News About: Goverment


New data reinforces safety profile of Enbrel

There is good news for patients with rheumatoid arthritis (RA), as the latest study confirming the established safety profile of Enbrel (etanercept) for up to 10 years. Wyeth Korea has recently announced the presen...

Huge health insurance deficit looms

The National Health Insurance Corp. will face a huge deficit if it fails to come up with effective measures to counter snowballing shortfalls, a local professor said. In a recently held scientific convention, Profe...

Is legal sale of non-prescription medicine at retail stores possible?

The Korean Pharmaceutical Association is expected to hold a meeting with the health ministry to placate the public anger over supermarket sales of over-the-counter drugs between May 24 and 27. However, the associat...

Government to readjust drug management fee

The government plans to rationalize the drug management and dispensing fees at pharmacies, the Ministry of Health and Welfare said Wednesday. The ministry’s health insurance deliberation committee will announce an ...

Health insurance allowances total 8.4 trillion won in first quarter

Korea’s health insurance payments in the first quarter of this year amounted to 8.39 trillion won, up 8.7 percent from a year earlier, the National Health Insurance Corp. said Wednesday. Payments for hospitals acco...

Drug safety monitoring agency to be established

Korea may be able to efficiently cope with drug related adverse reactions (ADRs) within this year. The National Assembly has recently passed a law revision that would enable the Korea Food and Drug Administration t...

KFDA approves first embryonic stem cell study

A clinical study using embryonic stem cells was approved for the first time in Korea on Wednesday. The Korea Food and Drug Administration said it has approved CHA Bio & Diostech’s request to conduct a clinical stu...

Finance minister-nominee triggers concerns over OTC sales in non-pharmacy stores

Will Bahk Jae-wan, nominee for health and welfare minister in the recent cabinet reshuffling, push non-pharmacy sales of over the counter (OTC) drugs? Lee Myung-bak on Friday named one of his closest aides and incu...

EU FTA will hurt pharmaceutical sector

Despite strong protests from opposition parties, the ruling Grand National Party (GNP) Wednesday railroaded a ratification bill of the free trade deal with the European Union. Of the 169 lawmakers, mostly GNP lawma...

Civic groups call for scrapping of EU FTA

The road to ratify the Korea-EU free trade agreement was completed last week, bringing a vigorous outcry from civic groups. The Korean Federation of Medical Groups for Health Rights (KFHR) said in a statement that ...

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