News About: Goverment


Doctors urged to enhance people's health through prescription by generic name

Doctors need to activate the prescription by generic name so as to promote the people's health and the customers' welfare, a pharmacist said. Shady deals between doctors and pharmaceutical firms have been criticize...

Public hospitals to conduct preliminary business for subscription by generic name

The model business of prescription by generic name for 20 active ingredients (34 medicines) is expected to be implemented at state-run hospitals nationwide in September, attracting more interest from the pharmaceutica...

GMP upgrade to reflect in NHI drug price determination as an incentive.

In discussion with the MOHW, the KFDA may implement new incentive plans for the products manufactured at the upgraded GMP (c-GMP) companies to reflect better NHI drug price approval. The KFDA's incentive plan also...

GMP mutual recognition may help yearly 26.8 BW export growth.

The GMP mutual recognition between Korea and the U. S. under the KORUS FTA after 2011 may help yearly 26.8 billion won worth of the overseas drug export. In the National Assembly hearing meeting the KFDA and KHIDI ...

Patent linkage system should be promoted

Korea needs to introduce the patent linkage system in a bid to help Korean drug makers focus on research and development of new drugs to survive in an era of the Korea-U.S. FTA, a patent attorney said. In a recent ...

NHI paid 26.4 BW for domestically developed new drugs in 6 years.

So far 11 new drugs have been originally developed and marketed by local researchers, 6 of which were approved for the national health insurance (NHI) reimbursement and found that during the past 6 years the total NHI...

Korea to reopen free trade deal

Korea and the United States will hold more talks to supplement their free trade agreement (FTA) beginning June 21, as the U.S. has formally asked Korea to renegotiate seven areas of a proposed free trade agreement. ...

Pharmaceuticals to be excluded from US FTA renegotiation list

The Korean government is set to hold renegotiations with the United States on a free trade agreement (FTA), focusing on labor and environment, while Korean critics focus on the situation that the U.S. is struggling to...

Government supports GMP modernization plans for small/medium industries.

The government is going to support various GMP modernization plans for the small and medium pharmaceutical industries where the KORUS FTA heavily impacted adversely. Minister nominee Byeon Jae-jin of MOHW said in ...

Warning to be put in Avandia, Actos

The Korea Food and Drug Administration said on June 12 that it instructed GlaxoSmithKline and Lilly Korea to add the warning to the instructions of Avandia and Actos, following widely publicized medical report that su...

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