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Disadvantages of effective ADC anticancer drugs
by
Oct 10, 2023 05:27am
It has been shown that patient accessibility to antibody-drug conjugates (ADCs) introduced in Korea has been significantly reduced due to high non-reimbursed drug prices. The price of non-reimbursed Trodelvy, which was approved in Korea last May, is about 1.6 million won per vial. Converted into one cycle (21 days, 2 administrations), the cost i
Company
GSK¡¯s momelotinib receives orphan drug designation in KOR
by
Eo, Yun-Ho
Oct 10, 2023 05:26am
The new myelofibrosis drug momelotinib has been designated as an orphan drug in Korea. The Ministry of Food and Drug Safety announced so through an orphan drug designation notice issued on the 6th. Momelotinib is a treatment for myelofibrosis that blocks the major signaling pathways for JAK1, JAK2, and activin A receptor type 1 (ACVR1)
Company
Hemgenix receives orphan drug designation in KOR
by
Eo, Yun-Ho
Oct 10, 2023 05:26am
The one-shot gene therapy for hemophilia, Hemgenix, has been designated as an orphan drug in Korea. On the 6th, the Ministry of Food and Drug Safety announced so through an orphan drug designation notice. Hemgenix (etranacogene dezaparvovec-drlb), which is the first and only one-time gene therapy approved for the treatment of adults li
Policy
Will Leclaza also begin drug price negotiations soon?
by
Lee, Tak-Sun
Oct 10, 2023 05:26am
The expansion of reimbursement for Leclaza, a third-generation EGFR TKI non-small cell lung cancer treatment developed by Yuhan Corporation, as a first-line treatment will be discussed at the HIRA Pharmaceutical Reimbursement Evaluation Committee on the 12th. If the Pharmaceutical Reimbursement Evaluation Committee recognizes the adequacy of
Company
Dongkook succeeds P3T for its BPH combination drug
by
Chon, Seung-Hyun
Oct 6, 2023 05:37am
On September 25th, Dongkook Pharmaceutical announced that it had confirmed the safety and efficacy of its incrementally modified combination drug for benign prostatic hyperplasia (BPH), ¡®DKF-313,¡¯ through a Phase III trial. Based on the positive results, Dongkook Pharmaceutical plans to complete the Phase III trial result report within the
Policy
Pfizer applies for reimb of its COVID-19 Tx Paxlovid
by
Lee, Tak-Sun
Oct 6, 2023 05:36am
Pfizer applied for the reimbursement of its COVID-19 treatment 'Paxlovid' in Korea. With the government planning to end the current free support system for COVID-19 treatments in the 1H next year, the company has begun the process of applying for reimbursement accordingly. According to the industry on the 5th, Pfizer Korea recently s
Product
Investigation into companies refusing to supply animal med.
by
Kim JiEun
Oct 6, 2023 05:36am
The Korean Pharmaceutical Association (Chairman Choi Kwang-hoon) took out its sword against pharmaceutical companies that refused to supply veterinary medicines to pharmacies. Kang Byeong-gu, director of animal medicine at the Korean Pharmaceutical Association, appeared at Seoul Namdaemun Police Station as a complainant on September 26 and
Policy
Reducing criminal liability for essential healthcare
by
Lee, Jeong-Hwan
Oct 6, 2023 05:36am
The ruling party proposed legislation to reduce criminal liability for doctors embroiled in medical malpractice suits while providing essential health services, and for the state and local governments to support and foster essential healthcare personnel. The legislation is in line with the Yoon Suk Yeol administration's policies to streng
Company
SCD accelerates EU approval of Eylea biosimilar
by
Nho, Byung Chul
Oct 5, 2023 05:27am
SCD announced on the 4th that it had decided to proceed with final negotiations after receiving confirmation of the details of the due diligence conducted for three days from September 6th to 8th by the Eylea biosimilar European partner company. Inspectors designated by the European partner company visited the SCD Eylea biosimilar CMO pro
Company
New drugs only account for 8.5% of all drug spending in KOR
by
Eo, Yun-Ho
Oct 5, 2023 05:27am
A study revealed that the expenditures spent on new drugs account for only 8.5% of Korea's total drug cost. On the 4th, the Korean Research-based Pharmaceutical Industry Association (KRPIA) released the results of 'A study on the analysis and rationalization of drug expenditures for new drugs in Korea' conducted by Professor Jong-Hyuk Lee
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