News About: Goverment
Government to scrap ex post facto system of actually transacted drug pricing
The government is considering scrapping the current ex post factory system of actually transacted drug pricing, if a plan to gradually lower drug prices is to be implemented in October, according to pharmaceutical bus...
KFDA to cope with drug waste and disposal issue
The Korea Food and Drug Administration is considering scrutinizing current issues with prescription drug diversion and disposal, and current initiatives to combat these issues.
The drug agency said it will increase...
KFDA mulls introduction of PSUR system in 2013
The Korea Food and Drug Administration is now considering introducing the PSUR (periodic safety update report) system in 2013 at the latest as part of its efforts to shorten the drug related license renewal period.
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Korea drugmakers focus on time release technology
Domestic pharmaceutical companies have turned their eyes to time release technology that may ensure better prices of insurance-covered drugs and shorten a longer period of time in the development of new drugs.
Time...
Will Health minister-nominee push industry-friendly policies
All eyes in the industry are now on President Lee Myung-bak's nominee for health and welfare minister in the recent cabinet reshuffling, who is expected by many experts to be more market-oriented than her predecessor,...
Joint/commissioned bioequivalence testing policy has pros and cons
Some pharmaceutical companies are eagerly pursuing the independent conduct of bioequivalence testing to improve their global competitiveness.
But other companies said the controversial joint and/or commissioned bio...
Rep. Chin Soo-hee nominated as Health Minister
President Lee Myung-bak nominated Chin Soo-hee, a second-term lawmaker of the ruling Grand National Party (GNP), as his new health minister on August 8.
The President also replaced five other Cabinet ministers and ...
Government urged to support 24-hour operation pharmacies
Discontent has mounted in pharmacies selling drugs around the clock and without closing.
Pharmacies designated for 24-hour operations have complained about shortage of working pharmacists and safety problem at mid-...
Government get tough on animal experimentation
Although primary responsibility for treating laboratory animals with respect on the basis of their intrinsic value rests with the researcher – it is the researcher, not the licensee, whom the laboratory animal expert ...
KFDA publishes 2009 product license report
The Korea Food and Drug Administration said on August 4 that it has published a report describing the license status of all pharmaceuticals last year.
The report contains a number data, including licenses of new dr...
