News About: Goverment
NHIC seeking price cuts of 10 drugs
The National Health Insurance Corp. says it will negotiate with drug manufacturers the prices of 10 medicines, including Roche’s Herceptin injection and Novartis’s Aclasta injection until October 11.
Under the curr...
KFDA approves new anti-impotency drug
The Korea Food and Drug Administration (KFDA) yesterday approved the domestic sale of Zepid (avanafil), a new type of anti-impotency drug.
Created by JW Pharmaceutical, Zepid is Korea’s third homegrown erectile dys...
Pharmacists sue health minister
The Korean Pharmaceutical association has filed a suit against Health and Welfare Minister Chin Soo-hee for her excessive use of authority, urging pharmaceutical firms and their wholesalers to forcibly secure distribu...
Concerns rise among Korean drug makers
The domestic pharmaceutical sector is expected to face an inevitable blow with major drug companies from the United States taking a stronger hold of the local market following if a U.S.-Korea free trade agreement goes...
Rebate-providing drugmakers to face second drug price cut
The Ministry of Health and Welfare plans to slash the prices of drugs involved in providing or receiving unfair kickbacks following the first price cuts on July 22.
“The price cuts of blacklisted medicines will be ...
KFDA to set up task force to reclassify 39,000 drugs
The Korea Food and Drug Administration decided Monday to form a task force in order to efficiently and objectively reclassify officially approved 39,254 medicines within this year.
It will be composed of 30 special...
Government to create third category of medicines
Pharmacists, doctors and officials representing civic groups agreed to create the third category of drugs in addition to prescription and over-the-counter drugs during a meeting of a subcommittee meeting of the Centra...
KFDA to increase more manpower
In order to thoroughly assure food safety, the Korea Food and Drug Administration plans to hire 411 new civil servants beginning in 2012.
According to the Ministry of Public Administration and Security in charge o...
Health minister reaffirms revision of pharmaceutical affairs law
Health Minister Chin Soo-hee said Friday that she would push for revision of the Pharmaceutical Affairs Act in an effort to ease the inconvenience of purchasing over-the-counter (OTC) medicines, but the detailed scope...
Health insurance to cover hospice service fee
The national health insurance is expected to cover hospice service charge at medical institutions nationwide to provide better medical service for those suffering from terminal cancer or other serious illnesses, the M...
