| Pursuing Global Top Five Food & Drug Ranking 
 KFDA Commissioner announces 2011 tasks for the Osong Era
  President Im Kee-young  of the Daewoo Securities Co.
 Korea Food & Drug  Administration (KFDA) Commissioner Noh Yun-hong said, "The year 2011 will be  the first year for making a leap into the worldOs top five food and drug  powers, and the KFDA will do the utmost to make public life safer and healthier."In his New Year's message, KFDA  Commissioner Noh disclosed the detailed tasks his agency will carry out during  this year, including the advancing of preventive hazards management systems and  food safety management and supporting the development of new growth engine  industries, the regulatory reform of the KFDA and better communication with the  public.
 The dawning of the Year of the  Rabbit (on the Chinese zodiac) means the first year of an era in which the KFDA  will embark on a new future with new possibilities at the new breeding ground  of Osong for creating growth engines, he said.
 Looking back on last year, Noh  said the KFDA provided diverse support toward the creation of an environment in  which consumers have confidence and the enhancing of a competitive edge in new  growth engine industries. As a result, the KFDA made more than a few  achievements including the advancing of food and pharmaceutical safety  standards, the establishment of an early warning system of food poisoning and  its being selected as an exemplary regulatory reform agency for the third  straight year. However, there are still many areas in which the KFDA will have  to take more responsibility, he added.
 Noh said the KFDA has established  the "Hopeful Future 2020" by mustering staff members' capabilities and  exchanging views with the outside in order to prepare for the Osong Era and has  designated the year 2011 as the first year toward making a leap into the  worldOs top five food and drug powers. To this end, he said, the KFDA will do  its best to make public life safer and healthier and carry out the top six core  tasks in order to achieve policy goals: prevention and ease, fairness and  vigor, and communication and cooperation.
 First, he said, KFDA will make  every effort to upgrade preventive hazards management systems. The agency will  improve or introduce safety standards to protect public health and cope with  new dangers by establishing a three-year plan on the advancement of food and  pharmaceutical safety standards and create health food and pharmaceutical  environment circumstances tailored to meet age groups so that people can eat  and drink without apprehension.
 Second, he said, the KFDA will  create a safety net to cover all sections ranging from raw materials to  consumption. "We'll build and operate an IT-based e-food safety management  system combining various reporting systems while systemizing product collection  and examination. Conditions for purchasing safe food products will be improved  by expanding an automatic hazardous food suspension system, while taking steps  to ensure the safety management of liquors," he said.
 Third, he said, the KFDA will  proactively provide support to nourish new growth engine industries with a  competitive edge. The KFDA will beef up support to develop bio drugs with a  competitive edge while proactively arranging licensing and permit standards  suiting the characteristics of stem cell treatment drugs. It will also strive  to provide support for the development and commercialization of high  value-added medical devices and equipment by inaugurating a medical device  information technology support center.
 Fourth, he said, the KFDA will  push regulatory reform of food and pharmaceutical administration to facilitate  autonomy and fairness. Regulatory reform will be conducted across the board  from scratch to ensure a virtuous circle of safety and competitiveness so that  the autonomy of the food and pharmaceutical industries can be expanded.  Forty-seven regulatory reform tasks have been set, ensuring that punitive  actions and punishments will be readjusted in a rational way so that habitual  and intentional food and pharmaceutical law violators can be dealt with more  sternly and administrative dispositions and will be reset, according to the  extent of harmfulness.
 Fifth, he said, the KFDA will ramp  up its communication with the general public so as to spread consensus on  safety.
 Lastly, he called for stepping up  cooperative systems to expand the safety foundation. "We'll inaugurate  cooperative systems, including R&D, with related government ministries to  build food and pharmaceutical safety infrastructure while striving to enact the  integration of managing testing and examination institutions to secure their  international confidence," he said. The KFDA will take the initiative in  building a global food and pharmaceutical network by aggressively participating  in joint clinical testing among Korea, China and Japan and through Asia  Harmonization Working Party meetings.nw
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