News About: Goverment
Drug price controls to delay release of new drugs
The government has relied heavily on its regulation rather than competition to set prices, lowering drug spending through price controls applied to new and old drugs alike, according to a local professor.
In a semi...
KFDA to approve new flu vaccines within 6 months after application
The Korea Food and Drug Administration is considering giving new influenza vaccines a fast-tract approval as part of a move to rapidly increase both the number of manufacturers supplying Korea and boost the number of ...
Oral intake of asbestos-containing water and medicine is not harmful
There is increasing speculation that the oral intake of asbestos can cause tumors, but there is there is no justification for the claims, according to Park Gui-rai, a research fellow from the Food and Drug Safety Asse...
Drug Agency likely to loose small drug package regulation
The Korea Food and Drug Administration is expected to ease the controversial small drug package regulation under consultation with related parties.
The KFDA’s drug safety director Chang Byung-won said that the drug...
KFDA to give fast-track approval for human influenza A vaccine
A human vaccine against H1N1 Influenza A, which were reportedly developed by a local scientist, will get a quick approval as part of a move boost the number of doses for sale, according to the Korea Food and Drug Admi...
Asbestos-contaminated drugs to be recalled within this month
The regional Korea Food and Drug Administration (KFDA) said on May 15 it directed 42 pharmaceutical companies to promptly recall controversial drugs that are confirmed to have used talc or talcum powders with asbestos...
Government urged to expand law school quota to 1,600
The government will have to increase the pharmacy school quota to 1,600 at least, from the current number of 1,216 at 20 pharmacy colleges, according to a lawmaker of the ruling Grand National Party.
“The admission...
Government to get tough on ‘medical shopping’
Patient will not be able to receive the duplicate prescription of same medicines over the same disease from three hospitals from July, according to the Ministry of Health, Welfare and Family Affairs.
The ministry s...
Health insurance to increase coverage for rare diseases
The government will expand health insurance benefits for treatment of 18 intractable or rare diseases, the Health Ministry announced on May 8.
Patients suffering from narcolepsy, cataplexy and thalassemia will be r...
KFDA warns adverse events of botulinum toxin products
Prompted by the U.S. Food and Drug Administration’s reports of serious adverse events associated with botulinum toxin products, the Korea Food and Drug Administration said that a stricter label warning is necessary fo...
