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2025-05-03 04:38
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K-biopharma starts trials with bispecific antibodies
by
Son, Hyung-Min
Feb 27, 2024 05:45am
Major global pharmaceutical companies have accomplished successful marketing of bispecific antibodies. Now, the Korean biopharmaceutical industry is also joining this challenge. Current bispecific antibodies include Roche¡¯s Lunsumio and Columvi, Abbvie¡¯s Epkinly, and Janssen¡¯s Tecvayli. Korean companies are planning to evaluate the possibilit
Company
Reimbursement for novel CMV drug Livtencity imminent in KOR
by
Eo, Yun-Ho
Feb 27, 2024 05:45am
The novel cytomegalovirus drug Livtencity will soon receive reimbursement in Korea. According to industry sources, Takeda Pharmaceutical Company of Korea recently completed drug pricing negotiations with the National Health Insurance Service for its cytomegalovirus (CMV) drug Livtencity (maribavir). The drug is expected to be approved in
Company
Shingrix leads shingles vaccine mkt¡¦occupies 44% of mkt
by
Chon, Seung-Hyun
Feb 26, 2024 05:24am
The new shingles vaccine, Shingrix, has risen to lead the market in its first year of sales. It quickly gained 44% of the market share with its strong shingles prevention effect despite its high price. Since the addition of Shingrix, the market has doubled in size. According to the drug research institution IQVIA, the shingles vaccine market
Company
Samsung Bioepis¡¯s Eylea biosimilar Afilivu approved in KOR
by
Son, Hyung-Min
Feb 26, 2024 05:24am
Samsung Bioepis announced on the 23rd that it has obtained domestic approval for its Eylea biosimilar ¡®Afilivu.¡¯ The approval marks the 2nd ophthalmic disease treatment Samsung Bioepis has received approval for after being granted approval for its Lucentis biosimilar Amelivu. Eylea is a macular degeneration treatment developed by the m
Company
Eylea continues to lead AMD mkt despite new competition
by
Son, Hyung-Min
Feb 26, 2024 05:24am
The entry of new drugs in the macular degeneration treatment market made little impact on Eylea¡¯s sales. Eylea continued to top the macular degeneration treatment market last year, posting sales of KRW 96.7 billion. The Eylea biosimilars Vabysmo and Lucentis, which were released last year, have shown little presence in the market yet.
Company
Kay Bae appointed as KRPIA chair, also overseeing NZ, AUS
by
Eo, Yun-Ho
Feb 26, 2024 05:24am
Kay Bae (53), Sanofi-Aventis Korea Country Lead, literally has become the ¡®center¡¯ of the pharmaceutical company. Bae, who was recently appointed as a Country Lead to manage subsidiaries including Korea, New Zealand, and Australia of the Sanofi Group, is appointed as a new Chair of the Korean Research-based Pharmaceutical Industry Ass
Company
New Alzheimer¡¯s drug Leqembi closer to drug marketing
by
Eo, Yun-Ho
Feb 26, 2024 05:24am
A new Alzheimer¡¯s treatment ¡®Leqembi¡¯ is expected to receive approval for marketing in Korea. The Ministry of Food and Drug Safety (MFDS) is conducting a final assessment of Leqembi (lecanemab), a drug jointly developed by Eisai and Biogen, for marketing approval. Leqembi¡¯s application for approval was submitted last year, indicati
Company
Alecensa prepares to solidify its lead in lung cancer mkt
by
Son, Hyung-Min
Feb 23, 2024 05:49am
Alecensa is showing a strong position in the targeted therapy market for ALK-positive lung cancer in Korea. Last year, Alecensa generated KRW 34.9 billion in sales, far outpacing the runner-up, Takeda Alunbrig's KRW 13.6 billion. As the only ALK-targeted therapy that has demonstrated efficacy in early-stage lung cancer, Alecensa is likely to con
Company
Alteogen expands license agreement with MSD
by
Kim, Jin-Gu
Feb 23, 2024 05:49am
Alteogen officially announced on the 22nd that it will receive an additional USD 20 million (approximately KRW 26.7 billion) from the multinational pharmaceutical giant MSD under the terms of their modified agreement. In June 2020, Alteogen signed a non-exclusive licensing agreement with MSD for its proprietary human hyaluronidase technol
Company
2 ADC drugs being discussed for reimb after Enhertu
by
Eo, Yun-Ho
Feb 23, 2024 05:49am
The two next-generation ADC drugs following ¡®Enhertu¡¯ draw attention as they are currently being considered reimbursement listing in South Korea. Gilead Science Korea¡¯s Trodelvy (Sacituzumab govitecan), used to treat triple-negative breast cancer (TNBC), and Astellas Pharma Korea¡¯s Padcev (enfortumab vedotin), used to treat bladder
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