Pharmaceutical Bio Also Affected by Serious Accident Punishment Act... JeBaHyup Takes Steps to Prepare Response Methods Through Briefings
The Korea Pharmaceutical and Bio-Pharma Manufacturers Association announced on the 21st that it will hold a "Serious Accident Punishment Act Briefing for Pharmaceutical and Bio Companies" on the 29th at the auditorium on the 4th floor of the Korea Pharmaceutical and Bio-Pharma Manufacturers Association building in Seocho-gu, Seoul. This briefing is organized to explore corporate-level response measures in light of the expanded application of the Serious Accident Punishment Act, targeting legal, HR, manufacturing, and factory management personnel of pharmaceutical and bio companies.
![Korea Pharmaceutical and Bio-Pharma Manufacturers Association building in Bangbae-dong, Seocho-gu, Seoul<br>[Photo by Korea Pharmaceutical and Bio-Pharma Manufacturers Association]](http://www.asiae.co.kr/news/img_view.htm?img=2021031712070735724_1615950427.jpg)
Korea Pharmaceutical and Bio-Pharma Manufacturers Association building in Bangbae-dong, Seocho-gu, Seoul
[Photo by Korea Pharmaceutical and Bio-Pharma Manufacturers Association]
The Serious Accident Punishment Act is a law that imposes strict penalties on business owners or management responsible for safety negligence when a serious accident occurs at a workplace. If it is found that the business owner or management neglected safety obligations, they may face imprisonment for more than one year or a fine of up to 1 billion KRW. Since the 27th of last month, the scope of application has been fully expanded to companies with 5 to 49 employees.
The briefing will focus on response measures by type of serious accident, related key issues, and recent response trends and cases of pharmaceutical and bio companies. It will begin with a lecture on "Key Contents of the Serious Accident Punishment Act" by Yang Hye-seong, a lawyer at the Pharmaceutical and Bio-Pharma Manufacturers Association, followed by ▲No Min-ho, a lawyer at Bae, Kim & Lee LLC, discussing issues related to the Serious Accident Punishment Act in the pharmaceutical and bio industry ▲Jo Seo-kyung, a lawyer at Kim & Chang law firm, presenting cases of pharmaceutical and bio companies' responses to the Serious Accident Punishment Act.
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Information on the briefing and how to apply can be found in the announcements section on the Pharmaceutical and Bio-Pharma Manufacturers Association website.
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