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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
Policy
Will the novel anticancer drug Enhertu be reimb in April?
by
Lee, Tak-Sun
Mar 4, 2024 05:52am
After going through two Cancer Disease Deliberation Committee meetings and two Drug Reimbursement Evaluation Committee meetings, the anticancer drug ¡®Enhertu¡¯ has finally started drug pricing negotiations with the National Health Insurance Service. As the drug has passed drug evaluations after repeated revisions, the negotiations are ex
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
Product
NA Opp party in unison say ¡®it's time for INN prescribing'
by
Kim JiEun
Feb 29, 2024 06:03am
Opposition lawmakers unanimously voiced the need to introduce International Nonproprietary Names (INN) prescribing and the resolution of the unstable drug supply and demand. The National Assembly representatives who attended the 70th Regular General Assembly of the Korean Pharmaceutical Association Delegates that was held at The K Hotel in Se
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
Policy
Patients bear 100% of Imfinzi cost for biliary tract cancer
by
Lee, Tak-Sun
Feb 28, 2024 05:50am
Reimbursement standards have been prepared for the use of combination therapy in biliary tract cancer in Korea. However, in consideration of health insurance finances, patients are required to the full cost of the high-priced immuno-oncology drugs. The Health Insurance Review and Assessment Service recently added the combination of immun
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
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