News About: Goverment
KFDA to announce drug safety control policy.
The KFDA is going to have an explanatory meeting at the conference hall of the KPMA at 3 p.m on June 10 for the practical working level staffs of relevant pharmaceutical companies, suggesting the policy therefore for ...
KFDA to overhaul overall registration processes
The KFDA plans to overhaul the current drug registration process in a bid to foster the domestic drug industry, realizing many problems as resulted from ever increasing social needs for higher quality of drugs since t...
Establishment and registration of pharmacy with non-pharmacist is not permitted
In response to the recent civil query that a pharmacist can establish a pharmacy with a non-pharmacist in partnership, the Ministry of Health and Welfare clarified that such business is deemed illegal, citing the prov...
Unsealed oriental OTCs can be sold without prescription
A person may be engaged in selling unsealed oriental OTCs without doctor's prescription, according to the Health Ministry's recent response to a query raised by a civilian.
The ministry further noted that under the...
Patients with mild disease will face higher individual burden from this SeptemberThe Ministry of Health and Welfare said on May 30 that it will impose heavier insurance burden to patients with mild disease (e.g., common cold, etc.) from this September at the...
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NorLevo unlikely sell as an OTC drug.
NorLevo is an emergent contraceptive pill which was registered under the prescription drug category.
The KFDA recently notified to Hyundai Pharm. Co., the importer of NorLevo, to report the provisionally precondit...
Government to embark on model development project for calculation of medical treatment charge
The Ministry of Health Welfare recently said that it appointed Dr. Choi Byung-ho at the Korea Institute for Health & Social Affairs as a head of a model development project to lead the calculation work of conversion i...
National Pension funds gained 6.35% of operational profits last year.
The National Pension Fund made about 6.35% operational profits last year, showing a slight down from the previous year of 8.99%.
The National Pension Fund Management Council took a meeting on May 29, reporting that...
KFDA vowing to toughen regulations on wholesalers
The Korea Food and Drug Administration said it will strengthen its ex post facto surveillance on the existing KGSP (Korea GOOD Sales Preactice)-accredited wholesalers in a bid to ensure the transparency of drug distri...
National pension premium rate to be seen drastic hike
The National Pension Development Committee, which have been bracing for Korea's better pension finance since its establishment on March 19, 2002, said it made a recent conclusion that the people needs to shoulder a la...
