News About: Goverment


KFDA and Industry meeting for bio equivalency test fraud issue.

The KFDA and the pharmaceutical industry group have met together to discuss the issue of the bio equivalency test fraud at the 2nd floor of KPMA auditorium at 3 p.m. on July 19 in presence of the KFDA Drug Division he...

Little progress in second Korea-U.S. FTA talks

Korean and American negotiators on July 14 cancelled a series of meetings over differences on sensitive trade issues, clouding prospects for concluding the crucial deal by next March. Korea's chief negotiator Kim J...

FTA negotiation on pharmaceutical issues suspended.

On the 3rd day of the 2nd KORUS FTA meeting the negotiation on the pharmaceutical issues failed to make any further progress. The U. S. side strongly opposed against the Korean side's drug pricing system called "Po...

KFDA to strengthen monitoring of Lamisil cream

The Korea Food and Drug Administration (KFDA) recently said it will strengthen monitoring of Lamisil cream marketed by Norvartis Korea in response to the occurrence of its side effect vitiligo, which was reported by a...

Total assurance of NHI coverage needs 7 trillion won at least.

The Korea Hospital Association (KHA) suggested to the Blue House and the Medical Industry Modernization Commission (MIMC) under the topics of the medical industry modernization program that at least 7 trillion won req...

Government to designate new drug as state-of-art technology in December

The Presidential Commission on Healthcare Industry and Innovation said on July 11 that a new drug will be classified into one of the highly sophisticated technologies from this December. The Korean government consi...

Mutual recognition agreement in FTA likely to accept.

In the 2nd KORUS FTA meeting from July 11 to 14 they will discuss the pharmaceutical issues, highly anticipating that at least the MRA (mutual recognition agreement) between Korea and the United States seems to be agr...

Government to boost medical service industry

In a plan to boost the medical service industry, the Presidential Commission on Healthcare Industry and Innovation announced on November 11 that from late this year it will pursue a new system called Pay for Performan...

KFDA toughens food labeling rules

The Korea Food and Drug Administration (KFDA) said it has revised a food labeling requirements for trans-fats and about 450 food products such as cookies and fast foods to find out how much trans-fat they contain. ...

Pharmaceutical companies get $12 million orders in Shanghai

Korea's pharmaceutical manufacturers have executed a variety of contract orders worth $12 million at CPhI China 2006 held in Shanghai, according to the Korea Pharmaceutical Trad...

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