News About: Goverment
Production of generic products declined
Now that the Ministry of Health and Welfare (MOHW) plans to exclude non-bioequivalence test drugs from the list of insurance covered drugs from May 1, many pharmaceutical firms are pushing forward the products with ma...
514 pharmacies suspected of business collusion under close supervisory.
The MOHW picked up 514 pharmacies suspected of business collusion on account of the shared entrances of premises with medical institutions or pharmacy owner's relatives with practitioners of the medical institutions l...
Drug-related regulations to be reformed
The Korea Food and Drug Administration (KFDA) says it is contemplating a series of new measures designed to ameliorate pharmaceuticals-related regulations in the first half of this year, including:
- As for the sam...
Indiscrete prescriptions for non-NHI reimbursable drugs to be curbed.
The MOHW intended to reinforce the on-the-spot inspection against the medical institutions where non-NHI reimbursable drugs are repeatedly and sustainedly prescribed.
The KMA earlier circulated a guideline to the m...
Standardization of herbal extract bulks eyed
The Korea Food and Drug Administration (KFDA) has recently announced it will draft a bill designed to notify the raw materials and preparations of herbal extract for their unified standards within this year.
The KF...
Irregular ads on prescription drugs prohibited
The Korea Food and Drug Administration (KFDA) has recently established a new clause designed to prohibit the irregular public advertisements of prescription drugs, such as anti-obesity drugs, hair growing agents and a...
Reference Price System to enforce for expensive drug controls.
In line with the NHI financial stabilization measures the MOHW determined the expensive drug controls unavoidable, and for this purpose the Reference Price System seems to be enforced to implement in an excuse of "Mod...
6 year pharmacy school system to raise legislation through National Assembly.
The KPhA is planning to raise a petition to the National Assembly for extension of pharmacy school curricular currently from 4 year to 6 year in the future.
The KPhA set up the Special Committee for 6 Year Pharmacy...
Full permission of serial brand names in tonics eyed
The Ministry of Health and Welfare has announced that after consultation with the Korea Food and Drug Administration, it will newly grant the serial names of tonics, in addition to the serial names of digestives and a...
Fees for pharmacy credit card use to cut down
The MOHW is now negotiating with the credit card companies for the reduction of credit care use fees currently from 2.7% at pharmacy, 2.25% to 2.7% at general hospitals and 2.7% at private clinics and herbal clinics t...
