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2025-05-01 10:04
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Abbott, the undisputed CGM leader seeks to expand mkt
by
Whang, byung-woo
Mar 26, 2025 06:01am
Abbott, a leading player in the continuous glucose monitoring (CGM) market, is seeking to expand its influence through collaboration with a medical data platform. The goal is to provide an improved blood glucose management solution that goes beyond simply collecting data and provides a comprehensive analysis of the patient's condition. On
Company
Cosentyx¡¯s reimb for hidradenitis suppurativa unclear
by
Eo, Yun-Ho
Mar 26, 2025 06:01am
Discussions regarding the expansion of insurance reimbursement coverage for Cosentyx, a treatment option for hidradenitis suppurativa that emerged a decade after Humira, remain stalled. Novartis Korea applied then voluntarily withdrew the application for its interleukin (IL)-17A inhibitor Cosentyx (secukinumab) to extend its reimbursement
Company
Leclaza-Rybrevant combo rises as first-line treatment option
by
Moon, sung-ho
Mar 26, 2025 06:01am
The Leclaza-Rybrevant combination therapy, which has emerged as a standard treatment for lung cancer, is expected to be used in earnest in the domestic clinical market. This is because the larger hospitals have launched patient programs for the combination, based on results showing that the combination thearpy¡¯s progression-free survival (P
Company
Beijing Hanmi Pharm posts two-fold sales¡¤three-fold profit
by
Kim, Jin-Gu
Mar 26, 2025 06:00am
Beijing Hanmi Pharmaceutical, a local subsidiary of Hanmi Pharm in China, posted sales that approximately doubled over the past four years. The net income for the year increased more than threefold. Despite staggering performance last year, the company anticipated to be a temporary one. According to the Financial Supervisory Service on March
Company
'Onbevezy' holds the No.1 spot for the domestic mkt
by
Chon, Seung-Hyun
Mar 26, 2025 06:00am
Samsung Bioepis' anticancer agent Onbevezy climbed to hold the No.1 spot in domestic sales as the first domestically developed biosimilar. It has surpassed Remsima for the first time. The quarterly sales of Onbevezy and Remsima exceeded KRW 10 billion, each competing to hold the No.1 spot. According to the Financial Supervisory Service on Mar
Company
Will topical JAK inhibitors be launched?
by
Son, Hyung Min
Mar 25, 2025 05:57am
Topical formulation of Janus kinase (JAK) inhibitors with the substantial advantage of administration convenience is entering the market for atopic dermatitis. Unlike oral formulations, a topical drug formulation can be directly applied to the skin. Thus, it has significantly improved treatment convenience. To date, Incyte's Opzelura is the o
Company
Adempas¡¯s nears reimb nearly 10 years after approval
by
Eo, Yun-Ho
Mar 25, 2025 05:54am
The reimbursement of the pulmonary arterial hypertension drug 'Adempas' is near in Korea, 10 years after its approval. The National Health Insurance Service is currently negotiating with Bayer Korea for its Adempas (riociguat). However, the negotiations are expected to be concluded and the drug listed soon. The negotiations for Adempas
Company
HLB shares plummet upon 2nd FDA rejection of rivoceranib
by
Cha, Jihyun
Mar 25, 2025 05:54am
The shares of HLB Group affiliates plummeted as HLB's new drug for liver cancer failed to enter the US market again. The total market capitalization of HLB Group stocks evaporated by over KRW 3 trillion in a single day. However, this did not cause a simultaneous drop in domestic bio stocks. HLB Group's 10 listed affiliates evaporate by KR
Company
The first RSV vaccine 'Arexvy' to launch in May in Korea
by
Whang, byung-woo
Mar 25, 2025 05:54am
As the launching date of Arexvy, known as the first respiratory syncytial virus vaccine, has been announced, the company aims to challenge a market share. According to industry sources on March 22, GSK Korea has confirmed the launching date of the RSV-LRTD vaccine, Arexvy, as May. Arexvy received approval from the Ministry of Food and D
Company
'Xeljanz' reimbursed for juvenile idiopathic arthritis
by
Eo, Yun-Ho
Mar 24, 2025 05:52am
'Xeljanz' has become the first JAK inhibitor to be reimbursed for the treatment of juvenile idiopathic arthritis. The Ministry of Health and Welfare (MOHW) has recently announced on the administrative notification board regarding the 'The Criteria and Scope of National Health Insurance (Pharmaceuticals)' that the reimbursement criteria fo
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