News About: Goverment
Korea to set up new clinical center
This country will establish a new clinical center to screen the efficacy and toxicities of new chemical entities (NCEs) to ensure earlier commercialization of new home-grown drugs.
In a local forum hosted by the Ko...
Insurance-covered drug prices to fall by 20%
The government plans to decrease the insurance-covered drugs by 20 percent in a collective manner for the next three years.
The Deliberation Committee for Health Insurance Policy of the Health Ministry consisting o...
Korea to shorten screening period of phase 1 study
The Korea Food and Drug Administration says it will simplify the screening procedures of local phase 1 clinical trials here as part of efforts to make this country attractive for multinational pharmaceutical companies...
Bioequivalence testing to become compulsory for all ingredients of combined preparations, KFDA says
From October 27, generic combination drugs to be produced in Korea must prove they are equivalent to the patented medicines on which they are modeled.
Those applicants who intend to seek approval of the generic com...
Concerns grow on drug pricing reform
For insurance covered medicines, the government is reportedly to conduct cost-effectiveness analysis on conventional medicines that belong to 46 therapeutic categories in a bid to set a standard price based on the res...
132 veterinarians caught procuring illicit animal narcotics
The Korea Food and Drug Administration has recently announced it discovered 132 animal hospitals that violated animal narcotics-related regulation as a result of its inspection of agencies handling narcotics.
The d...
Ongoing safety review of sibutramine, marketed as Reductil, to make public within this week
The Korea Food and Drug Administration has reviewed additional data that indicate an increased risk of heart attack and stroke in patients with a history of cardiovascular disease using sibutramine, marketed as the we...
New product licenses total 1,574 in first halfLicenses for new products in the first half of this year totaled 1,574 items, according to a report released by the Korea Food and Drug Administration (KFDA).
By type of dru...
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More medical professionals abusing propofol
Propofol, the high-risk sedative suspected in Michael Jackson’s death, is a drug that is being increasingly abused by its users, say researchers and addiction experts.
In a recent forum organized by the Korea Food ...
Korea to upgrade quality of medical service
Beginning March next year, the government will introduce a system to designate treatment-focused hospitals nationwide to ensure better medical service, the Ministry of Health and Welfare Affairs said on July 14.
Th...
