Β§ 02 β€” Comparison

Compare regulatory pathways side-by-side

Authority & dossier

Regulatory authority
  • South KoreaMFDS
  • European UnionEMA
English submissions
  • South KoreaYes
  • European UnionYes
CTD accepted
  • South KoreaYes
  • European UnionYes
eCTD accepted
  • South KoreaYes
  • European UnionYes
Reliance pathway
  • South KoreaNone
  • European UnionAvailable
Reference agencies
  • South KoreaFDA, EMA, MHRA, PMDA +3
  • European Unionβ€”

Lead pathway (timeline & fees) β€” New Drug Application β€” Standard Review Β· Centralised Procedure

Pathway name
  • South KoreaNew Drug Application β€” Standard Review
  • European UnionCentralised Procedure
Approval timeline
  • South Korea365–480 days
  • European Union210–277 days
Application fee
  • South KoreaKRW 8,500,000
  • European UnionEUR 358,800
Annual renewal
  • South KoreaKRW 1,500,000
  • European UnionEUR 122,500
Local representative
  • South KoreaRequired
  • European UnionRequired
Local manufacturing
  • South KoreaNot required
  • European UnionNot required
GMP inspection
  • South KoreaRequired
  • European UnionRequired

MAH & local presence

Local entity required
  • South KoreaYes
  • European UnionYes
Local responsible person
  • South KoreaYes
  • European UnionYes
RP role
  • South KoreaQualified Person for Safety Management (μ•ˆμ „κ΄€λ¦¬μ±…μž„μž): Korea-resident pharmacist responsible for pharmacovigilance and post-marketing safety obligations. A separate Quality Manager is required for manufacturing/import licences.
  • European UnionQualified Person Responsible for Pharmacovigilance (QPPV) β€” must reside and operate in the EU/EEA β€” is responsible for the establishment and maintenance of the pharmacovigilance system. A Qualified Person (QP) in the EU/EEA performs batch certification under Article 51 of Directive 2001/83/EC. Local Contact Person for pharmacovigilance required in each Member State where the product is marketed (since 2012 GVP).

Accelerated pathways

Designations available
  • South Korea5 designations
  • European Union6 designations
Examples
  • South KoreaGlobal Innovative Products on Fast Track (GIFT), Priority Review, Conditional Approval +2
  • European UnionAccelerated Assessment, Conditional Marketing Authorisation, Authorisation under Exceptional Circumstances +3

Post-approval lifecycle

Variations framework
  • South KoreaMFDS classifies post-approval changes as Major, Moderate, and Minor variations, broadly aligned with EU classification. Annual report categories also exist for the smallest changes.
  • European UnionCommission Regulation (EC) 1234/2008 establishes four categories: Type IA (minor β€” Do and Tell, 12-month notification), Type IAIN (minor β€” immediate notification), Type IB (minor β€” Tell, Wait, and Do, 30-day default), Type II (major β€” prior approval, 60–90 days), and Extensions (Annex I changes β€” full review). Worksharing procedures consolidate variations across multiple authorisations.
Renewal cycle
  • South KoreaMarketing authorisations require renewal every 5 years. Renewal application must be submitted 6 months before expiry. Re-examination period (μž¬μ‹¬μ‚¬κΈ°κ°„) of 4–6 years applies to new drugs requiring active safety monitoring with full re-evaluation.
  • European UnionInitial 5-year renewal β€” application 9 months before expiry. After the first renewal, MA is granted for unlimited duration unless the CHMP/NCA, on justified grounds relating to pharmacovigilance, decides on one additional 5-year renewal.
Pharmacovigilance
  • South KoreaKorea Adverse Event Reporting System (KAERS) administered by the Korea Institute of Drug Safety and Risk Management (KIDS). PSURs aligned with ICH E2C(R2). MAH must appoint a Qualified Person for Safety Management and maintain a pharmacovigilance system.
  • European UnionComprehensive PV framework under Directive 2010/84/EU and Regulation (EU) 1235/2010, codified in Good Pharmacovigilance Practices (GVP). Pharmacovigilance System Master File (PSMF) required. Periodic Safety Update Reports (PSURs) on EU-harmonised birth-date list. Risk Management Plans for all new MAs and significant variations. Suspected serious ADR reporting to EudraVigilance within 15 days. Black triangle (β–Ό) for additional monitoring of selected products.

Unlicensed access

Named Patient Supply
  • South KoreaAvailable
  • European UnionAvailable
Compassionate Use
  • South KoreaAvailable
  • European UnionAvailable
Emergency Import
  • South KoreaAvailable
  • European UnionAvailable
Parallel Import
  • South KoreaNot permitted
  • European UnionPermitted

Clinical trials

CTA approval
  • South KoreaRequired
  • European UnionRequired
Ethics approval
  • South KoreaYes
  • European UnionYes
CTA timeline
  • South Korea30–60 days
  • European Union60–106 days
GCP standard
  • South KoreaKorean GCP (KGCP, ICH E6(R3) aligned)
  • European UnionICH E6(R3) β€” Commission Regulation (EU) 2024/2748 transposing R3, applicable from 23 July 2025

Pricing & reimbursement

Price regulation
  • South KoreaRegulated
  • European UnionRegulated
Reference pricing
  • South KoreaYes
  • European UnionYes
HTA required
  • South KoreaYes
  • European UnionYes
HTA body
  • South KoreaHealth Insurance Review and Assessment Service (HIRA) β€” Pharmaceutical Benefits Coverage Assessment Committee
  • European UnionEU HTA Coordination Group (EUnetHTA legacy); national HTA bodies (NICE, HAS, G-BA/IQWiG, AIFA, AEMPS, etc.)