Medical product approval status
The Ministry of Food and Drug Safety announced that in April 2024, a total of 136 medical products were approved, including 39 pharmaceuticals, one quasi-drug, and 96 medical devices.
This represented 69.7% of the average monthly approval rate of 195 items last year, and a decrease of 18.1% compared to the 166 items approved in March. Notably, pharmaceutical approvals decreased significantly by 45.8% compared to March.
For the month, the number of approvals for pharmaceuticals and quasi-drugs was lower than the average monthly approvals last year, while the number of medical device approvals showed no significant difference.
