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On the KBLA Blog
Proposed Pharmaceutical Affairs Act Amendment Regarding Patent-Approval Linkage System
On August 20, 2020, the Ministry of Food and Drug Safety (‘MFDS’) announced a proposed amendment to the Pharmaceutical Affairs Act (‘PAA’) aimed to address certain deficiencies in the Patent-Approval Linkage System that went into effect in 2015. Key features of the proposed amendment may be summarized as follows.
Aug. 27, 2020
KOSPI Index
Sept. 28, 2020 - 2,308.08
Daily Closing Price
(Previous 52 Week Period)
Presidential Approval Rating
2020 - Sep 4W - 44.35% Positive Approval
Average of RealMeter and Gallup Korea Polls
(Previous 52 Week Period)
COVID-19 in Korea
Daily and Cumulative Cases
Sept. 29, 2020
Data: Korea CDC, (click to drill down)
DAILY
CUMULATIVE
Currently Ongoing
1,822
Cumulative Recoveries
21,470
Air Quality Data
Sept. 29, 2020 Central Seoul
(Current and Previous 24 Hour Period)
Data: AirKorea
OVERALL
Moderate
PM 2.5
19.0
㎍/㎥
PM 10
34.0
㎍/㎥
Ozone (O3)
0.002
ppm
Nitrogen Dioxide (NO2)
0.033
ppm
Carbon Monoxide (CO)
0.5
ppm
Sulfurous Acid Gas (SO2)
0.002
ppm
Good
Moderate
Unhealthy
Very Unhealthy
Serving those with a stake in the Korean economy
We make the Korean business environment more accessible and efficient by connecting, informing, and enabling the KBLA community, in Korea and around the world. To accomplish our mission we directly publish a variety of intelligence reports and connect those with expertise and information to those who wish to do better business in Korea.