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2025-09-12 04:25
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Restrictions on new AML drug Xospata may be lifted next yr
by
Eo, Yun-Ho
Dec 26, 2023 05:47am
The acute myeloid leukemia drug Xospata has entered the last gateway to resolving its dosing cycle restrictions. According to industry sources, Astellas Korea has started drug pricing negotiations with the National Health Insurance Service for its Xospata (gilteritinib), a new drug for patients with relapsed or refractory acute myeloid le
Company
Fierce competition heralded in the hair loss treatment mkt
by
Nho, Byung Chul
Dec 22, 2023 05:47am
Enterobiome confirms the efficacy of akkermansia muciniphila in preclinical trial The battle between global big pharma and domestic pharma-bio companies is expected to unfold in the field of hair loss treatment. Multinational pharmaceutical companies that have succeeded in commercializing alopecia areata treatments - U.S. compan
Company
30 companies do not fulfill disability employment obligation
by
Kim, Jin-Gu
Dec 21, 2023 05:39am
Twenty-nine Korean pharmaceutical and biotech companies have failed to fulfill their obligations to hire people with disabilities. The Ministry of Employment and Labor added AstraZeneca Korea to the list for 10 consecutive years and Kolon Pharmaceutical for 3 consecutive years due to their failure in fulfilling their disability hiring obli
Company
¡®Use of Cosentyx will rise in ankylosing spondylitis¡¯
by
Son, Hyung-Min
Dec 21, 2023 05:39am
Reimbursement for Novartis' Cosentyx has been expanded to the first-line in ankylosing spondylitis in Korea. The rise of the new reimbursed drug option in the treatment of early ankylosing spondylitis, which is added to the existing options of tumor necrosis factor-alpha (TNF-¥á) inhibitors such as Humira and Remicade, is expected to increas
Company
One-shot Luxterna may soon receive reimbursement
by
Eo, Yun-Ho
Dec 21, 2023 05:39am
The one-shot retinal disease treatment 'Luxterna' is likely to be reimbursed soon. According to industry sources, Novartis Korea completed negotiations for Luxturna (voretigene neparvovec), a treatment for inherited retinal dystrophy (IRD), with the National Health Insurance Service on the 18th. Although the drug pricing negotiations d
Company
Marketability of homegrown drugs being tested in the US
by
Chon, Seung-Hyun
Dec 20, 2023 05:41am
Domestic pharmaceutical and bio companies are entering the US one after another. GC Biopharma succeeded in entering the US market with its blood product on its third try. Since last year, 3 domestically developed drugs have passed the US market gateway, starting with Hanmi Pharmaceutical and Celltrion. Until now, homegrown drugs that have entere
Company
LG Chem joins in the 3-way race in Humira biosimilar mkt
by
Chon, Seung-Hyun
Dec 19, 2023 05:54am
LG Chem has joined in to compete for a share of the Humira biosimilar market. Humira is an original autoimmune disease treatment. With the introduction, a three-way competition will start between Samsung Bioepis, Celltrion, and LG Chem in the KRW 100 billion annual market. It has been 2 years since biosimilars entered the Humira market, but the
Company
2 new JAK inhibitors secure expanded reimb
by
Son, Hyung-Min
Dec 19, 2023 05:54am
The treatment market for active ankylosing spondylitis, which had been previously dominated by Tumor Necrosis Factor-alpha (TNF-¥á) inhibitors such as Humira and Remicade, is transforming. As of the 1st of this month, reimbursement has been applied and expanded to include major Janus Kinase (JAK) inhibitors and biologic agents for treating activ
Company
Baxter-JW-HK Inno.N-Kabi introduce 4th gen 3 chamber TPNs
by
Nho, Byung Chul
Dec 19, 2023 05:53am
The race to expand the market share of ¡®new lipid formulation total parenteral nutrition¡¯ has been ignited by pharmaceutical companies specializing in parenteral nutrition. The new intravenous lipid total parenteral nutritions that have been introduced to the market are regarded as 4th generation total parenteral nutritions and are an
Company
Who will take over the Forxiga market worth 50 bil?
by
Chon, Seung-Hyun
Dec 18, 2023 05:31am
The pharmaceutical industry is closely monitoring the potential withdrawal of the diabetes drug Forxiga from the market in Korea. This withdrawal is expected to intensify competition among companies aiming to fill the market gap left by Forxiga. Companies that have recently introduced generics of Forxiga are predicted to enter intense market com
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