News About: Goverment


KFDA approves Zydena 50 mg for once-daily use

The Korea Food and Drug Administration (KFDA) on October 5 approved the domestic sale of Dong-A’s Zydena (udenafil) 50 mg tablets for the treatment of erectile dysfunction, following already available strengths of 100...

Local pharmaceutical industry will revert to 1994

The scrapping of the controversial unified distribution system may revert the country’s drug industry to the level of 1944, according to a lawmaker. During the recent parliamentary audit to the Ministry of Health a...

Drug price-tapering system should be overhauled

Korea has implemented the drug price-tapering system over the use of medicines, but the measures are far from being effective, according to a lawmaker. Rep. Won Hee-mok said that the current system should be furthe...

License procedures for health and medical business simplified

Korea will adopt a series of new measures to simplify the establishment procedures of health- and medical business categories, according to Anti-corruption and Civil Rights Commission (ACRC). A medical device vendo...

Health ministry skeptical over OTC sales in supermarkets

It is too early to allow over-the-counter (OTC) drugs to be sold at supermarkets and other non-pharmaceutical stores, said Health and welfare minister Chin Soo-hee on October 4. During the annual parliamentary ins...

Health ministry pressed to reconsider new drug-pricing plan

A lawmaker argue that the Ministry of Welfare is required to push up with the economic effectiveness plan to readjust prices and exclude items that are the least cost-effective. Rep. Park Eun-soo from the oppositio...

Discontent mounting over preferential treatment for hospitals

With a new drug-pricing plan taking effect in October 1, the local pharmaceutical and wholesaling camps have voiced their mounting discontent over the government’s unilateral treatment in favor of medical institutions...

National assembly audit starts today

Members of the National Assembly’s Health and Welfare committee will start a 19-day inspection on the Ministry of Health and Welfare and the Korea Food and Drug Administration from October 4. till October 22. Duri...

Female patients suffering from uterine myoma showing gradual increase for past 5 years

The National Health Insurance Corporation (NHIC) says that the number of female patients being treated for uterine myoma has increased by 21 percent over the past five years. In 2005, 190, 500 women had their uter...

Shortage of essential drugs looms large

The shortage of essential drugs in some hospitals is expected to get worse with the new drug-pricing reform taking effect this month. The so-called cash incentive plan aims to reimburse buyers 70 percent of the pri...

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