News About: Goverment


MOHW careful over enlarging No. of pharmacists

While the pharmacists’ society has recently focused attention to the increase of pharmacists along with huge demands to create more colleges of pharmacy, it was diagnosed it was unnecessary to create more of the colle...

“National Health Insurance Coverage Extension Plan and National Responsibility for Dementia will reduce medical expenses for the people in Koreas”

President Jae-In Moon of Korea stressed to cut the medical expense pressure for the people with the National Health Insurance Coverage Extension Plan and the National Responsibility for Dementia which will start this ...

MOHW excluded from ‘Fourth Industrial Revolution Committee,’ while health care industry is mentioned in ‘Special Committee for Health Care’

While the industrial industry, like health care, have a lot of concerns about the Ministry of Health and Welfare being excluded from the ‘Committee for the Fourth Industrial Revolution Innovation,’ all the discussions...

MFDS’s active plans to mutually approve GMP for medicines with EU countries

The Ministry of Food and Drug Safety’s cooperative project for the mutual GMP(Good Manufacturing Practice) with EU countries has started to produce positive results. The Ministry of Food and Drug Safety(MFDS) announc...

Pharmaceutical & biologic manufacturing and industrial engineers excluded from original license plan

Licenses for the biotech and pharmaceutical fields, which had caused issues for the past 3 months, was removed from the ‘Technical License Plan for the Fourth Industrial Revolution’  as accepting opinions from governm...

MFDS’s excessive regulations working as obstacle on OTC drugs

Pharmaceutical companies were reportedly known to have difficulties in developing OTC drugs due to a similar level of regulations with ETC medicines on OTC drugs. According to the pharmaceutical industry, there repor...

MFDS will take action of personnel reform January

2 of the local ministries of food and drug safety in Seoul and Daejeon reportedly have a vacancy in minister, which raises an expectation that they would have a series of high-rank officer appointments soon. Accordin...

MOTIE announces promotional project for potential intellectual properties with KRW 6 billion budget in 2018

The MOTIE will recruit companies for the potential IP(intellectual property) promotion project worth of KRW 6 billion. The Ministry of Trade, Industry and Energy(MOTIE) officially announced to recruit new applicants ...

2,019 medicines approved last year, 70% were generic

7 of 10 medicines approved last year were reportedly a generic referencing an original product. 75% of approved medicines, moreover, were ETC and 25% of them were OTC. Yakup Shinmoon analyzed the Ministry of Food an...

26 medicines receive sales suspension after Patent Linkage System

In the past 2 years after the Patent Linkage System is adopted, 1 of 3 sales suspension measures by original pharmaceutical companies against generic challengers have reportedly been accepted. The Ministry of Food an...

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