News About: Goverment
Prices of 5,800 Products Reduced Following of Actual Transaction Redemption System
The Ministry of Health and Welfare has reduced the insured medical prices of 5,772 medical items by executing post management four times after the implementation of the actual transaction redemption system in December...
Substitutive dispensing to extend through bio-equivalent test.
Minister Kim Won-gil of the MOHW indicated in his report during the latest parliamentary inspection meeting on Sept. 10 that the extension of bio-equivalent test may facilitate a substantial expansion of substitutive ...
Prescription drugs largely to convert to non-prescription class.
Along with an earlier settlement plan for the medical and pharmacy separation program the government announced on Sept. 10 that the prescription drugs proven of its safety and efficacy should be converted to the non-p...
Viagra filed KFDA with top of adverse reaction reports.
According to KFDA data reported in the parliamentary inspection meeting, the number of drug adverse reaction reports filed to the KFDA during the first half of this year showed 243 cases, of which Viagra occupied the ...
Assemblyman Kim Myong-Sub appointed as a Secretary-General of the MDP
President Kim Dae-Jung, President of the Millenium Democratic Party, has appointed Kim Myong-Sub, who currently serves as the Chairman of the Information Committee at the National Committee, as the new Secretary-Gener...
Investigation of 130 Pharmacies for Closure Launched
An investigation has been launched in connection with 130 pharmacies located in Seoul which are subjected to be closed due to alleged prearrangements with medical institutes.
The Seoul Metropolitan Government annou...
Bulk drug registration to file first and review afterward.
The registration system for bulk drugs so far required an authorization of their manufacturing license or report for local bulks and a self-product quality control for imported ones, but in the future all bulk drugs e...
International trade pressures mounted on reference price system.
A growing international pressure has given to the government's reference price implementation program applying to NHI drug prices planned as one of the NHI financial stabilization measures.
Recently American depart...
Concerns that the Closure Clause will be weakened
After the ruling of the Seoul District Court of Administration on the illegality of the restriction on the opening of a pharmacy inside a clinic building, the clause on the closure of pharmacies due to prearranged act...
Dispensing expenditures per pharmacy at 129 million won.
During the first half of this year the medication expenditure per pharmacy accounted 129 million won on average according to the HIRA information.
The total medication expenditures amounted to 8,401 billion...
