News About: Goverment


Civil urges government to implement positive list system from September

The Korean government will have to implement the so-called positive list system' in September as originally planned, a civil group said on June 25. Under the positive list system, new products of overseas and domes...

Firms calling for more activation of preliminary consultation system

The pharmaceutical business sources said the government needs to activate its drug-related preliminary consultation system that may help expedite the license procedure of locally developed biotechnolgy drugs or import...

Health ministry to enact new drug-pricing policy

The Ministry of Health and Welfare (MOHW) said on June 24 it would legislate a proposed drug pricing and reimbursement policy. According to the ministry, it will issue a pre-announcement, 60 days before changing Ko...

KFDA to review 851 drugs as of July 2006.

As of July 2006 the total 851 drugs including Choongwae's Fosrenol and other 29 products have been reviewed in their safety and efficacy, indicating slightly less than the previous year of 911 drugs. By company th...

742 combined drugs to exit from NHI reimbursement by Nov.

In the wake of the government's saving plans for the drug expenditures the total 742 non-prescription combined drugs will be converted to the non-NHI reimbursement from coming Nov. The MOHW took a meeting of "NHI P...

Civic group seeking further price reduction of new drug

Following the recent insurance price reduction of AstraZeneca's Iressa from 62,010 won per tablet to 55,003 won, a civic group said it plans to call on the government to lower the prices of innovative drugs, to help e...

Legislation of new drug pricing policy delayed

The enactment of a proposed drug pricing and reimbursement policy has been postponed for two days after the economic ministers' meeting on July 22. The Ministry of Health and...

Health functional foods market thrives

The domestic health functional foods market has grown exponentially in the past few years, backed by the nation's well-being boom. Health foods makers and pharmaceutical firms are all rushing toward the burgeoning ...

KIHSA suggests government's bigger role for drug risk management

The government will have to reinforce inspecting and tracking the risk management of drugs in a bid to prevent their harmful effects in an effective manner, an expert said at a seminar. The government should place ...

KFDA reports no benzene in Vita-1000 and Miero Fiber.

Most of the vitamin beverages including Dongwha's Vita-1000 have been found no contamination of benzene, probably due to the manufacturer's full efforts for its quality control improvement. The KFDA earlier urged t...

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