News About: Goverment
Better finance stability in health insurance helpful to pharmaceutical firms
The unexpected finance stability in health insurance may pose a positive impact on pharmaceutical firms, a brokerage house said recently.
According to data of a parliamentary inspection and the Ministry of ...
New measures studied to boost substitute drug dispensing
A set of new measures that would greatly expand the basis for substitute drug dispensing via compulsory verification of efficacy equivalence on drugs whose bioequivalence testing is exempted and/or unnecessary, the Ko...
Big pricing gaps among pharmacies seen in frequently sold OTCs
There are three-fold pricing differences in frequently sold OTC products among pharmacies and this may cause the people's mistrust on drug prices, said a government agency.
According to a report released by the Kyu...
Better understanding about Product Liability Law desirable.
Recalling the Product Liability Law that was enforced from July 1, last year, it is pointed out that the pharmaceutical industry needed better understanding of this provision because the company might get serious busi...
KFDA to promote ADR monitoring system
The Korea Food and Drug Administration said recently that as part of offering most up-date drug-related safety information to medical professionals in a rapid and accurate manner, it will push up with an up-date drug ...
National Tax Service no longer to inspect pharmacy.
The National Tax Service (NTS) announced on May 14 under the title of "Tax Probe Reform Promotional Plans After May" that the pharmacy visit or the seizure of any pharmacy ledgers without prior notification would neve...
Pharmacists must describe dispensing details on prescriptions.
The MOHW announced in a bid to ensure the people's rights-to-know that the physician should issue a duplicate prescription for patients while the pharmacist must describe dispensing details on the prescriptions and ha...
Pharmacists requesting to scrap post-notification system.
The pharmacy circle strongly expressed their opinions of scrapping the post-notification system that is obligated for them to exercise the substituted dispensing practices in return for them to accept a new obligation...
Government seeks to penalize doctors refusing to issue two copies of prescription
The Ministry of Health and Welfare announced on May 13 that it will draw up a rule to compulsorily penalize doctors who has failed to issue two copies of prescription and this proposed rule will be in effect after app...
Bottom pricing system to scrap when drug pricing kept transparent
Minister Kim Wha-joong of the MOHW indicated in the meeting with President Kim Jeong-soo of the KPMA and other advisory panels on May 9 that the MOHW would scrap the current bottom actual transaction pricing system wh...
