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Generics of ¡®Opsumit¡¯ face tough competition in KOR
by
Kim, Jin-Gu
Mar 4, 2024 05:52am
In the market for the treatment of pulmonary arterial hypertension (PAH) with the active ingredient macitentan, the period of priority of sale given to the first generic drugs is set to expire on the first of next month. While Janssen¡¯s ¡®Opsumit¡¯ competes with Samjin Pharm¡¯s ¡®Masiten¡¯ in the market, Daewoong Pharmaceutical¡¯s newly l
Company
Bayer releases 2 new CVD drugs with reimb in KOR
by
Eo, Yun-Ho
Mar 4, 2024 05:52am
Bayer Korea, which has been slow to launch new drugs, is making a comeback, recently succeeding in reimbursing two of its cardiovascular drugs in Korea. According to industry sources, Bayer Korea launched its heart failure drug ¡®Verquvo (vericiguat)¡¯ with reimbursement on September 1 last year and its kidney disease drug ¡®Kerendia (finere
Company
Hanmi Pharm ¡®confirms the effect of SERM+Vitamin D combo¡¯
by
Son, Hyung-Min
Feb 29, 2024 06:03am
Hanmi Pharmaceutical announced on the 27th that the results of big data-based research on 'SERM+Vitamin D combination drugs', including its own ¡®RaboneD¡¯, were published in the SCI-level international journal, 'Osteoporosis International'. RaboneD is an osteoporosis treatment developed by Hanmi Pharmaceutical that combines vitamin D
Company
Roche Korea appoints Ezat Azem as new CEO
by
Eo, Yun-Ho
Feb 29, 2024 06:03am
Roche Korea is welcoming its new CEO, who will take up the position after a two-month vacancy. According to an interview, Roche Korea recently appointed Ezat Azem as new CEO. Before his appointment in Korea, Ezat Azem was a General Manager in Roche¡¯s Greece subsidiary. Ezat Azem joined Roche¡¯s Israel subsidiary in 1997 and worked
Company
K-Bio¡¯s potential rises in targeted anticancer therapy
by
Son, Hyung-Min
Feb 29, 2024 06:03am
The achievements made by the pharmaceutical and bio-industry companies in Korea in developing targeted antitumor therapies are being introduced at academic conferences overseas. iLeadBMS and PharosiBio have announced positive preclinical study results, and have received the green light to enter main clinical trials. The ESMO Targeted Anticanc
Company
Saxenda and Qsymia take up 57% of the obesity market share
by
Chon, Seung-Hyun
Feb 28, 2024 10:35am
Last year, Korea¡¯s obesity drug market size reached its largest size in history. It broke the record in 2019, and since then, the market size expanded for five consecutive years. Saxenda and Qsymia account for 60 % of the total market share. Meanwhile, sales of previous obesity drugs, such as psychotropic drugs, are declining, further polarizin
Company
KRPIA appoints Sanofi CEO Kay Bae as new chair
by
Feb 28, 2024 05:50am
The Korean Research-based Pharmaceutical Industry Association (KRPIA) announced on the 23rd that it has appointed Kay Bae (Bae Kyung-eun), Country Lead of Sanofi-Aventis Korea, as the 15th chair of KRPIA. Bae served on the KRPIA board of directors in September 2013, and she has been a member of the vice-chair body, contributing to the g
Company
Immuno-oncology market triples in 4 years
by
Son, Hyung-Min
Feb 28, 2024 05:50am
Sales in the immuno-oncology market surpassed KRW 700 billion last year, driven by the surge in sales of Keytruda and Opdivo. The market has more than tripled in size over the past 4 years. Keytruda and Opdivo together accounted for 72.4% of the market and generated more than KRW 500 billion in sales. The market¡¯s prospects are also bright with
Company
Will the first oHCM drug Camzyos be reimbursed in Korea?
by
Eo, Yun-Ho
Feb 28, 2024 05:50am
The industry¡¯s eyes are focused on the reimbursement review progress of Camzyos, the first treatment for obstructive hypertrophic cardiomyopathy. Dailypharm¡¯s coverage found that the pharmacoeconomic evaluations for Camzyos(mavacamten), BMS Pharmaceutical Korea's new drug for obstructive hypertrophic cardiomyopathy (oHCM), is now comple
Company
Samsung Bioepis confirms efficacy of its Eylea biosimilar
by
Nho, Byung Chul
Feb 27, 2024 05:45am
Samsung Bioepis (CEO Hansung Ko) announced today that the company had presented the follow-up results from its Phase III clinical trial on SB15 (Korean brand name: Afilivu/Eylea biosimilar/Aflibercept) at the Annual Asia-Pacific Academy of Ophthalmology (APAO) Congress that was held in Indonesia from the 22nd to the 25th this month, SB1
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