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Policy
MSD withdraws SGLT2 inhibitors in a row
by
Lee, Hye-Kyung
Mar 20, 2024 05:44am
MSD Korea is facing tough competition in the market for SGLT-2 inhibitors in South Korea. MSD decided that they will discontinue the supply of Steglatro Tab 5 mg and 'Stegluzan Tab 5/100 mg (ertugliflozin plus sitagliptin)' after voluntarily withdrawing 'Steglatro Tab 15 mg (ertugliflozin)' and metformin combination therapy, 'Segluromet,' la
Policy
President Yoon stands on expanding quota to 2,000
by
Lee, Jeong-Hwan
Mar 20, 2024 05:44am
President Yoon Suk Yeol reaffirmed the government¡¯s plan to increase the medical school enrollment quota to 2,000 and stated, ¡°Korea¡¯s policy related to the number of doctors is not meeting the standards of the current era and actual needs, repeating the history of failure. Doctors¡¯ licenses should not be used as a tool to intimidate K
Policy
Essential medical devices will be designated by next year
by
Lee, Hye-Kyung
Mar 20, 2024 05:44am
The Ministry of Food and Drug Safety is considering establishing a system to designate national essential medical devices. More specifically, the government plans to set a specific scope of medical devices that are essential for healthcare, such as rapid antigen test kits and life support devices that were necessary during COVID-19 but were diff
Policy
Liver cancer therapy, ¡®Stivarga¡¯ set for 2nd RSA renewal
by
Lee, Tak-Sun
Mar 19, 2024 05:44am
It has been reported that a risk sharing agreement (RSA) has been renewed for the second time for Stivarga (regorafenib; Bayer Korea), a second-line treatment for liver cancer. The news comes two months before the reimbursable RSA contract for Stivarga is set to expire on May 31st. According to industry sources on the 18th, the Nationa
Policy
Sotyktu, Adtralza set for reimbursement listing
by
Lee, Tak-Sun
Mar 18, 2024 05:49am
Two drugs, plaque psoriasis drug 'Sotyktu (deucravacitinib)' and atopic dermatitis drug 'Adtralza (tralokinumab)' have completed the negotiation with the National Health Insurance Service (NHIS) and may soon be listed for reimbursement. Additionally, the upper price limit of Soliris (eculizumab) is expected to be reduced following the e
Policy
Anticipated shortage of Merck¡¯s fertility drug ¡®Gonal-F¡¯
by
Lee, Hye-Kyung
Mar 15, 2024 05:49am
The shortage of Merck¡¯s 'Gonal-F Pen,' which is the world¡¯s first recombinant follicle stimulating hormone (r-FSH), is expected. Merck has announced that three, 300/450/900IU, of the four volumes of Gonal-F Pen approved by the Ministry of Food and Drug Safety (MFDS) are expected to be short in supply. Currently, the 150IU volume is in
Policy
Gov't will specify scope of expense report details disclosed
by
Lee, Jeong-Hwan
Mar 15, 2024 05:49am
The Ministry of Health and Welfare recently met with physician and pharmacist organizations and the pharmaceutical, biotech, and medical device industries to collect opinions on setting the ¡®scope of disclosure of expense reports¡¯ that are prepared to report the expenses legally paid by pharmaceutical and biotech companies and medical de
Policy
HIRA¡¯s CDDC seeks to revise current regulations
by
Lee, Tak-Sun
Mar 15, 2024 05:48am
The current regulation that randomly selects members for each Cancer Disease Deliberation Meeting will be deleted. The measure was prepared to maintain consistency in the committee¡¯s deliberations. In addition, the Korean Association for Lung Cancer will be added as a recommended organization given that lung cancer drugs are often on th
Policy
MFDS starts regulatory innovation program for Big Techs
by
Lee, Hye-Kyung
Mar 14, 2024 05:42am
The Ministry of Food and Drug Safety (MFDS) announced that will be operating a ' 2024 Big Tech Company Regulatory Innovation Program¡¯ again this year to provide continuous regulatory support to domestic digital medical device companies. Last year, the MFDS identified the exact needs of the industry through the Big Tech Company Regulatory
Policy
Chong Kun Dang also enters low-intensity atorvastatin mkt
by
Lee, Hye-Kyung
Mar 14, 2024 05:42am
Amid fierce competition in the hyperlipidemia drug market to develop 2nd generation ¡®statin + ezetimibe¡¯ combination drugs using low-strength statins, some low-dose atorvastatin products are also soon to enter the market. On the 12th, the MFDS approved Chong Kun Dang's ¡®Lipilou Tab 5mg.¡¯ It is a 5 mg low-strength single tablet that co
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