- Company
- Anticancer drug 'Alecensa' expected to win nod
- by Eo, Yun-Ho Aug 12, 2024 05:55am
- The ALK anticancer drug Alecensa is anticipated to receive approval for an additional indication as an adjuvant therapy for treating lung cancer. Sources said that the review for indication approval by the Ministry of Food and Drug Safety (MFDS) is in its final stage for Alecensa (alectinib), Roche Korea's anaplastic Lymphoma Kinase (ALK
- Policy
- Reimb for Paxlovid still pending amid COVID-19 resurgence
- by Lee, Tak-Sun Aug 12, 2024 05:55am
- As the COVID-19 treatment supply becomes an ongoing issue amid a virus resurgence, clinical practices are frustrated by delayed reimbursement coverage of 'Paxlovid (nirmatrelvir&8231;ritonavir, Pfizer Korea).' The drug reimbursement application for Paxlovid was submitted to the Health Insurance Review and Assessment Service (HIRA) in ear
- Opinion
- [Column] On patent strategies post Amgen v. Sanofi dispute
- by Kim, Jin-Gu Aug 12, 2024 05:55am
- One of the most significant events that occurred in the bio-pharmaceutical sector in recent years was the ruling made on the Amgen vs. Sanofi patent dispute in the United States. In May last year, the U.S. Supreme Court issued its final ruling on the patent dispute between the two biotech giants. The case received special attention, as t
- Company
- Prevenar maintains lead in pneumococcal vaccine mkt
- by Hwang, Byung-woo Aug 12, 2024 05:54am
- The pneumococcal vaccine market, dominated by Pfizer's Prevenar 13, is now facing competition with the introduction of MSD's Vaxneuvance. The Q2 share report, which is the first report issued after Vaxneuvance’s introduction in April, showed that while Pfizer's Prevenar 13 sales remained strong, Vaxneuvance gained a larger share of the non-
- Company
- Rare disease drug Ilaris is reimbursed 9 yrs after approval
- by Hwang, Byung-woo Aug 11, 2024 04:46pm
- Expectations are rising in the field for the hereditary recurrent fever syndrome Ilaris (canakinumab), which was granted reimbursement 9 years after approval. As a treatment for an extremely rare disease with a small number of patients, its reimbursement is expected to address unmet needs in an area with no treatment option. However, due
- Company
- Yuhan acquires new drugs from biotech venture firms
- by Chon, Seung-Hyun Aug 9, 2024 05:34am
- Yuhan significantly increased its research and development (R&D) investment. Over the past five years since acquiring new drug technology from biotech venture companies, Yuhan's R&D investment size has reached its peak. This expansion of outward investment seems to be the company's outlook for securing a new portfolio. According to Yuhan on J
- Opinion
- [Reporter's View] Fostering Korea’s Pharma-Bio industry
- by Hwang, Byung-woo Aug 9, 2024 03:11am
- "Realistically speaking, it is not easy for the domestic pharmaceutical and bio industry to stand out in the global market. It's time we set a specific and clear direction and strategy." An industry expert with over 20 years of experience in pharmaceuticals in the U.S. who is currently serving as an advisor to government agencies in Korea
- Company
- SK Biopharmaceuticals records profit for 3 quarters
- by Kim, Jin-Gu Aug 9, 2024 02:55am
- SK Biopharmaceuticals succeeded in recording an operating profit for the third consecutive quarter. SK Biopharmaceuticals, which had been in the red for a long time until Q3 last year, has been in the black since Q4 last year. This is due to the strong performance of its epilepsy drug Xcopri (cenobamate) in the U.S. market. Xcopir’s
- Company
- Celltrion achieved highest ever sales in Q2
- by Hwang, Byung-woo Aug 8, 2024 03:37pm
- Celltrion has topped quarterly sales of KRW 800 billion the first in the company's history, driven by the successful sales of newly launched biosimilar product. According to Celltrion's consolidated income statement on August 7th, its sales this year amounted to KRW 874.7 billion, up 66.9% year over year (YOY). This figure is a record high in
- Company
- Revisions to the guidelines for atopic dermatitis treatment
- by Hwang, Byung-woo Aug 8, 2024 09:25am
- As the market for atopic dermatitis rapidly shifts due to the introduction of new drugs, domestic guidelines are being revised in nine years, and therapeutic guidelines are also changing. The guidelines now suggest a higher recommendation grade for treatments, including biological agents and JAK inhibitors, for use in patients with moderate-t
