News About: Goverment
Rewards for innovation is essential
The main reason why companies want the pharmaceutical market and the pricing and reimbursement system to be predictable and transparent is that pharmaceutical R&D investment is very long-term and carries a significant...
Government urged to re-establish pharmacoeconomics program
The government will have to re-evaluate the economic effectiveness of antihypertensive agents by clinicians who can induce a clinical rationale based on fair and transparent standpoint, the local two organizations sai...
KFDA requires additional warning for co-administration of 30 medicines
The concomitant therapy of 30 drugs carries the risks of side effects, and from now on, the Korea Food and Drug Administration (KFDA) says those risks have to be spelled out in detail on the product labels.
The dru...
KFDA to make public screening guideline for superbiosimilars in September
The Korea Food and Drug Administration said it will form a working group to formulate a new guideline for biological products, the so-called superbiosimilars or biovectors as early as in September.
“The guideline w...
Doctors calls for more rational approach to drug pricing policy
The government needs to conduct drug pricing policy in more careful manner to guarantee the success of so-called positive list system.
In a recent symposium organized by the Korean Medical Association, all panelist...
Rebate-taking doctors, pharmacists to face punishment
Doctors and pharmacists who receive what are widely known as rebate from pharmaceutical firms in return for prescribing more recommending their products will face a maximum prison term of two years or a fine of up to ...
Korean drug makers urged upgrade GMP level
Local pharmaceutical firms need to comply with international GMP (good manufacturing practice) as some products are still found to be inappropriate, according to an official at the Korea Food and Drug Administration.
...
36 pharmacists run for June local elections
A total of 36 pharmacists officially registered to run in the local autonomy elections scheduled for June 2, the National Election Commission said on May 14.
The official campaigning for the elections – which will ...
Pharmacists’ group agrees to revised medical law
The Korean Pharmaceutical Association says it accepts a revised law that punishes doctors for shady deals with drug makers.
Under a revision to the current medical law, however, doctors will spend up to a year behi...
New KFDA vice commissioner named
President Lee Myung-bak has named Lee Hee-sung, a former chief of the Korea Food and Drug Administration in Seoul, as vice commissioner of the administration, Cheong Wa Dae announced on May 17. Lee will replace Lee Sa...
