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LegoChem Bio may receive milestone payments next yr
by
Dec 28, 2022 05:49am
LegoChem Bioscience¡¯s drug candidates that have been licensed out are making their way into clinical trials. The company succeeded in making licensing deals for 10 antibody-drug conjugate (ADC) pipelines and is expected to start receiving milestone payments in earnest in line with their development progress. ¡ßCompany may earn up to
Company
More companies are overcoming patents for Otezla
by
Kim, Jin-Gu
Dec 28, 2022 05:48am
Pharmaceutical bio companies seeking to release generics for Otezla, a psoriasis treatment that has not been released in Korea, are expanding. In addition to the existing Daewoong Pharmaceutical and Dong-A ST, DongKoo Bio, Huons, and Chong Kun Dang succeeded in overcoming two out of three related patents. If they overcome the remaining usage
Company
Why no news is being heard on reimb extension for Bavencio
by
Dec 28, 2022 05:48am
Merck and Pfizer¡¯s cancer immunotherapy ¡®Bavencio (avelumab)¡¯ is having trouble expanding its reimbursement in Korea. Although the agenda has passed deliberations by the Cancer Disease Deliberation Committee (CDDC), the follow-up process was sluggish and no progress has been made for 8 months. According to the pharmaceutical industry on th
Company
Phase 1/2 of CJ Bio's Microbiome has been applied
by
Dec 28, 2022 05:48am
CJ Bioscience announced on the 26th that it has submitted an IND of phase 1/2 of the Microbiome immuno-cancer drug "CJRB-101" to the U.S. Food and Drug Administration (FDA). CJRB-101 is a new immuno-cancer drug candidate secured by CJ Bioscience. It was developed through various immunological reviews based on the strain library that CJ has bu
Company
Kisqali Extends PFS by 1 yr in poor prognosis breast cancer
by
Dec 28, 2022 05:48am
Novartis Korea announced on the 26th that the progressive and metastatic breast cancer treatment Kisqali has extended the progressive survival period by about one year compared to the first treatment of hormone receptor-positive (HR+)/human epithelial cell growth factor 2 negative (HER2-) breast cancer patients. The results of this study were
Company
Samsung BioLogics did not receive 45.5 billion won
by
Dec 27, 2022 06:10am
Samsung BioLogics has been in conflict with U.S. bio company Cytodyn over the past year to pay for commissioned production (CMO). Conflicts have continued for a year as Cytodyn is overdue the promised cost of the biopharmaceutical CMO. Late payments more than doubled from $13.5 million (17.2 billion won) in January this year. According to the
Company
LG Chem's Humira biosimilar applies for domestic permission
by
Dec 27, 2022 06:10am
LG Chem announced on the 23rd that it has applied for permission for Humira biosimilar LBAL items to the Ministry of Food and Drug Safety. Indications include rheumatoid arthritis, psoriatic arthritis, axillary spinal arthritis, adult Crohn's disease, psoriasis, ulcerative colitis, Betchett enteritis, and meningitis in adults. In addition,
Company
Nubeqa, approval for a combination therapy indication
by
Eo, Yun-Ho
Dec 23, 2022 06:06am
It is expected that the prescription of the combination therapy of the prostate cancer treatment Nubeqa will be possible in Korea. According to related industries, Bayer Korea recently submitted an application to the Ministry of Food and Drug Safety to expand the Taxotere combination therapy indication of an oral androgen receptor inhibitor (
Company
1 of 2 patent suits filed this year proceed to the 2nd round
by
Kim, Jin-Gu
Dec 23, 2022 06:06am
It seems that the patent disputes in the pharma and bio industry will continue on in the long term. Among the 20 major rulings made during the first trial, 11, over 50% are being retried in a second trial by the Patent Court of Korea. Both the winning and losing parties of the patent suit that had been filed against Boryung Pharmaceutical¡¯s
Company
New HCV drug Epclusa lands in hospitals with reimb
by
Eo, Yun-Ho
Dec 22, 2022 05:52am
The Hepatitis C treatment ¡®Epclusa¡¯ is rapidly landing in hospitals for prescriptions after being granted reimbursement in Korea. According to industry sources, Gilead Science Korea¡¯s oral chronic hepatitis C treatment Epclusa (sofosbuvir/velpatasvir) has passed the Drug Committees (DCs) of the Big-5s including the Seoul National Unive
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