health insurance to cover new botanical drug for osteoporosis

The Ministry of Health and Welfare said Monday that the national health insurance will cover Green Cross Corp.’s Shinbaro capsule, a new botanical drug for osteoporosis treatment, from next month. Sinbaro capsule, ...

KFDA urged to ensure safety of OTC medicines

The use of many popular over-the-counter (OTC) cold remedies and pain relievers carries the risks of side effects, and from now on, the Korea Food and Drug Administration has to strictly control these drugs. In a l...

Buflomedil products to be pulled from shelves

A total of 31 buflomedil-containing medicinal products, including Whanin Pharmaceutical’s Pirxane tablets, will face being banned in the Korean market as the Korea Food and Drug Administration (KFDA) on Thursday order...

OTC’s DUR program hits snag

The government has hit a snag with its plan to introduce the planned Drug Utilization Review (DUR) program of over-the-drug (OTC) medicines from next month, with pharmacists reluctant to join the DUR system. Pharma...

Pharmacists file suit to nullify restriction-free decision of 48 OTC drugs

A total of 60 pharmacists said yesterday that it filed a lawsuit against the Ministry of Health and Welfare to nullify the government's decision to allow customers easier access to comparatively safe medicines. The...

Courts debate on PMS related rebate provision

A controversy surrounding the different rulings of the postmarketing surveillance (PMS) by a High or Supreme Court is growing. Doctors and patients expect that when medications are prescribed correctly for labeled ...

KFDA to launch drug safety management service

The Korea Food and Drug Administration said Monday that it will launch a Drug Safety Management Service on December 8. The newly established organization whose establishment was approved by National Assembly in Apr...

Lee to name new health minister within this month

President Lee Myung-bak is likely to replace three ministers including Welfare Minister Chin Soo-hee in the proposed minor Cabinet reshuffle by the end of the month, a senior presidential official said Friday. “Ch...

Monopoly on OTC drugs by pharmacists needed to ensure public safety

A dispute has arisen over the planned introduction next month of a government-imposed review of over-the-counter (OTC) drugs. The Ministry of Health and Welfare has already designated 48 relatively safe non-prescri...

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