News About: Goverment
‘3 Rebate Prohibition Laws’ pass National Assembly plenary session
After going through ups and downs, an amendment to the Medical Law which includes a bill to tighten punishment for medical service providers receiving rebates passed the National Assembly plenary session.
The Nationa...
MOTIE decides to invest KRW 38.5 billion for early-phase bio-ventures
A route was created for Korean biotechnology ventures to easily attract investments in their early phase.
It was announced on the 30th of November that the Ministry of Trade, Industry and Energy(MOTIE) and 17 privat...
Medical Law to tightening punishment for medical providers receiving rebates passes
The amendment to the Medical Law, which strengthens punishment on medical service providers receiving rebates and obligates surgeons to explain surgical procedures, passed the plenary session.
The National Assembly O...
Hanmi’s ‘Olita Tab’ issue lead bill to tighten safety of clinical trial
While Hanmi Pharm’s Olita Tab encounter side effects of death during a clinical trial and is still causing issues, a bill to tighten safety of clinical trial was tabled.
On the 25th, The Minjoo Party Rep. Jung Park a...
MOHW, “We will actively provide supports for innovative pharmas”
The Ministry of Health and Welfare(MOHW) announced to more aggressively support innovative pharmaceutical companies.
Joo-Young Kim, Health Industry Development Division Director at the Ministry of Health and Welfare,...
MOHW announces will to improve drug pricing system and extend support in R&D
On the 22nd, Vice Minister Moon-Gyu Bang of Health and Welfare visited the Yuhan Corporation Laboratory, and announced a will to expand the support on R&D for continuous improvement on the drug price system and develo...
Outsourced research for ‘extension of household products’ to be completed soon
The outsourced research for extension of emergency household drugs in convenient stores will be completed this November as expected.
According to the Ministry of Health and Welfare(MOHW), the research is expected to ...
MFDS, “We are considering to raise funds to lessen price burden for anticancer drugs”
The Ministry of Health and Welfare(MOHW) is reviewing to raise extra funds to increase accessibility for anticancer drugs.
On the 17th, Hyung-Woo Ko, a pharmaceutical benefits director of the MOHW, announced the mini...
New era of quality and safe cosmetic products in Korea
The number of cosmetics companies which received CGMP(Cosmetic Good Manufacturing Practice) exceeded 100 companies. According to the Ministry of Food and Drug Safety(MFDS), the number of companies that were judged app...
MFDS becomes member of ‘ICH,’ international council for drug regulation
On the 14th, the Ministry of Food and Drug Safety(MFDS) announced Korea become a member at the ‘2016 2nd Half’s General Meeting for International Council on Harmonisation(ICH)’ held in Osaka, Japan.
The membership i...
