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- Generic market share 13% after 'Trajenta' patent expiration
- by Kim, Jin-Gu May 12, 2025 05:59am
- Generic products have expanded their market share to 13% just nine months after the patent expiration of Trajenta (linagliptin), a DPP-4 inhibitor for diabetes treatment. Compared to previous cases of diabetes treatments in the same drug class that patents expired before Trajenta, generic products are analyzed to have slower market penetratio
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- RPE stem cells may address the cause of AMD
- by May 12, 2025 05:58am
- What if damaged human tissues and organs could be “restored”? If severed spinal cords could be reconnected, and eyes that have lost their sight could once again detect light on their own. The technology to revive human tissues that have lost their function has been a long-standing aspiration of humanity. Tissue regeneration using stem cells
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- Reimb progress for Balversa gains attention in Korea
- by Eo, Yun-Ho May 9, 2025 06:01am
- Balversa, a new drug for bladder cancer, has passed the first hurdle toward being listed for insurance reimbursement in Korea. According to industry sources, Janssen Korea’s FGFR targeting urothelial carcinoma (bladder cancer) drug Balversa (erdafitinib) recently passed the Cander Disease Deliberation Committee of the Health Insurance
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- U.S. issues orders to produce pharmaceuticals domestically
- by Kim, Jin-Gu May 9, 2025 06:00am
- An executive order issued by U.S. President Donald Trump to promote domestic production of medicines could impose additional burdens on Korean pharmaceutical and biotech companies seeking entry into the U.S. market. Included among the order’s provisions is a requirement to strengthen inspections of manufacturing facilities outside the
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- Pharma closely watches tariffs as U.S. sales surge
- by Chon, Seung-Hyun May 9, 2025 06:00am
- South Korea’s pharmaceutical and biotech companies are focusing on potential tariffs on U.S. exports of their medicines. President Donald Trump’s announcement that tariffs would be imposed on imported pharmaceuticals has left major exporters considering devising countermeasures. Celltrion, whose North American sales have topped KRW 1 trillion,
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- Lilly retries to make RET-targeted therapy accessible
- by Eo, Yun-Ho May 8, 2025 06:09am
- Patients are hopeful again for RET-targeted cancer therapy, a treatment option once deemed 'pie in the sky.' According to industry sources, Lilly Korea has recently submitted an application for insurance reimbursement listing for its RET (REarranged during Transfection) inhibitor 'Retevmo (selpercatinib),' indicated for the treatment of n
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- BIO KOREA 2025 'Innovation and Collaboration'
- by Whang, byung-woo May 8, 2025 06:09am
- With open innovation emerging as a key topic for fostering a bio ecosystem, scalability based on networking has become a necessity rather than a choice. BIO KOREA 2025, which opened on the 7th, also kicked off its three-day journey with various programs under the theme of “Innovation and Collaboration: Building the Future Together,” marking
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- Industry asks US to exempt Korean drugs from tariffs
- by Kim, Jin-Gu May 8, 2025 06:09am
- In preparation for the US government's potential imposition of tariffs on pharmaceuticals, the Korea Biotechnology Industry Organization (KoreaBIO) has followed the Ministry of Health and Welfare in submitting an official opinion statement. The opinion statement submitted to the US government states that South Korea is a reliable partner i
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- FDA approves Huons' two Lidocaine Inj products
- by Lee, Seok-Jun May 8, 2025 06:08am
- Huons has received U.S. Food and Drug Administration (FDA) approval for two of its lidocaine local anesthetic products, marking its expansion into the North American market. On the 7th, Huons (CEO Soo-young Song) announced that it has obtained FDA approval for its “1% Lidocaine 200 mg/20 mL” and “(2% Lidocaine 400 mg/20 mL multi-dose
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- Global pharmas showcase results at ARVO 2025
- by Cha, Jihyun May 8, 2025 06:08am
- The Association for Research in Vision and Ophthalmology (ARVO 2025) began on May 4 (local time) in Salt Lake City, Utah, USA. ARVO is the world's largest meeting of vision and ophthalmology researchers, attracting over 10,000 participants each year, and ARVO 2025 is being held over five days at the Salt Palace Convention Center. The exhibiti
