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Will combination therapies for cancer be reimbursed in KOR?
by
Whang, byung-woo
Oct 21, 2024 05:49am
As the government has begun to prepare the principles for the reimbursement review of combination therapies that use new anticancer drugs, attention is being paid to whether the discussion will progress further. According to industry sources, the Health Insurance Review and Assessment Service recently held a Cancer Disease Deliberation C
Policy
2nd GIFT drug Nefecon¡¯s approval imminent in Korea
by
Lee, Hye-Kyung
Oct 21, 2024 05:48am
Meditip's Nefecon (budesonide), which was designated as the 2nd Global Innovative Products on Fast Track (GIFT) drug last year, is close to receiving approval in Korea. According to industry sources on the 21st, the Ministry of Food and Drug Safety recently completed the safety and efficacy review for Nefecon. The completion of the safety
Company
Therapeutic device 'improves OS for lung cancer patients'
by
Son, Hyung Min
Oct 21, 2024 05:48am
The first therapeutic device has been approved for use in non-small cell lung cancer (NSCLC). Novocure's therapeutic device, in combination with an NSCLC medication, demonstrated to improve patients' overall survival and won the approval of the U.S. regulatory authority. In South Korea, Nu Eyne is researching the potential of oncology therapeuti
Company
Oxlumo receives orphan drug designation in Korea
by
Eo, Yun-Ho
Oct 21, 2024 05:48am
The primary hyperoxaluria treatment Oxlumo received orphan drug designation in Korea. The Ministry of Food and Drug Safety (MFDS) recently announced the designation through an orphan drug designation notice. Oxlumo (lumasiran) was also recently designated a Global Innovative products on Fast Track (GIFT) by the MFDS. The drug is an
Company
RNAi therapeutic 'Givlaari' receives the ODD in KOR
by
Eo, Yun-Ho
Oct 21, 2024 05:48am
RNAi therapeutic 'Givlaari' has been designated as an orphan drug following its designation as the GIFT. The Ministry of Food and Drug Safety (MFDS) recently announced this through the posting of the Orphan Drug Designation (ODD). Givlaari (givosiran) had previously been designated as the 'Global Innovative products on Fast Track (GIF
Policy
How to stabilize supply of national essential medicines
by
Lee, Hye-Kyung
Oct 18, 2024 05:49am
While prescribing drugs by ingredient name and introducing international nonproprietary names (INNs) are being discussed as measures to stabilize the supply of drugs, voices have emerged calling for a system that allows the use of the same ingredient drugs as nationally essential medicines. The issue of stabilizing the supply of not only
Policy
'Can the Yoon administration develop blockbuster drugs?'
by
Lee, Jeong-Hwan
Oct 18, 2024 05:49am
Criticism has been raised that the government's policy to create global blockbuster drugs is not working and has a dark future. It has been pointed out that the difficulty in raising funds to support the R&D costs for pharmaceutical and biotech companies and ventures is causing financial difficulties for bioventures, and that expert hu
Company
Bladder cancer drug Balversa offers new treatment option
by
Whang, byung-woo
Oct 18, 2024 05:49am
The introduction of the targeted therapy Balversa (erdafitinib) in urothelial carcinoma has attracted attention for its potential to address unmet needs. In particular, the emergence of FGFR inhibitors has highlighted the importance of genetic mutation diagnostics to quickly detect the presence of such mutations. Inho Kim, professor o
Company
'Vorasidenib' receives Orphan Drug Designation in KOR
by
Eo, Yun-Ho
Oct 18, 2024 05:49am
'Vorasidenib,' an anticancer drug targeting brain cancer, has been designated an orphan drug in South Korea. The Ministry of Food and Drug Safety (MFDS) announced this on October 8th through the Orphan Drug Designation (ODD) notice. Vorasidenib is an orally administered dual inhibitor of isocitrate dehydrogenase (IDH) 1/2 that selectiv
Company
Will blockbuster contraception Mercilon find a new provider?
by
Nho, Byung Chul
Oct 18, 2024 05:49am
As Alvogen Korea and Chong Kun Dang's co-promotion contracts for oral birth control pills are set to expire, many pharmaceutical¡¤distributors are sending love calls. Sources said that distributors, including pharmaceutical companies with strength in over-the-counter drug sales, have visited Alvogen Korea and Chong Kun Dang to weigh co
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