News About: Goverment
Bioequivalence testing of Glivec generic likely to be made compulsory
Drugmakers who intends to produce the generic version of Glivec (imatinib mesylate) will be required to conduct equivalence testing over patients instead of healthy volunteers.
“It must be necessary for pharmaceuti...
Government to raise parturition fee by 50 percent
The Ministry for Health, Welfare and Family Affairs announced on June 1 that to encourage OB/GYNs to deliver more babies, the ministry plans to raise the medical fee for parturition by 50 percent in two years.
Curr...
New drug-pricing plan to be implemented in October
The government plans to implement a new drug-pricing system aimed at uprooting rampant illegal rebate activities in the pharmaceutical industry from October 1.
The government approved a new healthcare law at a cabi...
238 digestives and circulation drugs likely to be delisted in health insurance
The Health Insurance Review and Assessment Service announced on May 28 an interim report of economic effectiveness over drugs belonging to five therapeutic categories.
According to the report, a total of 238 medici...
HIRA announces interim reports of economic effectiveness of drugs in 5 therapeutic categories
The Health Insurance Review and Assessment Service (HIRA) announced on May 28 the interim results of medicines in five therapeutic categories.
Government-screened drugs belonging to the five therapeutic categories ...
Most contenders running for June 2 elections disapprove for-profit hospital
Parties had been cautious about drawing the spotlight over major contentious issues, such as the four-river project and corruption scandal allegedly involving prosecutors, amid fears of a backlash in the wake of the s...
Doctors raise doubts on DRG-based payment
The government needs to re-evaluate the feasibility of diagnosis-related group (DRG) payment as only eight percent of all medical institutions join the prospective payment system, according to a local medical professi...
KFDA to set up OTC oriented department
The Korea Food and Drug Administration has unveiled a plan to establish a new department to deal with over-the-counter (OTC) drugs. Possibly within early next year.
According to the drug agency, the OTC department ...
1 out of 5 local clinical trials focus on anticancer drug
The number of domestic clinical trials undertaken in Korea was 1,485 for the last five years and among them, Korean firms sponsored 309 clinical trials for the development of new antineoplastic agents to treat gastric...
Implementing global budget Payment scheme to reduce healthcare costs
One of the reasons for the government’s efforts to lower drug prices is the rapid increase in health care expenses and spending on drugs in Korea.
Due to the rapid population aging in Korea - Korea is predicted to...
