News About: Goverment


Corporate watchdog sues 5 drug makers

The Fair Trade Commission (FTC) said on November 1 that it plans to refer five out of the 10 companies that profiteered the most from the unfair trading, soon to prosecutors. Those companies involved are Dong-A Pha...

Government-private meeting discusses launching period of generic products

The government plans to set up a system, through a revision of the Korean Pharmaceutical Affairs Law, to suspend the approval process of a generic drug after screening the results of its bioequivalence testing related...

Gross sales of health foods top W700 bil. in 2006

The Korea Food and Drug Administration announced on October 30 that the total output of 45 health foods stood at 12,269 ton last year and that their gross sales posted 700.8 billion won, up 2.2 percent compared ...

Doctors still overprescribe medicine

Korean doctors continue to overprescribe drugs to patients over frequently-treated five diseases, said an official from the health ministry on October 30. In a recent survey of 17,621 hospitals and clinics nationwi...

Health ministry to root out illegal practice

The Ministry of Health and Welfare plans to launch full medical sector reform to eliminate rampant corruption, as the Free Trade Commission disclosed evidence that 10 pharmaceutical companies have been offering rebate...

Government to establish pricing criteria for efficacy-improved drugs

When an efficacy-improved drug gets listed for insurance coverage, the corresponding drug price will be determined in the same scope of the original drug whose patent was expired, the Ministry of Health and Welfare sa...

Health ministry to set 2008 medical insurance charge next month

The government will finally determine the rate of medical insurance charge through consultation with its health insurance members in November, a health ministry official said. Local two organizations Korean Medica...

Viagra's side effect cases top 599 for 3 years

A total of 599 cases of side-effects caused by Viagra (sildenafil citrate) to the Korea Food and Drug Administration have been reported for the recent three years (2004 to 2006), accounting for three time higher than ...

Side effects seen in patients treated with topical steroids

Topical high-potency steroid treatment of eczema in adults is often successful, but may be associated with systemic effects, said Rep. Chang Kyung-soo of the Unified New Democratic Party who cited data submitted by th...

Dispensing charge to rise 1.7%

The National Health Insurance Corporation said on October 18 that it will raise the dispensing fee of pharmacists by 1.7 percent beginning next year. The Korean Dental Association and the Association of Korean Orie...

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