- Company
- 'Lorviqua' accepts DREC condition…negotiations to start
- by Eo, Yun-Ho Feb 11, 2025 06:02am
- The final review process is about to begin for expanded reimbursement of the non-small cell lunger cancer treatment 'Lorviqua' as a first-line treatment. According to industry sources, Pfizer Korea accepted the condition of 'accepting the drug price below the evaluated amount' suggested by the Drug Reimbursement Evaluation Committee (DREC
- Company
- Mitsubishi Tanabe Pharma sold to private equity fund
- by Whang, byung-woo Feb 11, 2025 06:02am
- The sale of Japanese pharmaceutical company Mitsubishi Tanabe Pharma to a global private equity firm is expected to bring changes to its Korean branch as well. Although the company is being sold, it is not being sold by business unit, so its effect on the overall market is expected to be small. Rather, the sales are expected to increase suppo
- Company
- OliX licenses out RNA-based MASH drug technology to Lilly
- by Feb 10, 2025 05:50am
- OliX, a company developing RNA-based new drugs, has transferred its metabolic dysfunction-associated steatohepatitis (MASH) and obesity drug candidate to the multinational pharmaceutical company Eli Lilly. On the 7th, OliX announced that it had signed a joint development and technology export agreement with Lilly for its MASH and obesity
- Company
- Bayer Korea marks 70th year, preparing for 100-yr milestone
- by Whang, byung-woo Feb 10, 2025 05:50am
- Bayer Korea, celebrating its 70th year in business in the Korean market, is preparing for the next leap toward the 100th year. The company plans to enhance the capacity of treatments already launched in the market and its new growth driver pipeline, aiming for long-term and continuous business growth. Additionally, as the importance of th
- Company
- New TED drug 'Tepezza' under review for marketing approval
- by Eo, Yun-Ho Feb 10, 2025 05:50am
- The commercialization of 'Tepezza,' a targeted treatment for Thyroid Eye Disease, is expected. According to industry sources, the Ministry of Food and Drug Safety (MFDS) is reviewing the approval of the Thyroid Eye Disease (TED) treatment, Tepezza (teprotumumab). This drug was designated as an orphan drug in South Korea in August 2024.
- Company
- Will Keytruda’s reimbursement standards be set this time?
- by Whang, byung-woo Feb 7, 2025 05:52am
- Keytruda, for which MSD had submitted reimbursement applications to extend its coverage to 17 indications, is gaining industry attention as it is expected to be presented to the Cancer Disease Deliberation Committee for the first time this year. According to industry sources, MSD Korea's Keytruda (pembrolizumab) will be presented to the K
- Company
- Will the non-reimb status of 'Padcev' change this year?
- by Eo, Yun-Ho Feb 7, 2025 05:51am
- The industry is paying attention to the progress of reimbursing monotherapy·combination therapy of 'Padcev,' the new ADC drug for bladder cancer. Astellas Korea's Antibody-Drug Conjugates (ADC) Padcev (enfortumab) is expected to be considered for the Cancer Disease Review Committee of the Health Insurance Review and Assessment Service (HI
- Company
- CKD to distribute·sell Bayer's 'Nexavar'·'Stivarga' in KOR
- by Kim, Jin-Gu Feb 7, 2025 05:51am
- Chong Kun Dang Pharm announced on February 6 that it has signed an exclusive sales agreement with Bayer Korea for the advanced hepatocellular carcinoma treatments 'Nexavar (sorafenib)'·'Stivarga (regorafenib).' Based on this contract, Chong Kun Dang Pharm will be responsible for exclusive distribution·sales·marketing of Nexavar and Sti
- Company
- ‘Leqvio reduces LDL-C with twice-yearly dose’
- by Son, Hyung Min Feb 7, 2025 05:51am
- While the “the lower, the better” mantra in LDL-cholesterol (LDL-C) treatment is gaining traction around the world, achieving and maintaining target levels is challenging due to the patients’ poor adherence to existing therapies. In the United States, 50% of patients who are prescribed statins stop taking them within one year, and only 5% rem
- Company
- China rises as global R&D leader, K-bio not in top 50
- by Cha, Jihyun Feb 6, 2025 05:57am
- The R&D investment gap between Korean biopharmaceutical companies and Big Pharma is increasing. Analysis suggests that Korean companies must seek measures to respond to competition for next-generation technology as the R&D investment centers around the United States and China. On February 5, the Korea Chamber of Commerce and Industry (KCCI) a
