News About: Goverment
Health ministry disclose details of Korea-US negotiation
The Ministry of Health and Welfare disclosed on September 18 the contents of the third-round free trade agreement (FTA) between Korea and United Sates in Seattle from September 6-9, saying an intellectual property rig...
New drug policy clouds FTA
The government reaffirmed on September 18 its determination to implement a new drug-pricing measure that is aimed at offering quality medicine at a cheap price, obstacle during the third round of free trade agreement ...
A civic group to debate drug price optimizing plan.
The group for health and welfare society (GHWS) took a discussion meeting on the subject of "Debate on the May 3 Drug Price Optimizing Policy" at the conference room of Korea Chamber of Commerce on Sept. 18. The excer...
Light penalty against violation of functional food productions.
The KFDA imposed a business shut-down penalty against the case where the functional health foods were produced in the drug facility without a due approval in the past, but put punishment with a shut-down of only the h...
Start-up firm finds salt-free sibutramine
CTC Bio, a Korean venture start-up, said it has acquired a new patent for salt-free sibutramine it claims can demonstrate an equal absorption rate compared with an original anti-obesity agent.
We will carry out mor...
KFDA to mull over Bio equivalency retest and GMP inspection.
It is said that the KFDA is seriously considering to determine the re-test of the bio equivalency for the total 200 drugs that were found uninterpretable from their destroyed computer data and the GMP inspection for t...
KFDA denies PPA related prescription
The Korea Food and Drug Administration (KFDA) squelched a report by a lawmaker that 84 hospitals and clinics nationwide have still prescribed phenylpropanolamine (PPA), an ingredient that may cause hemorrhagic strokes...
Pharmaceutical output totals 9.7 trillion won in 2005
Korea's drug production reached 9.7 trillion won in 2005, according to the Korea Pharmaceutical Manufacturers Association.
The figure is equivalent to about 1.1 percent of gross domestic product (GDP), up fro...
Small drug package ruling provision likely to pass on Oct. 21.
According to a reliable source in the pharmaceutical industry, it is very likely for the small drug package regulation to pass through at the Deregulation Council on Oct. 21 after fully enforcing the new provision fro...
Smaller hospitals are still prescribing phenylpropanolamine
84 hospitals and clinics nationwide have still prescribed phenylpropanolamine (PPA), an ingredient that may cause hemorrhagic strokes, to their patients for common conditions such as cold, coughs and sore throats.
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