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Novartis counterattacks against Celltrion / a patent lawsuit
by
Kim, Jin-Gu
Jun 7, 2023 09:47pm
Novartis is investigating Celltrion for patent infringement of its biosimilar Xolair, asthma, and urticaria treatment. According to the pharmaceutical industry on the 2nd, Novartis filed two claims against Celltrion on the 1st. A proactive trial to confirm the scope of rights is to ask the Intellectual Property Trial and Appeals Board to acc
Company
Kwangdong wins patent lawsuit against Ibrance in reverse
by
Kim, Jin-Gu
Jun 7, 2023 05:38am
As Kwangdong Pharmaceutical succeeded in reversing the second trial of the patent lawsuit against Ibrance, it boarded the last train for generic exclusivity. As a result, Ibrance's generic for exclusivity is owned by three companies, including Daewoong Pharmaceutical and Shinpoong Pharmaceutical, which won in the first trial, and Kwangdong P
Company
Sales of anti-cancer drug 'Taxol' increases by 53%
by
Kim, Jin-Gu
Jun 7, 2023 05:38am
Sales of the original Paclitaxel anti-cancer drug 'Taxol' increased 53% in one year. This change has seemed to have occurred as Boryung took over domestic sales from the beginning of this year. According to IQVIA, a pharmaceutical market research institute, on the 2nd, Taxol's sales in the first quarter was KRW 2.9 billion. This is a 53
Company
Pfizer's ADC Mylotarg can be prescribed by Big 5
by
Eo, Yun-Ho
Jun 7, 2023 05:38am
Pfizer's new ADC drug, Mylotarg, has settled in a Big 5 general hospital. According to the related industry, Pfizer Korea's acute myeloid leukemia (AML) Mylotarg is a drug for medical institutions such as SMC, SNUH, Seoul St. Mary's Hospital, AMC, Shinchon Severance Hospital, as well as advanced general hospitals such as the National Cancer
Company
'Saxenda' continues to dominate weight-loss market
by
Kim, Jin-Gu
Jun 7, 2023 05:38am
'Saxenda (Liraglutide)' is further strengthening its dominance in the obesity treatment market. In the first quarter, it recorded sales of KRW 15.9 billion, 53% increase from the previous year, more than doubling the gap with the runner-up product, 'Qsymia (Phentermine+Topiramate).' However, it remains to be seen how much longer Saxenda'
Company
Interleukin inhibitors Cosentyx¡¤Tremfya busy extending reim
by
Eo, Yun-Ho
Jun 5, 2023 05:37am
News of reimbursement extensions granted for interleukin inhibitors is continuing in Korea. According to industry sources, the scope of reimbursement for Novartis Korea's IL-17A inhibitor 'Cosentyx UnoReady Pen' 300mg/2mL, and Janssen Korea's IL-23 inhibitor ¡®Tremfya (guselkumab)' have been extended since last month, and the 1st of this
Company
Forxiga will maintain its price for 10 months in KOR
by
Jung, Sae-Im
Jun 2, 2023 05:38am
The prices of AstraZeneca¡¯s SGLT-2 inhibitor ¡®Forxiga (dapagliflozin)¡¯ and combination drug ¡®Xigduo¡¯ will stay as is until February next year. On the 1st, the Seoul Administrative Court¡¯s 1st Administrative Division accepted the suspension of execution filed by AstraZeneca against the Ministry of Health and Welfare to cancel the drug p
Company
BMS and Gilead compete tightly in HBV drug market in KOR
by
Nho, Byung Chul
Jun 2, 2023 05:38am
BMS¡¯s Baraclude and Gilead Science¡¯s Viread are fiercely competing in the KRW 200 billion original hepatitis B treatment market. Based on drug distribution results, sales of Baraclude and Viread, the No.1 and No.2 products in the HBV market in 2022, were tallied at KRW 69.5 billion and KRW 62.8 billion, respectively. Just last yea
Company
K-Pharma Bio ASCO launch table
by
Hwang, Jin-joon
Jun 1, 2023 05:43am
Pipeline clinical results of major domestic pharmaceutical bio companies such as Yuhan Corp. were disclosed at ASCO. According to the industry on the 31st, the abstract of a paper scheduled to be presented at ASCO, which will be held in Chicago, USA from June 2nd to 6th (local time), was recently released. ASCO is a major international academ
Company
The share of the domestic bio-industry is around 1%
by
Hwang, Jin-joon
Jun 1, 2023 05:42am
"It has been confirmed that the domestic bio-industry accounts for around 1% of the global market. In order for Korea's bio-industry, which is a latecomer, to secure global competitiveness, policy, and institutional support is needed." Lee Jeong-Seok, chairman of the Korea Biopharmaceutical Association, said this at the ¡®Biohealth Industry Nati
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