News About: Goverment


Integrated finance of two insurance cooperatives expected to implement from this July

The envisioned financial integration of both employees and regional insurance cooperatives will be in fact made available from this July, as lawmakers in the National Assembly's Health and Welfare Committee agreed tha...

Pharmacognosy Professor Association opposes waiver of toxicity tests on 152 herbal ingredients

In a second meeting held on June 19-20 at Hyosung Catholic Univeristy of Daegu, the Pharmacognosy Professor Association reaffirmed that it still oppose a new plan of the Korea Food and Drug Administration designed to ...

Plan of arbitrary drug price cut hits snag

The pharmaceutical business sources say that under the current a new actually transacted minimum price system to have been implemented since September of last year, the government plan to make another arbitrary cutbac...

KPA denounced 30 pharmacies in charge of pricing problems.

The Korea Pharmaceutical Association prosecuted about 30 retail and wholesale pharmacies who committed market pricing disorders and other discounting practices for patients just to entice more prescriptions, and deci...

10 new natural drugs projected to develope by 2010.

In the symposium titled "The new natural drug development trends and its administration system" sponsored by the Korea Health Industry Promotion Agency on June 20, Dr. Cho Yong-baek of SK Chemical and Mr. Chae Kyu-han...

MOHW to disclose subordinate provision drafts of Health Functional Foods Act.

The MOHW announced the drafted bills of the working rules and the enforcement decree of the Health Functional Foods Act on June 24 as a enforcing follow up of the Health Functional Foods Act (Aug. 26, 2002, No. 6727) ...

Drug Day to be revived on this October 10

It is likely that Drug Day, which was abolished in 1975 due to emergence of similar events since its enactment in 1961, may be re-celebrated from this October 10 at the latest, industry sources said recently Repre...

Legislation to support oriental medicine now suspended.

A legislating attempt for the oriental medicine fostering has gone failed. The National Assembly Health and Welfare Committee took a meeting on June 19 to examine 7 bills including the law pertaining to fostering orie...

Bill of new Korea Oriental Drug Administration mired

Pharmaceutical sources say that a bill designed to independently set up another Korea Oriental Drug Administration at Daegu was rejected by the National Assembly's Committee on Self-Governing Administration on June 18...

Production for small packaged drugs mandatory.

A production for small packaged drugs seems to be legally mandated for the consumers to save drug purchase costs and for the retail pharmacy to minimize idle stocks. To this end the KFDA will have a brief meeting ...

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