News About: Goverment


Health minister emphasizes better financial stability of national health insurance

New health and welfare minister Chin Soo-hee, who took office on August 30, said she will endeavor to ensure better financial stability of national heath insurance system, while stressing a wider coverage of insurance...

Government to restrict joint bioequivalence until 2013

The government plans to extend the restriction of joint/commissioned bioequivalence testing for the next three years, although the related provision is to expire in November this year. The Korea Food and Drug Admin...

Prices of 6 original drugs to fall by 20%

The Ministry of Health and Welfare Affairs said on August 27 that the prices of six original medicines, including GlaxoSmithKline’s Hepsera, MSD’s Cosopt, Abbott’s Hokunalin and Roche’s Tamilfu, will be decreased by 2...

Parliament adopts confirmation hearing of Health Minister-nomiee Chin Soo-hee

At the Parliament’s Health and Welfare Committee held on August 25, the lawmakers of the ruling Grand National Party adopted a report on the confirmation hearing of Health Minister-nominee Chin Soo-hee, with oppositio...

Government likely to restrict co-bioequivalence testing

The restriction of joint or consigned bioequivalence testing will not be lifted, according to informed sources. The sources say the Korea Food and Drug Administration will determine the delay or abolition of the is...

HIRA loose on monitoring of healthcare institutions

The Health Insurance Review and Assessment Service has neglected its duty in monitoring medical institutions, taking no follow-up measures against overcharging cases, the National Assembly Research Service said in its...

Government is unlikely to introduce for-profit hospital

Chin Soo-hee, nominee for health and welfare minister, drew a clear line between for-profit hospitals and their effect on attracting foreign medical tourists to the country, saying she won't push "privatization" of th...

KFDA seeks to prevent abuse of propofol

The Korean Food and Drug Administration will discuss whether to designate propofol as a narcotic at a special review committee scheduled at the end of this month, officials said. Despite such abuse potential, propo...

Health minister-nominee object to supermarkets’ selling drugs

Chin Soo-hee, nominee for health and welfare minister, said in her written statement on August 20 that she will not allow supermarkets to sell over-the-counter drugs, calling it "unprofessional and unacceptable, befor...

KFDA to strengthen standards for ginkgo biloba extract

The Korea Food and Drug Administration is considering accepting DAB–grade ginkgo biloba extracts for export and domestic use. Currently, the drug agency has approved the USP based ginkgo biloba extracts, but the st...

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