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Innovative Pharmaceutical Company certification to change

By Lee, Jeong-Hwan | translator Alice Kang

25.01.17 05:56:50

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MOHW prepared to issue administrative notice after deliberation by the Pharmaceutical Industry Committee

Will reflect opinions of the domestic pharmaceutical industry...will also review the typification of the certification criteria for multinational companies


The Ministry of Health and Welfare will improve the certification system for innovative pharmaceutical companies to a 'certification evaluation score system' that will increase the proportion of new drug research and development (R&D) and change the disqualification criteria to a point-based score system.

The MOHW plans to issue an administrative notice next month after deliberations by the Pharmaceutical Industry Fostering and Support Committee.

It will be interesting to see if the final notice will reflect the pharmaceutical industry's opinion that it is too harsh or unreasonable to cancel the certification of innovative pharmaceutical companies that encourage the creation of homegro

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