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Policy
62 DI including Belviq¢ç and CONTRAVE¢ç,added to DUR
by
Lee, Tak-Sun
Nov 14, 2019 09:07am
The MFDA(Ministry of Food and Drug Safety) has announced additional contraindicated DI(Drug Interaction) medicines that will be updated in the DUR (Drug Utilization Review). Especially, one of the antiobesity medicines, Contrave¢ç(Bupropion-Naltrexone) is contraindicated with Belviq¢ç (Locaserine HCl), and , Cough¢ç, one of expectorants w
Policy
Ultomiris¢ç, follow-up Soliris¢ç to set with clinical trial
by
Lee, Tak-Sun
Nov 14, 2019 03:21am
Follow-up medicine after Soliris¢ç which is a very expensive Orphan drug and &8361;40 billion sales in domestic market reached out the end of clinical trials. That¡¯s what the medicine named Ultomiris¢ç, and Phase III clinical trials was approved for PNH and Myasthenia gravis patients. There is high probability of becoming available in
Policy
DREC passes Imfinzi, Liporaxel ¡®conditional'
by
Kim, Jung-Ju
Nov 11, 2019 10:41pm
AstraZeneca¡¯s immunotherapy Imfinzi (durvalumab) passed the first threshold to receive its insurance reimbursement in Korea. The treatment is soon to initiate its negotiation with National Health Insurance Service (NHIS) under the order of drug pricing negotiation by Ministry of Health and Welfare (MOHW). On the other hand, Daehwa
Policy
World's most expensive drug Zolgensma to challenge Spiranza
by
Lee, Hye-Kyung
Nov 11, 2019 06:11am
Launching of the most expensive drug in the world, Zolgensma (onasemnogene abeparvovec-xioi), with a price tag of 2.5 billion won per dosage, has gotten Korean health authority and pharmaceutical industry anxious. Although the drug had an allegation of data manipulation from animal testing two months after the U.S. Food and Drug Administrati
Policy
On a mission to eradicate KOEDC¡¯s deep-rooted ill practice
by
Lee, Jeong-Hwan
Nov 10, 2019 10:00pm
Sources confirmed Korea Orphan and Essential Drug Center (KOEDC) submitted the National Assembly (NA) a plan to resolve its issue of redirecting profit made from drug expense gap, as it was pointed out at the latest NA Annual Audit. The center is committed to eradicate its deep-rooted practice of making profit from drug price difference
Policy
Eliquis faces 42 generics after patent invalidated
by
Lee, Tak-Sun
Nov 10, 2019 10:00pm
The list of generics launched in the New Oral Anticoagulant (NOAC) Eliquis (apixaban) market is getting longer by the day. Especially after generic manufacturing companies won the case invalidating Eliquis¡¯ patent in last March, number of regulator-approved generics has skyrocketed. Ministry of Food and Drug Safety (MFDS) confirmed that
Policy
¡°Less on chronic drug, but more on innovative drug¡±
by
Lee, Jeong-Hwan
Nov 10, 2019 09:59pm
Claims have been made that the government drug expenditure model should be fundamentally reformed, instead of adopting new drug-centered drug pricing policy, to simultaneously better Korean patient's access to new and breakthrough treatments, and to secure financial health of National Health Insurance (NHI). The criticism is that the go
Policy
Law firms shakes hands with 8 government officials this year
by
Lee, Hye-Kyung
Nov 7, 2019 08:55am
Large-scale law firms in Korea are adding more and more former government officials affiliated with National Health Insurance (NHI) to their roster. A former Executive Director of Planning at Health Insurance Review and Assessment Service (HIRA), Hwang Eui-dong, 61, was recently welcomed by law firm ¡®LK Partners¡¯ as an advisor. Lately,
Policy
MFDS nizatidine investigation expands to drug products
by
Lee, Tak-Sun
Nov 7, 2019 08:54am
Signs of Ministry of Food and Drug Safety (MFDS) expanding investigation on nizatidine medicine have been spotted. Sources have reported the ministry is now collecting complete drug product samples for further investigation after collecting active pharmaceutical ingredient (API). Pharmaceutical industry is concerned over the ministry¡¯s
Policy
¡°MOHW neglected 10000 practices by 56 suspended doctors¡±
by
Kim, Jung-Ju
Nov 4, 2019 03:11pm
Sources report tens of doctors, Korean medicine doctors and dentists with suspended licenses have practiced over 11,000 medical services and claimed over 800 million won of insurance reimbursement. The Board of Audit and Inspection of Korea (BAI) notified the details the health authority and ordered to take a corrective action on its n
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