News About: Goverment
The ‘China-Korea FTA’ has already begun to impact in the pharmaceutical industry
It is known that several damage cases were found in the pharmaceutical industry, which was considered as the beneficiary industry of the Korea-China FTA (Free Trade Agreement).
According to the industry concerned, th...
Coordination between the Korean and Chinese governments will clear out the ‘cosmetic surgery ripping-off agencies’
It is noticed that the governmentis actively preparing various methods, such as the ‘Korea-China Establishment of Cooperation Channels in the Health Industry’,to expand medical institution and attract Chinese patients...
If the ‘Exclusive Sale Rights System’ is removed, KRW 800 billion will be saved
The Patent-Linkage System, which had a 3-year grace period after the Korea-US Free Trade Agreement (FTA), will be enforced after March 2015.
Once the system is enforced, damages in the Korean pharmaceuticalindustry a...
The pharmaceutical industry is absolutely agreeing on the Exclusive Sale Rights Policy
The Pharmaceutical Policy Committee of the Korea Pharmaceutical Manufacturers Association (KPMA), researching and discussing about legislations and policies among pharmaceutical companies,recently held a meeting to co...
Attention has been paid to the National Assembly’s provisional session due to the ‘Fundamental Law for the Service Industry Development’
A provisional session of the National Assembly will be open between 15th and 29th in December. The session, which is held to handle bill processing, is expected to handle urgent bills first depending on standing commi...
Congressman Yonk-ik Kim suggested the pharmaceutical law of the ‘Exclusive Sale Rights Prohibition’
According to the Korea-US Free Trade Agreement (FTA), the Patent-Linkage System will be enforced in March 2015 after the 3-year grace period; meanwhile, congressman Yong-ik Kim from the New Politics Alliance for Democ...
As the Exclusive Sale Rights System gets even more controversial, what about holding an open forum for the issue?
One of the biggest issues in the pharmaceutical industry is the Exclusive Sale Rights System. As civic groups and congressman Yong-ik Kim from the New Politics Alliance for Democracyraised problems of the system, the ...
The Ministry of Health and Welfare will make a public announcement related to medical insurance claims in the next February
As detailed guidelines of medical insurance claims, includingthe range of targeted medical institutions,will become public in the next February, medical insurance claims are going to beactively enforced.
Since the Mi...
An establishment of the ‘Jung and Jang System’…Will it benefit the pharmaceutical industry?
Unexpectedly, director Gi-yoon Jang, who has worked in the Ministry of Agriculture-Forestry-Fisheries, became the deputy Minister of Food and Drug Safety. Thus, it is expected that there will be not much of changes an...
The pharmaceutical industry questioned effectiveness of the ‘Complementary Measures of the Pharmaceutical Industry Nurturing’
Although the Ministry of Health and Welfare released complementary measures to nurture the pharmaceuticalindustry, the industry directly involved has shown a lukewarm attitude.
The Korea Pharmaceutical Manufacturers ...
