News About: Goverment


Why did FTC investigate pharmas A,B, D & L?

The Fair Trade Commission(FTC) reportedly investigated a Korean pharma B and a multinational pharma L last week and a Korean pharma D and a multinational pharma A on the 18th. The investigation was about ‘pay-for-del...

MFDS, “Chaos over generics have caused CSOs’ illegal operation”

“Generics have encouraged pharmaceutical companies to use illegal rebates and also made CSOs run their business illegally.” The Ministry of Food and Drug Safety(MFDS) were reportedly sharing generic medicine problems...

Discussions start for Moon Care between government and health care industry after the national rally

On the 14th, the Ministry of Health and Welfare(Minister Neung-Hoo Park, MOHW) announced it has actively started to discuss about the national health insurance coverage extension plan with the health care industry. T...

Korea-China MOU for health care field

The Ministry of Health and Welfare(Minister Neung-Hoo Parkm MOHW) visited Beijing, China between 12 December as part of the presidential delegation to China and announced to revise and establish the ‘Memorandum of Und...

Health care industry requests MOHW for communication through rallies

The Ministry of Health and Welfare(MOHW) has been requested communication from the health care industry through group actions, such as the medical field’s ‘Moon Jae-In Care Rally’ and the pharmaceutical industry’s ‘Of...

MFDS, “We’ll repair the approval and assessment system for OTC drugs”

The MFDS will carry out a plan to improve the approval assessment system to promote development of OTC drugs with pharmaceutical companies. It was told the Ministry of Food and Drug Safety(MFDS) was positively consid...

MOHW, “We’ll immediately meet up with the medical industry and talk through in a serious manner”

The Ministry of Health and Welfare(MOHW) gave an answer to the doctors’ national rally, saying they would arrange a time and place to have discussions. The Ministry of Health and Welfare(Minister Neung-Hoo Park, MOHW...

Legislation to allow a pharma to use medicines for clinical trials for treatment of rare disease patients

Bareun Party Rep. In-Sook Park representative tabled a revision bill to the Pharmaceutical Affairs Law which allows a pharmaceutical company to conduct clinical trials on rare disease patients on the 6th. The current...

National Assembly decides KRW 63.1554 trillion for MOHW next year

While the National Assembly concluded the next year’ budget, a budget for the Ministry of Health and Welfare was reportedly about KRW 63 trillion. The government assigned KRW 63.2 billion increased by KRW 1.4 billion...

Payment Due for Medicines warns pharmaceutical and distribution industries

As the ‘Payment Due for Medicines’ will be enforced from the 23rd of December, a warning has been issued among distribution companies over the working funds cycle. It was criticized even though it is a system which w...

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