News About: Goverment


2017 budget cut for telemedicine, but increased for narcotics management

A preliminary examination of the 2017 Budget Bill of the Ministry of Health and Welfare(MOHW) and Ministry of Food and Drug Safety(MFDS) – which cut the budget for telemedicine and increased the one for the narcotics ...

Health and Welfare Committee to deliberate 240 legislative bills

The 20th National Assembly Health and Welfare Committee will start the first introduction and deliberation of legislative bills from the 31st. The committee will hold a general meeting on the 31st, and is planning t...

MFDS’s plan to recruit large number of doctors

The Ministry of Food and Drug Safety(MFDS) is discussing a plan to recruit doctors as examiners to evaluate Korean pharmaceutical approvals for synthesized drugs and biomedicines. It was known the ministry is plannin...

MOHW, “Propriety of insurance prices will be reviewed in first half of 2017”

The Ministry of Health and Welfare(MOHW) will conduct studies and reviews about propriety of drug insurance prices in Korea next year. As an answer to the question raised at the recent National Assembly, the MOHW del...

President Park, “The government plans to focus on supporting R&D of biomedicines”

President Geun-Hye Park announced R&D support plans focusing on biomedicines. At the ‘Next Year’s Budget Speech’ on the 24th, President Park explained the 2017’s budget which exceeds KRW 40 trillion, and stressed the...

MFDS largely expand the number of personnel for drug approval and assessment

The Ministry of Food and Drug Safety(MFDS) will expand the number of personnel for approval and assessment. The MFDS administrative notified the ‘Partial Revision to the Fee Policy Related to Drug Approval,’ which in...

Both ruling & opposition parties to support ‘opposition to remote drug dispensers’

Representatives of the ruling and opposition parties, who participated in the National Pharmaceutical Convention, showed opposing opinions to implementation of video drug dispensers, which created enthusiastic respons...

7.7 Reform Measure for Insurance Price to be confirmed

The preferential policy on biomedicine and innovative drug prices and the drug price cuts on market prices are expected to be finalized and implemented. At the announcement of the 10th Trade-Investment Promotion Meet...

Government will secure 100 biomedicine candidates by 2027

The government announced a plan to secure more than 100 candidate biomedicines and promote global pharmaceutical companies by the year of 2027. The government held the 3rd Special Bio Committee(Chairperson Nam-Ki Hon...

“NPS should file for damage claims if finding Hanmi’s illegal activities”

While the Hanmi Pharm’s delayed report about patient side effects has aroused various doubts, a suggestion was made if the National Pension Service should file a damage claim for estimated losses of KRW 150 billion on...

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