News About: Goverment


1999 perspective in drug industry: Enactment of consolidated narcotic law

In line with deregulation reforms the current narcotic law, the psychotropic drug control law and the marijuana control law will be consolidated into "The narcotics and the like control law", eliminating unnecessary r...

1999 perspective in drug industry: Toxicity test standards.

The KFDA, the National Institute of Toxicology revised the toxicity test standards for drug etc. and announced on Dec. 16 in order to meet an appropriate safety evaluation of drugs and other chemical substances in lin...

1999 perspective in drug industry: Bioequivalency test standards.

The KFDA announced the revised provisions concerning the new standards for bioequivalent test containing the extension of qualified institutes of test to all medical institutes and the increased number of test examine...

1999 perspective in drug industry: Revised Medical Affairs Law.

The government prepared the revised draft of the Medical Affairs Law in line with the deregulation and reform plans for the purpose of enhancing efficiency of the medical service for people, and presented it to the He...

KFDA announced revised drug safety information administration act

The KFDA announced to revise the Drug Safety Information Administration Act on Dec. 28, removing the nomination system for specific hospitals and pharmacies as a monitoring institution of drug adverse reactions, and, ...

1999 perspective in drug industry: Open retail price labelling system.

The current standard retail price system is abolished, and instead, the retail price labelling system will be effected from Jan. 1999 after due revision of the relevant provisions. The standard retail price was est...

1999 Perspective in drug industry: Pharmacy facility requirement.

Pharmacy can be established freely without any extra investment for facility and equipment as restricted previously under a certain requirement standard according to the newly revised law. Article 16 and Paragraph ...

One-stop service for foreigner's investment.

The government all-out plans for foreigner's investment and M&A are expected to visualize in relevant provisions and concrete implementation schedules. Accordingly, the pharmaceutical industry that h...

Implementing plan separation in medical and pharmacy practice

Minister Ju reported to the President on April 10th that the medical and pharmaceutical system would be fundamentally improved for the sake of people's conveniency in utilization of medical facilities and economi...

Orphan drug center planned in first half of this year.

KFDA intended to prepare a draft of basic plan for establishment of an orphan drug center in view of a smooth supply, efficient control and administration of orphan drugs based on the survey studied by ...

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