News About: Goverment
Government to support natural drug development projects
Stimulated by the superior efficacy of Dong-A Pharm's natural product Stillen in the domestic market, the government set out measures to back the local natural product sector in addition to the current research and de...
LG Life Sciences sets sales target at W280 billion
LG Life Sciences has set its sales target at 280 billion won this year, according to the company.
We set this year's research spending at 65 billion won, compared with last year's 60 billion won,'' a company spokes...
Government unveiled KD bar code plan
The government announced on January 15 its standardized drug bar-code (KD code) plan, according to the Ministry of Health and Welfare.
Under the plan, the mandatory bar code system for injectables, ointments and li...
Korea to upgrade GMP system by 2010
The current good manufacturing practice (cGMP) will take place on a full-scale basis by 2010, as the revision of the enforcement regulation of Korean Pharmaceutical Affairs Law was promulgated on January 15.
The cG...
Government promulgates enforcement regulations of wholesaler's facility standard decree
The Ministry of Health and Welfare announced on January 15 the revised enforcement regulations of wholesaler's facility standard decree, aimed at regulating he minimum warehouse space of drug wholesalers by 800 m2.
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New GMP regulations to be released until Jan. 19
The enforcement regulations of a new current good manufacturing practice (cGMP) system and validation procedures are scheduled to be promulgated within this week, according to a government official.
Now that the fi...
1,419 items re-evaluated in 2007
The Korea Food and Drug Administration announced that a total of 1,419 items from 13 therapeutic categories, including antineoplastic agents, miscellaneous agents for treatment and diagnostics and chemotherapeutics, w...
Monthly reporting of drug shipments set to be delayed until October
The obligatory monthly reporting of drug shipments by pharmaceutical firms and wholesalers, which would take place in January, is likely to be deferred until this October, according to the Drug Management Information ...
Integrated food-related duties contemplated
Various food-related duties are likely to be integrated under the Ministry of Agriculture and Forestry when the new administration is inaugurated in late February.
The measure is in response to calls to create an o...
Government urged to set aside substantial investment for new drug development
The government plans to double its spending on the development of new drugs, as part of follow-up measures to the free trade agreement (FTA) signed with the United States.
To this end, the Ministry of Science and ...
