News About: Goverment


Concerns rising over protracted business slump

Fears are mounting that a number of domestic drug wholesalers might be on the verge of bankruptcies in the overall sales slump amid the sluggish domestic economy. Such concerns come at a time when banks are tighten...

KHA calls for government deregulation on key issues.

The Korea Hospital Association (KHA) submitted a proposal titled "A recommendation to strengthen the hospital competitiveness and to upgrade the medical service quality in the 21th century" to the MOHW and the Nationa...

Health Ministry mulls improving actually transacted drug minimum price system

The Ministry of Health and Welfare is considering gearing up its move to ameliorate the current actually transacted drug minimum price system, which has been implemented since 1999, as part of efforts to ensure better...

No medical services for Korean patients in Special Economy Zone.

The Korea Oriental Medical Association (KOMA) announced to oppose the revised provision draft of allowing the medical services even for the domestic patients at the foreign hospitals established in the special economy...

KFDA to review 855 of new drugs in few years.

At present the total 855 drugs should be reviewed, of which the products from GSK among the foreign multinational drug corporations and Dong-A among the domestic drug firms are predominant. Lipitor, Plavix and Aprobel...

Korea promotes health and medical cooperation with China

Korea signed a memorandum of understanding (MOU) with China on September 16 as part of its effort to expand the cooperation between two countries in the contagious diseases, according to the Korea Center for Disease C...

Prime Minister asking for revolutional reforms on food and drug safety.

Prime Minister Lee Hae-chan demanded during the government policy coordination meeting for the current government issues on Sept. 15 that the new administration plan for the food and drug safety and distribution syste...

Critics calls for repeal of government's free economic zone policy

A health-related progressive group on September 10 called on the government to abolish the revision of free economic zone law in a move to better protect the Korean people's quality of life, saying it will seek an ous...

Safe container requirements extended to solid oral drugs.

The current provision requires a safe container for the liquid drug, which seems to be extended to the oral solid drugs under a certain probation period as the industry needs a heavy investment for the supply of conta...

KFDA approves five ingredients used in health foods

The Korea Food and Drug Administration announced on September 14 that it has approved five ingredients for the formulation of health foods in addition to sardine peptide and xylitol (see the following table), ...

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