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Korea Lays Essential Drug Plans Amid Ongoing Supply Concerns

Executive Summary

South Korea unveils measures to stabilize supply of essential drugs – including a list of the drugs to monitor, stockpile and manage – to deal with public health crises in time and guarantee treatment opportunities for the nation.

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State-Owned Pharma Group On Horizon As Korea Eyes Secure Supplies

South Korea is mulling setting up a state-owned pharma firm as lawmakers, government officials and experts reach consensus during a recent public hearing that official intervention and control could help stabilize drug supplies and promptly deal with public health and other emergency situations.

Korea Seeks New Law To Support Orphan Drugs, Ease Supply Disruptions

Amid continued disruptions in medicine supplies and growing need to develop orphan drugs, South Korea’s government plans to submit a bill to parliament that will enable it to designate "innovative medicines" for the treatment of fatal or incurable diseases, help speed up the development and approval of innovative drugs, as well as ease supply disruptions.

Does South Korea Need A State-Owned Pharma To Stabilize Supply?

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