News About: Goverment
Medical advertisements without side effect warnings will get administrative action
The Ministry of Health and Welfare(Ministry Jin-Yup Jung) and the Korea Internet Advertising Foundation(Chairman Hyun-Yoon Lee) announced a plan to intensively monitor illegal medical advertisements conducted on the I...
MFDS’s plan to extend the conditional approval system for ‘new drugs’
The conditional approval system, which has been applied to pharmaceutical products that proved better or higher efficacy than existing ones, will be extended.
The Ministry of Food and Drug Safety(MFDS) announced the ...
MOHW to support expenses for establishment of overseas corporate bodies for pharmas
When Korean pharmaceutical companies establish local branches in other countries to expand their business overseas, the Ministry of Health and Welfare will support them in various ways, such as tailored financial supp...
MFDS, “We’ll address multinational pharmas’ drug shortage issue”
The Ministry of Food and Drug Safety(MFDS) displayed a plan to fix the multinational pharmaceutical companies’ behavior of making frequent drug shortages
Working for the MFDS, Pharmaceutical Policy Affairs Director S...
MFDS conducts revaluation for 28 functional ingredients of health function foods
The Ministry of Food and Drug Safety(MFDS) announced on the 8th that it will implement a revaluation system for functional ingredients of health functional food to supply safe and excellent health functional foods and...
Obligation to take preliminary examination for overseas college of pharmacy graduates
From the year of 2020, graduates at an overseas college of pharmacy must pass the preliminary pharmacist examination to take the national pharmacist license examination.
On the 8th of February, the government proclai...
Imposing fine for covering cigarette warning images to increase effectiveness
A bill to prohibit covering warning images on cigarette case when displaying them and impose a fine for violating this will be proposed.
Saenuri Party Rep. Seung-Hee Kim announced she proposed an amendment to the Nat...
MFDS plans to install ‘Harmful Medicine Sales Prevention System’ in pharmacies
A system to prevent sales and distribution of inappropriate pharmaceutical products in advance will be established.
In order to create a system to prevent purchase of medical and pharmaceutical products that have pos...
MFDS designates renal cell carcinoma therapy ‘cabozantinib’ as orphan drug
‘Cabozantinib,’ a progressive renal cell carcinoma treatment, will be designated as orphan drug.
The Ministry of Food and Drug Safety(MFDS) will make a pre-announcement of the ‘Partial Amendment to the Regulation for...
MSIP supports KRW 317.5 billion into biopharmaceutical fields
The government will support KRW 317.5 billion into the 6 major biotechnology fields, like development of new drugs, to strengthen competitiveness as a country strong in the industry.
In order to secure future potenti...
