News About: Goverment
High expectation in health insurance benefit negotiation with Jae-In Moon administration’s ‘reasonable benefits, reasonable burden’
The first 2018 health insurance benefit negotiation was completed for each association.
Negotiation teams, which took a brief look at the entire negotiation process, expressed that increases in the health insurance b...
5-Year-Cyle Pharmaceutical Product Renewal System to be enforced from this June
A policy for pharmaceutical products to get approval and renewal every 5 years will be enforced from the coming June.
The Ministry of Food and Drug Safety(MFDS) announced enforcement of the Pharmaceutical Product Ren...
Rep. Seung-Hee Kim, “The key of ‘reasonable benefits, reasonable burden’ is how to make financial resources”
While the 19th President Jae-In Moon administration is expected to make changes in the health care policies, Rep. Seung-Hee Kim(Health & Welfare Committee) at the Liberty Korea Party, which has become an opposing part...
MFDS changes status of medical narcotic monitoring from ‘regular to frequent’
The frequent onsite monitoring system will be operated as a measure to prevent misuse and abuse of medical narcotics, and the number of pharmaceutical products for the monitoring will be extended to 49 products.
The ...
Which health-related proposals the new administration will take?
The pharmaceutical industry has paid sharp attention to the new administration’s policies and directions related to the pharmaceutical and biotechnology industry.
First of all, the pharmaceutical industry expects the...
KPBMA, “It is necessary to install presidential control tower”
The Korea Pharmaceutical and Bio-Pharma Manufacturers Association(KPBMA) made a request to 19th President Jae-In Moon for ‘Installation of the Presidential Control Tower,’ which will create a valuable result called ‘n...
New administration raises expectations with prohibition of corporate pharmacies and reduction of fees for credit card readers
The Minjoo Party Candidate Jae-In Moon was elected with a 41.1% percent of popular support at the 19th Presidential Election on the 9th of May.
After visiting the Seoul National Cemetery and making the inauguration s...
Pharmaceutical & biotechnology industry bounces up with presidency of Jae-In Moon
The election of Presidential Candidate Jae-In Moon as the 19th president of Korea is expected to bring positive impacts even to the pharmaceutical industry.
The expectation is based on the debates related to health a...
MFDS’s active support on developing orphan drugs for Korean pharmas
The Ministry of Food and Drug Safety(MFDS) will make various systematic support plans to promote Korean pharmaceutical companies to expand their business into the orphan drug market which globally records a high 10% g...
‘Integrated Narcotics Control System’ starts on May 2018 for all items
The Ministry of Food and Drug Safety(Minister Mun-Gi Sohn) made a pre-announcement of the partial revision of the ‘Enforcement Regulations of Narcotic Control’ which changes the enforcement date of the ‘Integrated Nar...
