Pharmaceutical Product Renewal System brings down sales on pharmaceutical industry

Published: 2018-07-26 13:00:48

Updated: 2018-07-26 13:06:42

It was concerned the Pharmaceutical Product Renewal System which started last July have impacted on pharmaceutical companies’ sales.

Last July, the Ministry of Food and Drug Safety(MFDS) enforced the ‘Pharmaceutical Product Renewal System’ which decides renewal of registration to check safety and efficacy of approved pharmaceutical products every 5 years.

According to the enforcement, every a...

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