, Singapore
Photo by freestocks from Unsplash

SG, Korea signs MRA on medicinal products regulation

The agreement will facilitate trade and access to medicinal products between both countries.

The Health Sciences Authority (HSA) and the  Ministry of Food and Drug Safety (MFDS) of Korea signed a mutual recognition agreement (MRA) to establish the requirements of Good Manufacturing Practice (GMP) 1 for medicinal products.

The agreement will enable the mutual recognition of GMP certificates and inspection outcomes of medicine manufacturers from the two countries.

It will reduce duplicative onsite GMP inspections, reducing the regulatory burden on pharmaceutical and biologics manufacturers in both countries.

The MRA will also facilitate trade and access to medicinal products for consumers in both countries

“Signing the MRA will pave the way for timely supply of safer and more effective medicinal products to the public by bilaterally recognising the results of conformity assessment of the two nations based on mutual trust,” Korean Minister Oh Yu-Kyoung said.

Follow the link for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!