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GOV¡¤Pharma starts work to localize 57 essential medicines

By Lee, Jeong-Hwan | translator Alice Kang

22.09.13 06:18:11

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21 finished drugs and 35 APIs that depend on imports due to low profitability

Korea Orphan & Essential Drug Center to finalize list after discussion with Ministry of Food and Drug Safety and Korea Pharmaceutical and Bio-Pharma Manufacturers Association...¡± will additionally collect industry opinion¡±


The government and the pharmaceutical industry have entered the final stages of localizing the finished drug products and active pharmaceutical ingredients that are essential for national disease control and prevention as well as the treatment of emergency patients. The supply of such products and ingredients has been mainly dependent on imports despite the evident need to be manufactured and produced in Korea due to low profitability.

Among drugs that are imported from 3 or fewer countries and therefore are vulnerable supply-wise, those from highly export-dependent countries of China, Japan, and India will be finally confirmed, upon which the government and the pharmaceutical industry plan to cooperat

Lee, Jeong-Hwan(junghwanss@dailypharm.com)
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