News About: Goverment
“There are no legal definitions about generic drugs in Korea”
Since legal definitions about ‘generic drug’ lack in Korea, it was reported there is a limit in collecting precise information.
According to the ‘2017 Manufacturing and Management Statistics for International Organiz...
Government invested KRW 3 trillion into R&D in health & medical field
The pharmaceutical industry has reportedly invested KRW 3 trillion for the last 3 years, which was the period of the ‘1st Health and Medical Technology Promoting Plan’ from the year of 2013.
The Korea Health Industry...
MOHW to proceed 10th meeting with medical field as scheduled late March
Assuming they would like to continue having a sincerely conversation with the medical field about the National Health Insurance Coverage Extension Plan(Moon Jae-In Care), the Ministry of Health and Welfare announced t...
Pharma field’s heart ‘pounding’ over whether prosecution would put a hand on CSOs for illegal rebates
While pharmaceutical companies have had sharp attention to whether the prosecution would put a hand on CSOs(contract sales organizations), which has been suspicious of being a window for illegal rebates, it is anticip...
“It’s about to announce the 2018 plans for the 2nd pharmaceutical general plans”
The Ministry of Health and Welfare said they would announce the 2018 enforcement plans for the 2nd pharmaceutical general plans. They promised valuation of new drugs and tax support for innovative growth of pharmaceut...
“No damages will be created in the medical field by the Moon Jae-In Care”
The Ministry of Health and Welfare has put on a drive for the Moon Jae-In Care as preparing for agreements with the medical field after collecting opinions from the Korean Medical Association’s(KMA) Emergency Operatio...
Repeal of ‘Rebate Two-Out Program’ passes the National Assembly plenary session
The National Health Insurance Act, which pushes decrease of drug prices over suspension of health insurance benefits(Rebate Two-Out Program) on drugs exposed of illegal rebates, has passed the National Assembly.
A bi...
National Assembly Inspection Report, ‘Government must promote new drug development and improvement of pharmaceutical industry’
The National Assembly requested the government to nurture the pharmaceutical industry, which has been a victim of the National Assembly Inspections, with support for new drug development.
Moreover, they requested to ...
Government to strengthen monitoring system on top sale biologics
In order to create a base to safely use biologics, collection and inspection of products in market will get stricter.
The Ministry of Food and Drug Safety said they would focus on securing the national relief over bi...
Pharmaceutical inspection on GMP facilities to change to inspection focusing on risk
The pharmaceutical inspection which has been conducted on pharmaceutical companies’ GMP facilities will now focus on the level of risk.
The Ministry of Food and Drug Safety(MFDS) announced to change the pharmaceutica...
