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Merck retrieves rights to PD-L1 antibody Bavencio in Korea
by
Eo, Yun-Ho
May 23, 2023 05:54am
The long-standing collaboration that had existed between the Korean subsidiaries of Merck and Pfizer Korea for the immunotherapy ¡®Bavencio¡¯ has come to a close. According to industry sources, the companies are in the process of handling the rights for the PD-L1-inhibiting immunotherapy Bavencio (avelumab) in Korea as Merck retrieved th
Company
RWD results reaffirm Leclaza¡¯s efficacy in practice
by
Chon, Seung-Hyun
May 23, 2023 05:54am
Study results that confirm the efficacy and safety of Yuhan Corp's new anticancer drug ¡®Leclaza¡¯ in the real world has been released. Lim Sun Min, Professor of Oncology at Yonsei Cancer Center, and Beung-Chul Ahn, Professor of Oncology at the National Cancer Center, met with reporters at the Korea Pharmaceutical and Bio-Pharma Manufact
Company
SGLT2 lowers BP, but more evidence is needed to use it alone
by
Hwang, Jin-joon
May 23, 2023 05:50am
There was an opinion that there is still insufficient evidence for the use of the sodium-glucose cotransporter-2 (SGLT-2) inhibitor, a treatment for type 2 diabetes and heart failure, for the treatment of hypertension. It can be expected to lower blood pressure in patients with heart failure or diabetes, but it is difficult to use it alone f
Company
AZ runs a neurofibromatosis disease awareness campaign
by
Jung, Sae-Im
May 22, 2023 05:42am
AstraZeneca Korea announced on the 18th that it had conducted the 'Twinkling a Light for NF-1 Campaign' for its executives and employees to support domestic neurofibromatosis patients in celebration of 'World Neurofibromatosis Awareness Day'. The Children's Cancer Foundation designated May 17 every year as World Neurofibromatosis Awareness Day t
Company
Hana Pharm, signed a sub-license agreement for Byfav
by
Lee, Seok-Jun
May 22, 2023 05:42am
Hana Pharm announced on the 18th that it had signed a sub-license contract with Hyphens Pharma of Singapore for the exclusive rights to Byfavo 20mg, an anesthetic new drug. This contract is the first achievement of local partnering while Hana Pharm received licenses for six Southeast Asian countries from German PiON in 2020 and was in the pro
Company
New formulations for schizophrenia are being commercialized
by
Eo, Yun-Ho
May 22, 2023 05:42am
According to related industries, new long-acting formulations of existing schizophrenia treatment drugs, such as Abilify and Invega, are being released one after another. Lundbeck and Otsuka Pharmaceutical obtained US FDA approval for Abilify Asimtufii, which is administered once every two months, last month. Abilify Asimtufii confirmed i
Company
¡°Need to increase support for new AI drugs in Korea¡±
by
Jung, Sae-Im
May 22, 2023 05:42am
¡°Although artificial intelligence (AI) new drug development ecosystem is being created in Korea, there are still many areas that we are lacking at a global level in terms of manpower or investment scale. Chinese companies that were established around the same time received more than KRW 500 billion in investments, while Korean companies only re
Company
Attempts to develop new drugs for hypertension
by
Hwang, Jin-joon
May 22, 2023 05:41am
Opinions were raised that it would be difficult for candidates under development as new drugs for hypertension, such as Baxdrostat, Aprocitentan, and Firibastat, to replace existing drugs. It is expected that it will fill the unmet demand rather than take the place of the prescribed treatment. Professor Woong-Gil Choi of Chungbuk National
Company
Forxiga price cut enforcement suspension extended
by
Jung, Sae-Im
May 19, 2023 05:48am
A decision on whether to suspend the execution of drug price cuts for AstraZeneca Korea¡¯s diabetes treatments Forxiga and Xigduo is expected to be decided at the end of this month at the earliest. The temporary suspension period, originally until May 19, is also extended. On the 16th, the first division of the Seoul Administrative Court held an
Company
HLB applies for liver cancer drug approval to FDA
by
Lee, Seok-Jun
May 19, 2023 05:47am
HLB submitted a New Drug Application (NDA) to the FDA for Rivoceranib, a targeted anti-cancer drug under development as a first-line liver cancer drug. This is the first time that a domestic bio company has completed its own clinical trials for its anti-cancer drug substance and proceeded with the new drug approval process in the global mark
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