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2024-12-13 03:19
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Opinion
[Reporter's View] Restricting vs expanding access
by
Eo, Yun-Ho
Dec 5, 2024 05:53am
The addition of a post-listing control system seems to be a fixed deal. The establishment of the Drug Performance Evaluation Office under the Health Insurance Review and Assessment Policy Research Institute has already taken place, and government officials have been publicly discussing using RWD (Real-world data) for drugs subject to the exe
Opinion
[Reporter's View] what 'AI-driven drug discovery' requires
by
Kim, Jin-Gu
Nov 26, 2024 05:54am
This year¡¯s Nobel Prize in Chemistry was jointly awarded to David Baker, a professor at the University of Washington, Demis Hassabis, CEO of Google DeepMind, and John Jumper, Director at DeepMind. Professor Baker was recognized for his contribution to creating protein design models. The DeepMind team was honored for developing 'AlphaFold,'
Opinion
[Desk's View] Re-evaluation of eye drops
by
Lee, Tak-Sun
Nov 22, 2024 05:55am
The government has established reimbursement criteria for single-use ophthalmic solutions, including hyaluronic acid eye drops for conditions like dry eye syndrome. A year has passed after the primary result of the re-evaluation regarding the reimbursement appropriateness for hyaluronic acid eye drops were released in September 2023. When
Opinion
[Contribution] On MFDS¡¯s new drug approval fee hike
by
Whang, byung-woo
Nov 21, 2024 05:46am
The Ministry of Food and Drug Safety recently announced a significant rise in its new drug approval fee to KRW 410 million. In Korea, the new drug approval fee had remained very low at KRW 8.83 million for decades, compared to the US FDA's KRW 5.3 billion, the European EMA's KRW 490 million, and the Japanese PMDA's KRW 430 million.&160;
Opinion
[Reporter¡¯s View] Who¡¯s to blame the new drug reimb delays
by
Eo, Yun-Ho
Nov 15, 2024 05:49am
Expedited approval of new drugs is one of the oldest issues in the pharmaceutical industry. Shortening the insurance reimbursement review period for drugs has been discussed almost every year, and in fact, the regulatory deadline is getting shorter and shorter. This is true for both the evaluation and negotiation stages of the Health Ins
Opinion
[Reporter's View] The reality of drug shortage reports
by
Lee, Hye-Kyung
Nov 14, 2024 05:52am
Reports of shortages of oxytocin, an injectable drug used primarily as a labor inducer, have caused confusion in the obstetrics and gynecology field. Most obstetrics and gynecology centers that have a large number of expectant mother visits stock enough oxytocin to last 2-3 weeks, but JW Pharmaceuticals, which holds more than 70% of the pres
Opinion
[Reporter's View] voluntary resignation with compensation
by
Lee, Seok-Jun
Nov 13, 2024 05:54am
As the year-end is nearing, several pharmaceutical companies are considering restructuring. Rumor has it that these companies may have plans for reducing OTC businesses and laying off staff who are age 55 or older. It remains uncertain whether it is a rumor or an actual plan, but restructuring could be possible. Over five pharmaceutical comp
Opinion
[Reporter's View] Patience is required to foster K-Bios
by
Whang, byung-woo
Nov 12, 2024 05:51am
The performance of the domestic pharmaceutical bio industry is being evaluated with the approaching end of 2024. This year, the increased influence of domestic companies in the fields of biosimilars and CDMOs (contract development and manufacturing) and the technology transfer performance of bio ventures have been positively evaluated.&1
Opinion
[Reporter's View] Regarding the obesity drug craze
by
Son, Hyung Min
Nov 8, 2024 05:46am
There is one research and development item that is gaining explosive popularity among both global and domestic pharmaceutical companies &8211;obesity treatment. The use of obesity drugs has also increased dramatically with the significant rise in the number of obese people around the world. Global sales of obesity drugs reached USD 6.68
Opinion
[Reporter's View] Address Actions to drug substitution
by
Lee, Jeong-Hwan
Nov 1, 2024 05:51am
"We will foremostly activate drug substation to resolve the drug shortages issue," Cho Kyoo-hong, Minister of Health and Welfare (MOHW), promised during the parliamentary audit session commenced by the National Assembly's Small Committee for Health and Welfare. This is an answer from the MOHW director to an issue of essential medicines fr
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