News About: Goverment
KFDA set to extend validation waiver for GMP
The Korea Food and Drug Administration is expected to support a plan to recognize the conventional drugs whose GMP (Good Manufacturing Practice) validation was fulfilled based on the in-house regulations of pharmaceu...
Patent linkage system to be postponed by 18 months
Korea and the Unites States signed their landmark free trade agreement on June 29, after both sides agreed on FTA amendments.
The changes include stronger labor and environmental standards as requested by the U.S. ...
Top number of product registration was diabetic drugs.
Up to May this year the total 109 cases of the new product registration were found the diabetic drugs according to the KFDA report. The total new registration was 933 products including 86 importations, which was rema...
1 trillion won to set aside for research for 10 years
The Ministry of Health Welfare said on June 27 that the government will allocate 1 trillion won for ten years to support the domestic pharmaceutical industry, which are expected to be hard hit by the free trade agreem...
KFDA approves cervical cancer vaccine Gardasil
Korea people are delighted to hear that a vaccine against cervical cancer will be marketed, possibly in September or October.
The Korea Food and Drug Administration (KFDA) approved on June 27 the sale of Gardasil, ...
Prices of 5,083 drugs to be re-evaluated this year
The Ministry of Health and Welfare decided to re-evaluate the prices of 5,083 items in 2007, and the results will be made public at the end of this August.
The drug price re-evaluation program will cover all drugs ...
1 trillion won of medication cost saving by activating substituted dispensing.
The substituted dispensing system for the same ingredient proven of its equivalency may create a remarkable saving in the NHI as well as patient's finances when activated.
Rep. Moon Hee of the GNP and the Nationa...
NHI prices for parenteral solutions raise 69% in high.
Taking effect from the next month, the NHI reimbursement prices for Dextrose and saline solutions would be 69% hike according to the MOHW NHI drug price list announced on June 22.
For instance, the price of C...
37.9 billion won set aside for health and medical sector in 2008
The Ministry of Health and Welfare said recently that the government has allocated 37.9 billion won to support the nation's health and medical sector in 2008.
In its 2008 budget bill submitted to the National Assem...
Model prescription project in generic names visualized targeting on 34 drugs.
The National Medical Center (NMC) was nominated as a leading institution in exercising the model prescription projects written in generic drug names initially targeting 34 drugs with 20 active ingredients includ...
