News About: Goverment


KFDA to spend 5.5 billion won by 2013 to establish stem cell guidelines

No one can deny the fact that this research has great potential to find cures for intractable diseases. Technologies developed from stem cell experiments are key to the development of the biotech industry, which i...

SK Chemicals’ Joins to be exposed to fiercer competition

Joins tablets, the homegrown oriental medicine of SK Chemicals Co. for treatment of arthritis, will not be as stable as before with a growing number of pharmaceutical companies poising to enter the Joins market. A ...

Patients with mild dementia get more health insurance coverage

The government has expanded its support for patients suffering from mild dementia of the Alzheimer type and receiving Reminyl (galantamine) from this month, the Ministry of Health and Welfare announced recently. Re...

KFDA to promote export of generic products

The Korea Food and Drug Administration plans to encourage Korean drug manufacturers to go all-out to make inroads into foreign countries as the domestic market shows clear signs of reaching saturation point. To thi...

Wholesalers seeking to maintain unified distribution

The unified distribution by wholesalers should continue to exist until the planned the reward scheme for doctors and pharmacists scheduled to be enforced from October may be viable, according to a local wholesaler gro...

Herceptin approved for treatment of HER2-positive advanced stomach cancer

The Korea Food and Drug Administration has approved Herceptin (trastuzumab) in combination with chemotherapy for use in patients with HER2-positive metastatic stomach (gastric) cancer, Roche Korea said on March 30. ...

KFDA to evaluate safety and efficacy of 202 off-label drugs by 2015

The Korea Food and Drug Administration has unveiled its plan to evaluate the safety and efficacy of 202 off-label drugs by 2015 through review of clinical data to see if the results support the drug for a specific use...

Radio tag for drugs to be planned

The government announced on March 31 that radio tags will be placed on the containers of 50 percent of all drugs sold here by 2015, as part of efforts to create a wireless tracking system that enables better inventory...

1,444 essential drugs designated

The Health Insurance Review Assessment and Service announced on March 31 a list of 1,444 medicines in six therapeutic categories that should be supplied without discontinuation. The HIRAS’s announcement came at a t...

New drug pricing plan to hit hospital wholesalers

Hospital-oriented wholesalers will face a bumpy road ahead as many hospitals are likely to seek officially-approved profits under the government’s new drug-pricing system, which will pay medical institutions and drug ...

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