News About: Goverment


As the Unfair Profit Redemption Law of Original Companies has gone by with the highest speed, companies with original products are expected to oppose to it

As applicable Actto redeem fees as unfair profit feesin regards to damages to the National Health Insurance budget from indiscreet sales of generics by companies owing original productspassed the evaluation of the Bil...

The Bill Examination Subcommittee will reevaluate the ‘Priority Sale Item Approval System’

Whether the ‘PrioritySale Item Approval System’is going to be applied will be decided tomorrow (the 24th). The Bill Examination Subcommittee of the National Assembly Health Welfare Committee scheduled to hold a meeti...

“The selling restriction of generics can cause the social benefit cost worth between KRW 2.4 billion and KRW 4.1 billion”

As the Patent Linkage System will be fully enforced on 15th next month, it is analyzed that companies having original products will get reflected benefits worth of KRW 3.2 billion at most every year through the newly ...

The ‘BPCIA’ the U.S. plays the worst policy to the Korean biosimilarindustry

Facing enforcement ofthe Korea-US FTA’s (Free Trade Agreement) Patent Linkage System within a month, needs of active responses of biosimilar manufacturers and the government have been suggested. The political and sys...

The annual social damage caused by diseases is worth of KRW 120.653 trillion

It is known that the social damage caused by diseases has reached annually KRW 120.653 trillion in 2012. The National Health Insurance Service (chairman Sang-cheol Sung) unveiled the study result of the ‘Socioeconomi...

Minister Seung Jung sated “We will push ahead with the Patent Linkage System”

MinisterSeung Jung expressed to push ahead with smooth settlement of the Patent Linkage System that will be enforced this year. The Ministry of Food and Drug Safety (MFDS)and the Korea Pharmaceutical Association co-h...

Is there a chance that the ‘Service Industry Nurturing Law’ will pass on provisional sessions of the National Assembly on this February?

As provisional sessions of the National Assembly have been opened since 2nd, the Service Industry Nurturing Law, which has been severely opposed by both the pharmaceutical and the civil society field and even the oppo...

Having a cabinet reshuffle ahead, Minister Moon hit the worst crisis ever since his 14 month old inauguration

While a cabinet reshuffle is soon expected, Hyung-pyo Moon, the Minister of Health and Welfare, has hit the biggest crisis ever since his inauguration, 14 months ago, due to series of situations and tongue slips, such...

6 out of 10 Koreans oppose to the Medical Commercialization Policy

It is known that 6 out of 10 Koreans oppose to the Medical Commercialization Policy. It is also known that people feel negative on the enterprise-type Network Dentist Requesting a public survey agency, WinGKorea Cons...

The beneficiary service for antismoking treatments will begin in the second half of the year

As a part of the National Health Promotion Project, the Ministry of Health and Welfare decided to support antismoking treatment expenses from the National Health Promotion fund since the coming 25 February while recru...

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