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K-Bio in ASCO 2020: Seeking the optimal combination
by
Choi sun
May 27, 2020 06:07am
From May 29, ten of Korean pharmaceutical and bio companies are to participate in the virtually held American Society of Clinical Oncology Annual Meeting (ASCO) 2020. GC Pharma, SillaJen, Genexine and many other Korean companies are planning to present various clinical study outcomes related to anticancer treatments. The ASCO annual
Company
KRPIA-MOHW meeting rescheduled on May 28
by
Eo, Yun-Ho
May 27, 2020 06:05am
Korean Research-based Pharmaceutical Industry Association (KRPIA) and Ministry of Health and Welfare (MOHW) have rescheduled their meeting canceled last week due to a confirmed case of COVID-19. According to a pharmaceutical industry source, a meeting between MOHW Pharmaceutical Benefits Division and KRPIA Market Access (MA) and Governme
Company
Prevenar13 by Pfizer sales increased 50%
by
An, Kyung-Jin
May 26, 2020 06:05am
Pfizer's pneumococcal vaccine 'Prevenar 13' had a high sales. It is evaluated that reflex profits appeared as anticipation for the effect of preventing pneumonia increased due to prolongation of COVID-19 outbreak. According to the drug research agency IQVIA on the 21st, 'Prevenar 13' sales in the first quarter increased 52.2% to &8361;17.
Company
Improving access to Lenvima and its later-line treatment
by
Eo, Yun-Ho
May 25, 2020 06:27am
1 The Korean pharmaceutical industry is keeping a close eye on the Cancer Deliberation Committee¡¯s June meeting to discuss the coverage on later-line treatment following Lenvima treating liver cancer. The pharmaceutical industry sources reported the Cancer Deliberation Committee could talk about extending the access of patient with hepatoce
Company
Erectile dysfunction treatment market suffered from COVID-19
by
An, Kyung-Jin
May 25, 2020 06:26am
The well-established domestic erectile dysfunction treatment market was stagnant. As the sales of large products sold by Hanmi Pharm, Chong Kun Dang, and Pfizer decreased, the overall market size was lowered. According to the analysis, the market for erectile dysfunction treatment, which has a relatively low disease severity, has been suff
Company
Pfizer stopped Duavive due to quality problems
by
Kim, Jin-Gu
May 25, 2020 06:26am
Pfizer Pharmaceuticals voluntarily recovers its own menopausal treatment drug Duavive. This is based on the identification of potential quality problems in the results of self-investigation. On the 21st, Pfizer Pharmaceuticals requested each drug distributor to discontinue certain lot numbers of Duavive 0.45mg / 20mg folowing as ¡ãDC5278
Company
Alvogen Korea secures domestic rights for Seroquel
by
An, Kyung-Jin
May 25, 2020 06:26am
Alvogen Korea took over the domestic rights of the drug 'Seroquel' (Quetiapine), a treatment for schizophrenia. Alvogen Korea announced on the 21st that it has signed an exclusive distribution and marketing contract for 'Seroquel' and 'Seroquel XR' with Luye Pharma in China, and approval of the domestic license has been completed. Seroq
Company
Qsymia puts a brake on Saxenda in Q1 obesity drug market
by
An, Kyung-Jin
May 22, 2020 06:17am
The Korean obesity treatment market has fluctuated significantly in the year. The so-called ¡®Gangnam Diet Injection,¡¯ Saxenda lost its solid market leadership and now shares the top spot with Qsymia. Saxenda¡¯s sales has halved as soon as Qsymia entered the market and took over a significant part of it. On May 20, pharmaceutical marke
Company
MOHW-KRPIA meeting canceled as confirmed COVID-19 reported
by
Eo, Yun-Ho
May 22, 2020 06:16am
A confirmed case of COVID-19 was reported from Twin City Namsan building that houses the office of Korean Research-based Pharmaceutical Industry Association (KRPIA). Accordingly, the meeting originally scheduled on May 21 to convene Ministry of Health and Welfare (MOHW) Division of Pharmaceutical Benefits officials and KRPIA and multinat
Company
Promising shingles vaccine market halved by COVID-19
by
Chon, Seung-Hyun
May 21, 2020 06:01am
The Korean shingles prevention vaccine market has halved this year. SK Bioscience' Sky Zoster has been maintaining high growth since its launch in 2018, but the market itself plummeted recently due to the COVID-19 outbreak. According to pharmaceutical market research firm IQVIA, this year¡¯s first quarter shingles vaccine market marked
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