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2025-06-16 06:22
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"U.S. MFN drug policy will impact KOR's new drug companies"
by
Kim, Jin-Gu
Jun 4, 2025 06:17am
Analysis suggests that the Korean pharmaceutical and biotech industry may be significantly impacted if the U.S. government institutes a 'most-favored-nation (MFN)' policy on drug prices. Sejin Lee, CEO of Acadia Pharmaceuticals, presented the potential impact of U.S. drug price policy changes on the Korean pharmaceutical industry during the '
Opinion
[Reporter's View] Biotech policy must be consistent
by
Jun 4, 2025 06:17am
What's the most critical factor in corporate management? It's challenging to pinpoint whether it's capital, talent, or technology. However, for all these elements to function, a prerequisite must be established: predictability. A company must be able to foresee the future to invest and endure risks to recruit and conduct R&D. South Korea
Company
Multiple myeloma drug Elrexfio seeks reimb again in KOR
by
Eo, Yun-Ho
Jun 2, 2025 05:51am
The new multiple myeloma drug Elrexfio is again seeking insurance reimbursement coverage in Korea. Pfizer Korea recently submitted a reimbursement application for Elrexfio (elranatamab) and is aiming to receive the Health Insurance Review and Assessment Service's Cancer Disease Deliberation Committee review. Following its rejection by
Company
Vocabria+Rekambys for HIV lands in more hospitals in KOR
by
Eo, Yun-Ho
Jun 2, 2025 05:51am
More general hospitals are securing prescriptions for the long-acting HIV treatment combination therapy Vocabria+Rekambys. According to industry sources, the combination therapy of GSK Korea¡¯s Vocabria (cabotegravir) and Janssen Korea¡¯s Rekambys (rilpivirine) has recently been approved by the drug committees (DCs) of several major hospi
Company
Samsung Bioepis¡¯ Xgeva biosimilar approved in KOR
by
Chon, Seung-Hyun
Jun 2, 2025 05:50am
Samsung Bioepis announced on the 30th that it has received approval from the Ministry of Food and Drug Safety for its biosimilar Xbryk, a bone disease treatment. Xbryk, which contains denosumab, is used to prevent skeletal complications in cancer patients and treat tumor diseases such as giant cell tumor of bone. Prolia, which contains t
Company
Janssen attempts Darzalex¡¯s reimb for AL amyloidosis in KOR
by
Eo, Yun-Ho
May 30, 2025 05:58am
Darzalex, which has been expanding its insurance coverage to multiple myeloma, is now seeking to receive reimbursement for amyloidosis in Korea. According to Dailypharm coverage, Janssen Korea recently applied for reimbursement expansion of Darzalex SC (daratumumab) in combination with cyclophosphamide, bortezomib, and dexamethasone (CyBo
Policy
Unveiling pledges of 2021 presidential election candidates
by
Lee, Jeong-Hwan
May 30, 2025 05:58am
Ahead of South Korea's 21st presidential election, two candidates from main political parties have unveiled their key election pledges in the areas of public healthcare¡¤biopharma¡¤national healthcare insurance. Lee Jae-myung (Candidate No.1), the presidential candidate of the Democratic Party of Korea, and Kim Moon-soo (Candidate No.2), t
Policy
Novo Nordisk applies for Wegovy¡¯s use in adolescents
by
Lee, Hye-Kyung
May 30, 2025 05:58am
With Novo Nordisk Korea applying for approval of Wegovy¡¯s use in adolescents aged 12 and older, the Ministry of Food and Drug Safety is planning strengthened measures to prevent its misuse and abuse. Wegovy is a glucagon-like peptide-1 (GLP-1) class obesity treatment that was launched in Korea in October last year. The drug has surpassed
Policy
Partial reimb for anticancer drug combos to be postponed
by
Lee, Tak-Sun
May 30, 2025 05:57am
The announcement of drugs eligible for partial reimbursement as anticancer drug combination therapy, which is currently in effect as of this month, is expected to be delayed until after June 1. Initially, the Health Insurance Review and Assessment Service's Cancer Disease Deliberation Committee (CDDC) which convened on the 14th, planne
Opinion
[Reporter's View] Addressing drug shortage, healthcare
by
Lee, Jeong-Hwan
May 30, 2025 05:57am
Ahead of Korea's early presidential election, scheduled for June 3, leading candidates have prioritized pledges to strengthen government support for essential medicines¡¤address drug shortages. Lee Jae-myung, the candidate for the Democratic Party of Korea, included the resolution of a supply shortage of essential medicines in his top 10
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