News About: Goverment


The healthcare industry shaken by the consolidation bill of the rebate punishment

As the Pharmaceutical Law amendment, which include consolidation of the rebate punishment, is expected to be mentioned in the provisional session of the National Assembly in the coming June, opposition of the healthca...

The Patent Linkage System increased workload, showing the clear polarization in researchers

After enforcement of the Patent Linkage System, the polarization has appeared beyond patent trials striking the pharmaceutical industry. According to the industry concerned, every company from top to middle has jumpe...

34 products of 13 pharmaceutical companies are approved as priority sale products

34 product approvals have been made for the first time since the enforcement of the Pharmaceutical Patent Linkage System. The Ministry of Food and Drug Safety (Minister Seung-hee Kim) announced that it approved 34 ph...

‘Mirabegron’ is the most claimed substance after the enforcement of the Patent Linkage System

The substance, which has been claimed the most for patent trials after enforcement of the Pharmaceutical Patent Linkage System, was turned out to be the overactive bladder treatment, mirabegron. CEO Hong-gi Lee of B2...

The Ministry of Health and Welfare’s plan to provide more insurance benefits, but to secure the length of medical treatments in 10 minutes

In order to change the environment that has been criticized for the 3-minute medical treatment, the Ministry of Health and Welfare has decided to conduct the ’10-minute medical treatment’ experiment. A person in the ...

“The corporate pharmacy won’t be promoted” mentioned in the internal reference of the ruling party

The government triggered severe opposition of the pharmaceutical society to the announcement of the corporate pharmacy at the Trade and Investment Organization on December 2013. Is it why? The governmental discussion ...

63% of pharmaceutical companies challenging the Exclusive Sale Item Approval have less than KRW 100 billion sales

The Ministry of Food and Drug Safety (Minister Seung-hee Kim) unveiled that 41 pharmaceutical companies applied 134 products for the Exclusive Sale Item Approval in 3 April under the Patent Linkage System enforced in ...

The 7 reasons why the Act to Recover Original Medicine Cost on Defeat in Patent Dispute

In order to block the Act to Recover Original Medicine Cost on Defeat in Patent Dispute that the government is pushing forward, the Korean Research-based Pharma Industry Association (KRPIA) has devoted its energy, suc...

The Korea-China FTA rarely has short-term effects and the tariff elimination effect is also insignificant in the pharmaceutical industry

It is analyzed that impacts of the Korea-China FTA that was recently contracted are minor and the effect of the tariff elimination is insignificant. The Ministry of Health and Welfare held a business briefing to invi...

The General Inspection of the Current State on Bar Code Representation and ETC Drug Serial Number Attachment will be conducted in April

General inspection to check whether the ‘Serial Number Attachment’ on a part of ETC drugs is well applied will be conducted. Conducted regularly by the Korea Pharmaceutical Information Service Center (hereinafter KPI...

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