News About: Goverment
KFDA to overhaul functional health food codex.
To provide general consumers with a diverse option to get functional health supplement foods and to promote the functional health supplement food industries, the KFDA is earnestly considering a substantial level of ex...
Government to get tougher in drug approval process
The government plans to strengthen a system to suspend the approval process of a generic drug when the original developer files a complaint about patent violation against a generic maker that applies for product appro...
State-run medical institutions to prescribe drugs by generic name in September
Health and Welfare Minister Byun Jae-jin reaffirmed a plan that the National Medical Center would introduce the controversial system of prescribing medicines by generic name from next month, regardless of vehement opp...
Medical research center to open in 2010
A new medical research center will be set up in 2010 to assess the economic feasibility of sophisticated medical technologies, according to the Ministry of Health Affairs.
To that end, the ministry plans to draft a...
Household spending on medicines falls in second quarter
Korean households spent less on drugs than furniture or entertainment in the second quarter, the nation's statistical office said on August 9.
Each household spent an average of 29,400 won on medicines every month ...
Indian made bulk for generic drugs on the rush.
The bulk drug made in India has enjoyed its world markets with far less prices and high quality, which seems to prevail in the Korean market too.
The KFDA report on the subject of "Status of bulk drug DMF" disclose...
Multinational drug makers to face FTC scrutiny
Foreign-invested pharmaceutical firms will come under the scrutiny of the Fair Trade Commission as the Ministry of Health and Welfare has recently requested the FTC to demand these firms' unfair business code.
In a...
NHI payment possibility for anti-obesity medications attracts keen interests.
On July 25 the Seoul District Administrative Court decided that the anti-obesity medication should be deemed as an eligible subject to include the NHI reimbursement scheme unless the treatment was purported for an aes...
Government vows to enhance competitiveness of service market
The government plans to enhance competitiveness and productivity of the service sector and create more jobs, said an official from the Ministry of Finance and Economy on July 30.
To this end, the government has a p...
Government bans plural prescription on same medicine
Doctors are obliged to prescribe a high-content medicine from this month instead of plural low-content one, according to the Ministry of Health and Welfare on July 31.
The ministry said that under the plan, doctors...
