News About: Goverment


USTR requested to reconsider Original Medicine Cost Collection Act

The U.S. has expressed a sensitive response to the amendment to the National Health Insurance Act for the Patent-Linkage System’s Medicine Cost Collection on Original Companies, which has been docked in the National A...

“It will bring a new opportunity for cooperative exchange between Korea and Portugal”

“Portuguese companies own primary international experience and competitiveness in various strategic fields, such as agri-food(wines and olive oil), progressive communications technology, automobile industry, timber, t...

Introduction of the revised Opticians Law to put the ophthalmology industry on alert

As enactment of an Act to practically allow opticians to have a part of ophthalmic practice has become visible, it has put the ophthalmology industry on alert. The Amendment to the Opticians Law proposed by Assemblyp...

“Why would the government interfere non-benefited medical expenses?”

The health care world has opposed to the law making procedure of mandatorily disclosing non-benefited medical expenses and medical certificates and be ordered to suspend business if medical institutions violate it. A...

National Assembly Health and Welfare Committee to deliberate 2016 budgets

The National Assembly Health and Welfare Committee will hold a meeting for 3 days from the 26th and deliberate the 2016 budgets of the Ministry of Health and Welfare(MOHW) and the Ministry of Food and Drug Safety(MFDS...

Top 5% distribution companies supply KRW 16.6 trillion pharmaceutical products

It was analyzed there were the total 1,966 pharmaceutical distribution companies and distributed pharmaceutical products worth of KRW 12.8 billion per a company last year. According to the ‘2014 Statistics of Complet...

Promotion of Director Moon-gi Sohn to Vice Minister of Food and Drug Safety

Director Moon-gi Sohn of Agricultural and Marine Product Safety Bureau, an expert in the food industry, was promoted and appointed to the Vice Minister of Food and Drug Safety. The Ministry of Food and Drug Safety(MF...

Appointment of Vice Ministry of Strategy and Finance to Health and Welfare

Since the 2nd Vice Minister Moon-gyu Bang of Strategy and Finance was moved to the vice minister position of Health and Welfare, the pharmaceutical industry has paid attention to what will be changed after the appoint...

Only accepted when companies accept weighted average?

At the 2015 9th Drug Price Deliberation Committee, a lot of treatments crossed the health insurance threshold. However, most of them had higher chances to be non-benefited only with cost effectiveness, but pharmaceuti...

Enforcement of antismoking treatment insurance benefit gets finally delayed

Finally, enforcement of the anti-smoking treatment insurance benefit has been delayed. In the report of the antismoking treatment business plan on the 6th, the Ministry of Health and Welfare(MOHW) announced to decide...

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