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Company
Qalsody receives orphan drug designation in Korea
by
Eo, Yun-Ho
Aug 8, 2024 09:24am
¡®Qalsody (tofersen),¡¯ a new drug for Lou Gehrig's disease, was designated as an orphan drug in Korea. The Ministry of Food and Drug Safety (MFDS) recently announced the designation through an orphan drug designation notice. More specifically, the drug is indicated for amyotrophic lateral sclerosis (Lou Gehrig's disease) associated wi
Company
Vaxneuvance increases presence in NIP mkt
by
Hwang, Byung-woo
Aug 8, 2024 09:24am
MSD Korea is accelerating its efforts to capture the national immunization program (NIP) market by touting the high immunogenicity of Vaxneuvance. The vaccine has already been rapidly introduced to general hospitals and clinics upon its launch, and the company is highlighting the vaccine¡¯s clinical benefits to gain a competitive advantage.
Company
Electronic drugs show potential to conquering Alzheimer's
by
Son, Hyung-Min
Aug 8, 2024 09:24am
The Korean pharmaceutical bio industry is making a bid into the electronic drug market for Alzheimer's disease. Recently, Remed unveiled the results of its transcranial magnetic stimulation (TMS) therapy that demonstrated an effect in treating Alzheimer's disease. AriBio, which is developing a new drug for Alzheimer's disease, is developing an e
Company
Tepezza receives orphan drug designation in Korea
by
Eo, Yun-Ho
Aug 6, 2024 09:16am
Tepezza (teprotumumab), a targeted treatment for thyroid eye disease (TED), has been designated as an orphan drug in Korea. The Ministry of Food and Drug Safety (MFDS) recently announced the designation through an orphan drug designation notification. Specifically, Tepezza is indicated for the treatment of adult patients with moderate-
Company
Lily Korea appoints John Bickel as new General Manager
by
Hwang, Byung-woo
Aug 6, 2024 09:16am
Eli Lilly Korea announced on August 5th the appointment of John Bickel as the new General Manager of Eli Lilly Korea, effective August 1st. Bickel is an expert with 26 years of extensive leadership experience at Eli Lilly and Company. In the headquarters, he was responsible for the U.S. and global market in oncology and neuroscience divis
Company
Trials start for 'cancer vaccine+immunooncology drug¡¯ combo
by
Son, Hyung-Min
Aug 6, 2024 09:16am
Global pharmaceutical companies are making progress in developing messenger ribonucleic acid (mRNA) cancer vaccines and immuno-oncology combinations. Recently, Regeneron and BioNTech confirmed efficacy in a Phase II clinical trial for melanoma. Moderna, a company specializing in the development of mRNA vaccines, has also shown promise in mela
Company
Entresto sales soar¡¦ rises 22% in 1 year
by
Kim, Jin-Gu
Aug 6, 2024 09:15am
Sales of Novartis' heart failure drug 'Entresto' continues to grow over 20% YoY in its 7th year on the market. At this rate, the drug is expected to generate prescription sales of around KRW 70 billion by the end of this year. The variable is the patent dispute. The company is currently awaiting its second judgment on its patent dispute w
Company
Nabota records KRW 92B in North American sales in Q2
by
Son, Hyung-Min
Aug 5, 2024 07:51am
Evolus has posted record quarterly sales thanks to a surge in sales of its botulinum toxin Nabota. The company generated USD 126 million in sales in the first half of the year, lighting a green light to achieving its performance target for the year. Evolus plans to continue to grow sales by expanding Nabota's international approvals and launchin
Company
Pemazyre may be prescribed at general hospitals in Korea
by
Eo, Yun-Ho
Aug 5, 2024 07:51am
Pemazyre, a treatment for intrahepatic bile duct cancer(cholangiocarcinoma) can now be prescribed at general hospitals in Korea. According to industry sources, Handok's Pemazyre (pemigatinib) has passed the drug committee (DC) of top general hospitals in Korea including Samsung Medical Center, Seoul National University Hospital, and Asan
Company
Obesity drugs, 'Wegovy vs Mounjaro' after expanded approval
by
Hwang, Byung-woo
Aug 5, 2024 07:51am
Wegovy and Mounjaro, regarded as next-generation treatments for obesity, have expanded indications. As a result, intense competition in the market is expected. On July 1st, Eli Lily's Mounjaro (ingredient: tirzepatide) received approval as an adjunct for chronic weight management, a year after it received approval as a type 2 diabetes tre
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