News About: Goverment
KFDA approves additional indication of Gardasil
The Korea Food and Drug Administration says it has approved the additional indications of Gardasil, the first vaccine produced by US pharmaceutical firm Merck.
The approval came based on the clinical results of 15,...
KFDA mulls introduction of vendor audit system for raw materials
The government plans to introduce the vendor audit (supplier audit) system as pharmaceutical raw materials should be validated under the current GMP system from next year, the Korea Food and Drug Administration said r...
Per capita medication expense averages 210,000 won last year
A Korean spent an annual average of 210,000 won on medicine expense in 2008, according to a report released by the National Health Insurance Corporation and the Health Insurance Review and Assessment Service.
This ...
Prescription of thrombolytic agents to be restricted
The government plans to restrict prescription of thrombolytic medications as much as possible, according to a source from the Ministry of Health, Welfare and Family Affairs.
Under the newly revised regulation, doct...
Drug regulator to get tough over imported psychotropic materials
Local psychotropic importers will be required to obtain an import license for narcotics (psychotropic materials) from December 20
Under the newly revised regulations, narcotics importers should submit a variety of ...
Prices of 153 items to be lowered from next month
The Ministry of Health, Welfare and Family Affairs says health insurance prices of 153 items will be reduced from this December by 6.31 percent on average.
Included in the 153 items are Handok Pharm’s Triapin (rami...
Health insurance premium to rise by 4.9%
The national health insurance premium will go up by 4.9 percent from next year, the Ministry of Health, Welfare and Family Affairs announced on November 25.
A ministry spokesperson said the hike was inevitable beca...
Drug cost guidelines makes public
The cost breakdown criteria for new homegrown drug were revised, according to the National Health Insurance Corporation.
In an information session, KHIC officials said that under the revised cost guidelines, genera...
Korea United Pharm seeking to change local production base
Korea United Pharm Inc., a fast growing pharmaceutical company, is considering moving its production site to Vietnam to manufacture metformin tablets.
"Vietnam is our Asian base. Southeast Asian nations are likely ...
Low-priced incentive system to fatten hospitals
The new incentive system is likely to have patients and health insurance subscribers make undue payments to fatten the coffers of hospitals and doctors, according to market insiders.
Aimed at providing cheaper drug...
