News About: Goverment


New screening procedure on OTC products to be eyed

The Korea Food and Drug Administration has unveiled its plan to legislate a bill to separately establish a new screening procedure concerning the safety and efficacy of over-the-counter (OTC) products, aside from the ...

160 items to benefit from health insurance

The Ministry of Health, Welfare and Family Affairs has announced that 160 drugs will be newly eligible for health insurance from next month. Included in the 160 items are Janssen Korea’s Prezista injection and Daco...

Drug license and management rules revised

The Korea Food and Drug Administration says it has recently revised drug license and management rules. Under the revised rules, it will be possible for a drug manufacturer to change the manufacturing site of active...

Private health insurance cannot be exclusive possession of the rich

Critics say private health insurance may be exclusively used by wealthy people, but such claim is groundless, according to a local researcher for the Korea Development Institute. Yoon Hee-sook, a KDI research fello...

Validation system restricts new application for ethicals

Influenced by the implementation of validation system on prescription drugs from July 1, pharmaceutical companies are now hesitant to file a new application for their prescription drugs. “Now that there has been no...

Exemption from national health insurance law

A revision to the enforcement decree of the National Health Insurance Law will come into effect from August 1, according to the Ministry for Health, Welfare and Family Affairs. The revision will allow for doctors t...

Profit-oriented hospitals ruled out

The government said it is opposed to the idea of changing the legal status of hospitals from a non-profit entity to profit-oriented, insisting on the public function of the medical industry. The Ministry for Healt...

'cGMP consortium to produce qualified medicinal products

The Korea Food and Drug Administration says it will support the projected formation of cGMP-oriented consortium, which has been promoted by 20 small-sized pharmaceutical manufacturers. The health watchdog predicts ...

President Lee replaces 3 ministers

President Lee Myung-bak named new ministers of welfare, education and agriculture in a partial reshuffling of the Cabinet on July 7. The reshuffle came nearly a month after L...

New prescription plan unlikely to be implemented sooner or later

A new prescription plan, under which doctors will be required to prescribe the actual chemical agent instead of the name of a specific drug product as they do now, will be delayed for a prolonged period of time. Ka...

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