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2025-05-01 19:42
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"Pharmaceutical companies using CSOs must renew contracts
by
Kim, Jin-Gu
Nov 26, 2024 05:53am
Based on the Contract Sales Organization (CSO) reporting system implemented last month, pharmaceutical companies must be aware of potential legal risks. Pharmaceutical companies using CSOs must sign contracts with companies that have completed registration and renew existing contracts to align with the timeline following reporting. On Nove
Company
K-Bio to showcase at the ASH 2024
by
Son, Hyung Min
Nov 25, 2024 05:54am
Development accomplishments of the Korean pharmaceutical industry's blood cancer treatments will be showcased at an international conference. Hanmi Pharmaceutical, PharosiBio, LigaChem Biosciences, and Aptamer Sciences will present their promising clinical study results, and they are set to join the global stage. PharosiBio and Hanmi P
Company
'Altuviiio' for hemophilia A expected to be marketed in KOR
by
Eo, Yun-Ho
Nov 25, 2024 05:53am
'Altuviiio,' a new once-weekly administered hemophilia A drug, is expected to be marketed in South Korea. According to industry sources, Sanofi-Aventis has recently submitted an application for approval of Altuviiio (efanesoctocog alfa). The Ministry of Food and Drug Safety (MFDS) granted this drug an Orphan Drug Designation (ODD) in M
Company
"Korean pharma draws attention, open innovation will heat up
by
Son, Hyung Min
Nov 22, 2024 05:56am
Global pharmaceutical companies continue to invest in research & development (R&D) to overcome patent expiration. Industry experts have said that open innovation between global pharmaceutical companies and Korean pharmaceutical companies will be fired up, enabling collaborations in various diseases. According to industry sources on Novem
Company
Industry eyes myelofibrosis drug Ojjaara¡¯s reimb progress
by
Eo, Yun-Ho
Nov 22, 2024 05:55am
Interest is gathering on the insurance reimbursement of Omjjara, a targeted therapy for myelofibrosis. According to industry sources, GSK Korea is preparing to submit a reimbursement application for its myelofibrosis drug, Ojjaara (momelotinib) in Korea. The company is expected to submit its application next month (December).&160; Spe
Company
Latecomer psoriasis treatment 'Bimzelx' launches
by
Whang, byung-woo
Nov 22, 2024 05:55am
UCV Korea has launched Bimzelx (ingredient: bimekizumab) for treating psoriasis and is set to challenge the market. Although existing psoriasis treatments have taken a share of the market, the company will target unmet needs based on the drug's new mechanism. UCB Korea held a media session on November 20 to celebrate the launch of Bimz
Company
¡®Global Bio M&A Trends: Fewer New Drugs, More CDMOs¡¯
by
Kim, Jin-Gu
Nov 22, 2024 05:55am
The global pharma-bio M&A trend is showing a distinct trend of 'risk aversion'. Due to the macroeconomic impact, investments in stable areas became more active, while investments in high-risk, high-return areas have plummeted.&160; This explains the sharp decline in M&A related to new drug development, which is high-risk and the increase in
Company
New CGRP antagonist 'eptinezumab' expected to be marketed
by
Eo, Yun-Ho
Nov 21, 2024 05:46am
Yet another CGRP antagonist drug for migraine is expected to be marketed. Lundbeck's 'eptinezumab (Vyepti),' a CGRP antagonist for the preventive treatment of migraine, showed positive results in the global Phase 3 clinical trial in Asia involving Koreans. The drug is expected to enter South Korea quickly based on this result. Lundbec
Company
¡®Use of Prevenar 20 will rise to address the unmet need'
by
Son, Hyung Min
Nov 20, 2024 06:08am
Prevenar 20 has become the pneumococcal vaccine that covers the most serotypes in Korea. Experts believe that its use will increase to address the unmet need for a treatment that protects against serotypes not targeted by existing vaccines. Pfizer Korea held a press conference at the Lotte Hotel in Jung-gu, Seoul on the 19th to celebrate
Company
Drug switching policy for atopic dermatitis fails to address
by
Whang, byung-woo
Nov 20, 2024 06:08am
A discussion has been advancing to allow drug switching between a biological agent and a JAK inhibitor for treating atopic dermatitis (hereafter referred to as atopy), and there have been further suggestions for the revision. The Health Insurance Review and Assessment Service (HIRA) has already established reimbursement criteria, but concerns
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