News About: Goverment


Rep. Won picked new vice floor leader

Rep. Won Hee-mok, including Rep. Jung Mi-kyung, was recently selected as one of 13 vice floor leaders of the governing Grand National Party (GNP). A pharmacist-turned Won is the member of the National Assembly’s H...

Pharmacists support bill to refund hospital’s overcharging money

A bill to help patients get their money refunded over the treatment costs overcharged by hospitals is feasible, according to the Korea Pharmaceutical Association. The KPA vice chairman Lee Hyung-chul said in a rece...

KFDA mulls incentive over tar pigment-free cold medicines

The Korea Food and Drug Administration is to ask pharmaceutical firms to boost the production of tar pigment-free cold medicines for children. To this end, the drug agency is also considering shortening its product...

Drug agency to strengthen validation over imported medicines

Drug importers are obliged to pay more attention to keep validation data of corresponding items as the Korea Food and Drug Administration plans to get tough on validation business of imported drugs. “It is imperati...

Government reaffirms pharmacy school quota’s increase

The Ministry of Health, Welfare and Family Affairs has vowed to increase pharmacy school quota to cope with growing demand of pharmacists in pharmaceutical companies and large hospitals. The government should focus...

NHIC to have initiatives over drug price

The National Health Insurance Corporation will have a sole responsibility to decide which new drugs are to be put on the positive list and how much they will cost through negotiations with pharmaceutical companies, ac...

Leading drug makers to face drug price cut

Prospects have been grim for leading pharmaceutical firms, as the government plans to lower the insurance prices of leading drugs based on sales. The price re-evaluation work has been made every three years in a bi...

24.5 trillion won earmarked for new growth engines

The government plans to spend 24.5 trillion won in the next five years to develop competitive products that can fuel the country's long-term economic growth, The plan calls for concerted efforts to build up 62 star...

Drug master file to cover excipients including talc

The Korea Food and Drug Administration says it will include various excipients and additives including talc into the drug master file from next year as part of its efforts to ensure the quality of pharmaceutical raw m...

Food makers cannot describe any wordings ‘certification’, ‘guarantee’

Many people could be attracted to buy food products if the products was certified, guaranteed and recommended by a renowned civil organization. However, the Korea Food and Drug Administration (KFDA) warned that foo...

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