News About: Goverment
‘Excellent Bio IP Project’ invested with KRW 827.8 billion for next 10 years
The Excellent Bio Intellectual Property project will get on preliminary validity evaluation after getting ready with strengthened supports.
The Ministry of Trade Industry and Energy(Minister Woon-Gyu Baek, MOTIE) and...
Government to recommend indication of adverse drug reaction damage relief program in containers
It will be recommended to state an instruction about the Adverse Drug Reaction Damage Relief Program in drug containers, packages and documents attached.
The Ministry of Food and Drug Safety(MFDS) gave a notice about...
Government, pharma & distribution industries run ‘RFID Technology Support Group’
Recently, the Ministry of Health and Welfare has attracted attention of the people as forming the ‘RFID Technology Support Group’ with the pharmaceutical and distribution industries taking activities.
The Ministry of...
MFDS to evaluate impacts of Patent Linkage System
The Patent Linkage System which started from March 2015 under the Korea-US FTA will be evaluated in regards to impacts in the Korean pharmaceutical industry and the National Health Insurance Service budget.
The Minis...
“It is impossible to implement International Nonproprietary Names at this point”
The Ministry of Health and Welfare showed a stance of non-acceptance in terms of the ‘International Nonproprietary Names.’
This means the ministry reconfirmed that it was impossible to take any action at this point a...
Some quasi drugs such as humidifier sterilizers transferred to Ministry of Environment
Some of the quasi drugs managed under the Ministry of Food and Drug Safety, such as humidifier sterilizers, will be managed by the Ministry of Environment from January 2019.
The Ministry of Environment(ME) and the Mi...
MFDS obligates all the cosmetic products to indicate ingredients causing allergic reactions
In order to help consumers select products by providing various and specific information about cosmetic products, it will be obligated to indicate all the ingredients that might cause allergy reactions in every cosmet...
Korea will be inspected onsite for EU White List
Korea is expected to be listed in the EU White List next year at the earliest.
The Ministry of Food and Drug Safety(MFDS) has carried out registration to the EU White List to enlarge the scope of Korean active pharma...
MFDS extends the scope of subject to CTD when applying for approval
It will be obligated to fill out the Common Technical Document(CTD) even for drugs with special dosage forms, such as immediate release and transdermal drugs, when applying for product approval.
Drug Standard Manager...
Right to renew leasing contact from 5 years to 10 years, applicable for private pharmacy owners
A bill was proposed to protect tenants by extending the right to renew leasing contact to 10 years and operating the Leasing Conflict Mediation Committee.
Once the bill passes, pharmacists running their own pharmacy ...
