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Lee Hee-sung tapped as KFDA head

President Lee Myung-bak on Friday promoted Lee Hee-sung, vice commissioner of the Korea Food and Drug Administration, to the top KFDA post, which has remained vacant since the appointment of former KFDA chief Noh Yun-...

Lee appoints new vice commissioner of KFDA

Chong Wa Dae said Friday that Lee Sung-hee, head of the National Institute of Food and Drug Safety Evaluation (NIFDS), was promoted to vice commissioner of the Korea Food and Drug Administration. The 59-year-old Ki...

2,173 antihypertensive drugs reclassified into 12 therapeutic categories

A total of 2,173 insurance-covered drugs for treatment of hypertension have been recently reclassified into 12 therapeutic categories, according to the ongoing economic effectiveness program of pharmaceuticals underta...

Multinational firms shrug off lawsuit

The Korea Pharmaceutical Manufacturers Association said it is considering legal action to prevent the government measure to cut drug prices from going into effect, while multinational drug firms here decided not to fi...

Pharmaceutical industry worrying about rationale in court

The pharmaceutical industry has raised their voice against the government plan to slash drug prices next year. Led by the Korea Pharmaceutical Manufacturers Association, domestic drug firms have taken action to fil...

NTS likely to launch tax probe on drug makers

The nation's tax agency will launch a thorough probe on some pharmaceutical companies for illegal rebates as the government investigation team discovered on Sunday that more than 1,600 doctors and nearly 400 pharmacis...

Companies to reshuffle OTC business division

Some pharmaceutical companies, including Johnson&Johnson Korea, are moving toward the reshuffle of their OTC (over-the-counter) business divisions in order to ease public access to restriction-free OTC drugs at superm...

Number of medical institutions tops 81,681

There are 81,681 medical facilities nationwide as of the end of last year, including hospitals, clinics, public healthcare centers, maternity nursing care centers, dentists, pharmacies and Oriental medical centers, co...

Uncertainty shrouds pharmaceutical industry

The local pharmaceutical industry is likely to suffer further setbacks in the coming months as the team, led by the Seoul Central District Prosecutors’ Office, indicted 25 medical professionals and pharmaceutical indu...

KFDA approves marketing authorization for combination antiplatelet product containing aspirin with c

CJ Cheiljedang Corp. announced last Friday the approval of their dual antiplatelet combination capsule CrossOne (clopidogrel and acetylsalicylic acid) by the Korea Food and Drug Administration. With the introductio...

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