News About: Goverment
NHIC, Novartis unable to agree on Glivec price
The National Health Insurance Corporation (NHIC) and Novartis Korea adjourned on April 6 two occasion of price negotiation over Glivec with no agreement on how to cope with “reasonable” price.
Now all eyes are on t...
New bill fails to satisfy pharmacists
Rep. Bae Eun-hee of the ruling Grand National Party has proposed a new draft of the revised Medical Law that includes increase of fines over improper or falsified reports.
However, pharmacists released a statement ...
Concerns are growing over asbestos-containing products
The Korea Food and Drug Administration said on April 6 that it has banned the sale of cosmetics maker Locean's five products containing asbestos
The KFDA banned sales and distribution of the products and issued an...
Government to carry out second DUR plan
The Ministry of Health, Welfare and Family Affairs plans to adopt the second drug utilization review (DUR) plan on a trial basis from next month to November this year in Koyang, Kyunggi Province.
320 pharmacies and...
KFDA to strengthen safety regulations of biological products
The Korea Food and Drug Administration said on April 2 that it will toughen quality control rules on the safety of biological preparations (e.g., vaccines, blood products and antitoxins) as well as their raw materials...
Medication costs top 9.5 trillion won in 2008
The national health insurance spent 9.5 trillion won last year to cover medication costs for its subscribers, up 55 percent compared with 6.1 trillion won in 2004, according to the National Health Insurance Corporatio...
HIRA to look into dumping acts in hospital bidding
The Health Insurance Review and Assessment Service said on April 1 that it will look into problems from the current hospital tenders in terms of competitions laws.
In a recent meeting with eight executives from the...
Government seeking to punish rebate takers and givers
The government will step up its fight against rampant illegal rebate practices, under which doctors and pharmacists receive money from drug makers in return for prescribing or recommending their products.
Illegal ...
KFDA to get tough over postmarketing surveillance system
The Korea Food and Drug Administration will embark on looking into the postmarketing surveillance (PMS) system of the pharmaceutical industry as the PMS system has been utilized as a tool of promoting new products.
...
7 generic drugs delisted from health insurance
The Ministry of Health, Welfare and Family Affairs announced on March 30 that seven generic drugs must be taken off the market due to lack of economic effectiveness.
Hyperlipemia drugs produced by Young Pharm, Otsu...
