News About: Goverment
LG Life Sciences Participates Joint International Research Project
The Korea Health Industry Development Institute (KHIDI) has selected LG Life Sciences (LGLS) as a designated partner for a joint international research project between the government and Scotland's University of Aberd...
Pharmaceutical Firms Receive Penalties for Various Violations
Based on the 4th quarter 2004 pharmaceutical inspection report by Kyungin Regional Korea Food and Drug Administration (RKFDA), many of major domestic pharmaceutical firms received administrative penalties for a variet...
Health Ministry Suggests Centralized Licensing Control for Foreign Invested Healthcare Facilities
The Ministry of Health and Welfare (MOHW) made a suggestion earlier this week that the central government office should take control of licensing the foreign invested medical hospitals and other healthcare facilities ...
Uncertainty Arises for Proposed Pharmaceutical Law Reform Bill
In light of the February 1st opening of the National Assembly extra session, the pharmaceutical industry is giving its close attention to the proposed reform bill on the Korea Pharmaceutical Affairs Law, covering the ...
Government Imposes Regulatory Requirement on Drug Safety Device and Packaging
The government recently made an official announcement of approved regulatory revisions governing the Drug Safety Device and Packaging guidelines as specified under the Korea Pharmaceutical Affairs Law.
The approved...
Proposal for Regulatory Amendments for Corporate Pharmacies Submitted for Review
The proposal for regulatory amendments surrounding an establishment of corporate pharmacy entities was submitted to the national assembly on February 1st, where the major revision item is to permit the corporate entit...
Government Identifies Neurodegenerative Disorder Treatment as Key Investment Initiative
Among the list of ten strategic investment initiatives identified by the government, based on their potential market commercialization and profitability assessments, the development of novel treatments for degenerativ...
Total National Pension Payout Determined at 2.9 Trillion Won for Last Year
The National Pension Corporation (NPC) has released the actual Year 2004 pension fund activity details, where the total number of beneficiaries was estimated over 1.53 million people receiving the payout total of 2.9 ...
KFDA Seeks Increased Cooperation Towards Providing Current Unit Packaging Details
In order to realize an efficient enforcement of the pharmaceutical small-unit packaging requirement, which is still under review, the Korea Food and Drug Administration (KFDA) recently announced of its directive on th...
Government to Expand National Health Insurance Coverage
The Ministry of Health and Welfare (MOHW) recently announced of its plan towards systematic improvements in the area of the National Health Insurance (NHI) coverage allowance, where the specific details will be laid o...
