Pharmaceutical Affairs Act Article 47

A medicament manufacture or import license shall be valid for five (5) years. Where it is necessary to continue the manufacture or import of medicament upon expiration, a prior application shall be filed with the central competent authority for approval of license extension. The term of each extension shall not exceed five (5) years. The license shall be revoked upon expiry of the term thereof if the license holder fails to apply for an extension or if the application for an extension is disapproved.In case a license set forth in the preceding paragraph is stained, damaged, or lost, an application specifying the cause shall be filed with the original issuing authority for replacement or re-issuance; the original license shall be revoked or canceled through public notice by the issuing authority.