News About: Goverment
KFDA announced final review against bio test institutes.
The KFDA announced the final review report on the bio equivalency tests on Sept. 28 that the total 75 products were found of its data discordance and therefore penalized with a registration cancellation and a re-test ...
KFDA calls for tighter bioequivalence testing
The Korea Food and Drug Administration (KFDA) has recently called on local pharmaceutical companies to conduct their own bioequivalence testing to raise their transparency.
In a press interview, a senior KFDA offic...
National Assembly to approve pharmacy's income tax revision
A bill aimed at exempting the taxation of margin-free drugs levied under the actually transacted drug reimbursement system is soon expected to pass in the National Assembly's Finance & Economy Committee, pharmaceutica...
Pharmacy and pharmaceutical industry under FTA and Positive List System.
How do the pharmacy and the pharmaceutical industry cope with the impending new marketing environments caused by the FTA and the government's drug pricing policy called "Positive list system".
Amid such an unpreced...
Legislation of proposed drug pricing should be postponed, experts saidThe Korea's new drug pricing policy will have to be enacted after gaining the general consensus, which is independent from the ongoing free trade agreement with the United State...
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Park Jae-yong named head of NHIC's finance committeeThe National Health Insurance Corporation (NHIC) has nominated Park Jae-yong, a professor at Kyungbuk medical college, as the chairman of its financial committee until 2008.
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DMF registration to apply all bulk drugs gradually until 2016.
The DMF registration for 77 ingredients was obligated and additionally 22 ingredients including Glimepiride should be registered under the subject of DMF controls until Jan. 2008. The DMF registration for all bulk dru...
New drug pricing policy in dispute
The Ministry of Health and Welfare will submit its revised drug reform bill to the National Reform Committee in an attempt to ensure the financial stability of the national health insurance scheme by cutting down the ...
Results of bioequivalent data fabrication to be released
The Korea Food and Drug Administration (KFDA) said it will unveil on September 28 the results of its ongoing investigation into 650 drugs from 1,250 bioequivalence-approved items, to check if pharmaceutical testing si...
MOGAHA to disclose legislation bill for KFDA shutdown.
The Ministry of Government Administration and Home Affairs (MOGAHA) announced to newly legislate a bill on Sept. 22 covering a shut down of the KFDA, the drug administration activity of which should be absorbed to the...