- Company
- Companies show mixed responses to patent term limitation law
- by Kim, Jin-Gu Dec 30, 2024 05:57am
- A bill to amend the Patent Act to limit the patent period for new drugs has passed the plenary session of the National Assembly. The amendment will limit the upper limit of the remaining patent term to a maximum of 14 years from the time a new drug is approved and allow only one of several patents registered for a single drug to be extended.
- Company
- Generic drugs mkt heat up as GLP-1 obesity meds demand soar
- by Son, Hyung Min Dec 30, 2024 05:57am
- It has been reported that not only new drugs but also generics have joined the competition in the market for glucagon-like peptide-1 (GLP-1)- containing treatment for diabetes and obesity. In the United States, generic versions of liraglutide, which is an active ingredient of the diabetes obesity·treatments Victoza·Saxenda that are GLP-1 recep
- Policy
- Movizolo Tab subject to drug shortage prevention program
- by Lee, Tak-Sun Dec 27, 2024 05:56am
- Pharmbio Korea’s Movizolo Tab, a prucalopride succinate-based drug used to treat chronic constipation, will be designated as a drug shortage prevention drug, resulting in an increase in drug price. Until now, prucalopride-based drugs have faced supply challenges due to low drug prices. According to industry sources on January 26, Ph
- Product
- Price of Pulmican, Pulmicort, Tantum Sol to be raised in Jan
- by Kang Hye-Kyung Dec 27, 2024 05:56am
- As of January 1 next year, items including Pulmican, Pulmicort, and Tantum Sol which are set to receive price hikes, will demand the pharmacists' attention. According to a notice from the Ministry of Health and Welfare on the 24th, the price of ▲ Whanin Imipramine HCl Tab 25mg ▲ Lithan Tab ▲ Myungin Lithium Carbonate Tab ▲ Myungin Lithium
- Company
- First RSV vaccine Arexvy Inj lands in Korea
- by Whang, byung-woo Dec 27, 2024 05:56am
- Arexvy, GSK's global sales driver as a No. 1 adult RSV vaccine, is set to launch in Korea. GSK Korea's Respiratory Syncytial Virus (RSV) vaccine Arexvy was recently approved by the Ministry of Food and Drug Safety (MFDS) for the prevention of lower respiratory tract disease (LRTD) caused by RSV in adults aged 60 years and older. After
- Policy
- "Viread generic have saved KRW 400B in drug cost over 9 yrs"
- by Lee, Hye-Kyung Dec 27, 2024 05:56am
- It has been reported that market entries of 84 generics, which obtained priority marketing authorization, for 12 pharmaceuticals listed between 2015 and 2023 have saved medication costs of KRW 804.2 billion. Specifically, it lowered the listed pharmaceutical costs by KRW 536.3 billion and saved through drug substitution by KRW 267.9 billion,
- Policy
- Generic verision of Citus Tab will be reimb-listed next mo.
- by Lee, Tak-Sun Dec 27, 2024 05:55am
- The generic version of 'Citus Tab,' SAMA Pharm's treatment for respiratory asthma and allergic rhinitis, will be reimbursement listed in January 2025 for the first time. Four pharmaceutical companies, including Dasan Pharmaceutical, are set to enter the market early through patent avoidance. According to industry sources on December 26
- Company
- SK Bioscience and Sanofi sign contract to co-develop
- by Cha, Jihyun Dec 26, 2024 05:51am
- SK Bioscience has extended the scope of vaccine development in collaboration with the global pharmaceutical company Sanofi. The company aims to advance the pneumococcal conjugate vaccine currently being developed to the next-generation vaccine. SK Bioscience and Sanofi announced on December 23 that they have signed an agreement to co-deve
- Company
- Daiichi Sankyo to build manufacturing facilities in China
- by Kim, Jin-Gu Dec 26, 2024 05:50am
- Daiichi Sankyo will build a manufacturing facility in China for its ADC (antibody-drug conjugate) anticancer drug Enhertu. The plant, which will be built in Shanghai, is scheduled to be completed in 2030, and its products will be supplied to China. According to KoreaBIO, Daiichi Sankyo recently announced plans to build a manufacturing fac
- InterView
- "Reimb granted to drug switching between JAK inhibitors"
- by Son, Hyung Min Dec 26, 2024 05:50am
- "Until now, drug switching between JAK inhibitors has not been reimbursed, so there have been unmet patient needs for rheumatoid arthritis patients who do not benefit from conventional biological agents. As reimbursement for drug switching will be granted starting in December, patients will be less burdened by switching from biological agent
