News About: Goverment


KFDA approved product licence transfer to Green Cross affiliates

The transfer of individual product licence permitted for the company M&A and split made it possible that the local pharmaceutical industry could enhance international competitiveness by a massive restructuring for ind...

MOHW pressed National Assembly to pass revised bill for pharmaceutical affairs law.

The foreign multinational pharmaceutical corporations have complained to our government that their product information data for health registration submitted to the government used to be disclosed and exploited by oth...

Administrator Huh of KFDA reported major issues to National Assembly.

Dr. Huh, the administrator of the KFDA attended to the Health and Welfare Commission of the National Assembly and reported important issues to including the preventive measures against intoxication of food poisons and...

Civic Groups paid keen attention to basic frame of separation system.

The government firmly confirmed that the basic frame of the medical and the pharmacy separation system would be unchanged from the draft suggested by the Civic Groups, which was accorded between the medical and the ph...

Many incentives for participants of Health and Medical Science Industrial park.

The government will provide many privileges including financial aids for participants to the health and medical science industrial park located at Ohsong, Choongbuk province, which will be completed to construct and i...

Operation Commission for Medical and Pharmacy Separation(OCMPS) may encounter many barriers.

The OCMPS meeting on July 2 at the MOHW exposed a sharp opinion conflict among the members, showing a lot of gloomy signs in future operation process of the medical and pharmacy separation works. Major issues disclose...

KRPIA stressed principle of no registration and urged to correct price determination guideline.

Amid the government enforced schedule of implementing the insurance price registration process for imported drugs from July 1, the foreign drug company circle has still kept claiming that the government insurance pric...

Insurance drug pricing reformed to actual purchasing price system.

The MOHW announced to change the current insurance drug pricing system based on the reimbursement at reported prices to at actual purchasing prices in order to eliminate any profits accrued by use of drugs in the medi...

Insurance price of imported drugs to be registered in July and effected from Aug.

The MOHW took a meeting of Medical Issuance Price Evaluation Commission on June 28 and decided that the insurance reimbursement price of imported drugs should be registered and announced in July 1 as originally planne...

Announcement of revised working rules of pharmaceutical affairs law.

The revised draft of the working rules of the pharmaceutical affairs law was announced on June 26. After 20 day public announcement period, the revised bill will take effect, which covers overall rationalization of th...

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