News About: Goverment
Diagnostic test fee accounts for 76% in medical treatment
The diagnostic test charges for total medical costs increased up to 76.2 percent in 2004, according to Kim Kang-lip, a health ministry official.
In an international symposium on September 4, Kim said that this surg...
Rapid approval of generic biopharmaceuticals eyed
The Korea Food and Drug Administration is moving to establish a new regulation to allow the speedy product license procedures of generic biodrugs for the domestic pharmaceutical industry that is expected to be hard hi...
Purchase of anabolic steroid to be restricted as controlled drug
The Korea Food and Drug Administration announced on September 3 that it has designated anabolic steroids as controlled substances that may induce the misuse or overdose.
Anabolic steroids are said to produce increa...
Doctors required to prove fault-free treatment in medical accidents
The National Assembly's Committee for Health & Welfare said on August 29 that it would propose a bill that requires doctors to prove no-fault in medical accidents.
The bill will be sent to the National Assembly ear...
Concerns rise among Korean drug makers
The domestic pharmaceutical sector is expected to face an inevitable blow following the Korean government's plan to deny a local pharmaceutical company the license to sell generic drugs for at least 12 months, if the ...
NMC director reaffirms new prescription plan
The new prescription plan to make prescriptions by generic name, instead of the name of specific medicines as they do now, would ultimately give pharmacists the authority to decide which brand to give a patient, said ...
Manufacturing license for clinical drugs can be separated from product license
The National Assembly's Health and Welfare Committee on August 28 passed a bill allowing the separation of a manufacturing license for clinical drugs from a product license.
The revised pharmaceutical law is part o...
National Medical Center to conduct new prescription plan
The National Medical Center (NMC) plans to adopt a prescription plan, under which doctors will be required to prescribe 32 generic drugs of 20 active ingredients whose efficacy and safety are already established, inst...
Tax reform is positive, KPMA says
"We are positive about the recent tax revision of the Finance Ministry because it partly accepts our demand for tax cuts to ease the tax burden on the local pharmaceutical companies and upgrade the existing GMP facili...
Approval process for generic drugs will likely be suspended to a 12-month
Korea will set up a system to suspend the approval process of a generic drug when the original U.S. developer files a complaint about patent violation against a generic maker that applies for product approval, accordi...
