News About: Goverment
New product licenses issued last year total 5,188
The Korea Food and Drug Administration said on January 28 it approved a total of 5,188 medicines last year, including oriental medicines and raw materials.
Of the 2,849 pharmaceutical drugs licenses, tonics topped ...
Sibutramine preparations to be likely viable
Local manufacturers of sibutramine preparations are waiting for the imminent January 29 decision by the Korea Food and Drug Administration.
Market analysts predict sibutramine preparations will continue to be marke...
New cGMP system boost competitiveness of local drug makers
With the introduction of a new Good Practice Manufacturing (GMP) system in 2008, Korean pharmaceutical companies are focusing on the manufacture of quality pharmaceuticals, according to the Korea Food and Drug Adminis...
70% back pharmacist’s intervention
A majority of people feel possible about pharmacist’s role to re-use older medicines at home, according to a recent survey.
The survey of 2,070 citizens in Seoul, conducted by Seoul National University, showed that...
Osteoporosis drug plus calcium therapy is negligible, HIRA says
Korean doctors are liable to prescribe osteoporosis drugs, such as bisphonates, without calcium supplements, according to the Health, Insurance Review and Assessment Service (HIRA), an affiliate of the health ministry...
Two drug makers sanctioned over non-compliance of process validation
The Korea Food and Drug Administration says it discovered two local pharmaceutical companies that failed to comply with the current GMP (current good manufacturing practice) standards.
According to the drug agency,...
Controversy grows over HIRAS president resignation
The Health Insurance Review Assessment and Service confirmed on January 25 that its president Song Jae-sung expressed his will to resign to the Ministry of Health and Welfare due to unidentified reason.
The decisio...
KFDA approves Micardis for hypertension
The Korea Food and Drug Administration said on January 22 that it has approved the supplemental indication of Micardis (telmisartan), an angiotensin II receptor blocker (ARB), for reduction of the risk of myocardial i...
7 functional health foods to delist from food compendium
A total of seven functional health foods, including mushrooms, royal jelly, pollen, enzyme products, yeast products and plant extract, will be delisted from the official food compendiums, according to the Food and Dru...
Minister Yoon urges deregulation on pharmacy business
Korea's finance minister said Korea should overhaul the business licensing system ― any person now, for example, can open a pharmacy as long as he or she hires a pharmacist.
In a press interview with a local paper ...