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Policy
A government-ruling party, pay attention to Syntekabio
by
Lee, Jeong-Hwan
Oct 5, 2020 06:21am
As it is known that the drug efficacy of the new drug substance for COVID-19 being developed by Syntekabio is more than twice that of Remdesivir, a government-ruling party is paying attention to this. On the 28th, Lee Nak-yeon, leader of the Democratic Party and Representative Han Jeoung-ae (General Manager of the National Disaster Recov
Company
Choline alfoscerate coverage reduction order suspended again
by
Chon, Seung-Hyun
Oct 5, 2020 06:20am
The court has once again approved to halt the administrative order on the cognitive enhancer ¡®choline alfoscerate.¡¯ Previously, the court has decided to suspend the order until the final ruling of the litigation, but another litigation case added 30 days to the already-approved order suspension. According to the industry sources on
Policy
Pfizer Korea withdraws a lot of OTC products
by
Lee, Tak-Sun
Oct 5, 2020 06:20am
Pfizer Korea has withdrawn a large number of domestic OTC products. There are only three items left. According to the MFDS on the 28th, Pfizer Korea recently withdrew permission for seven items, including Stresstabs Plus and Caltrate plus. Accordingly, only three items left by Pfizer Korea were Minulet, Alesse, and Cofrel. Even this is no
Company
Merged BMS-Celgene to offer ERP after all
by
Eo, Yun-Ho
Oct 5, 2020 06:20am
Initially merged with almost no downsizing, Bristol-Myers Squibb (BMS) and Celgene have ultimately decided to slim down the organization in South Korea. According to the pharmaceutical industry sources, BMS Korea has recently decided to issue the Early Retirement Program (ERP) as a result of acquiring Celgene. The staff reduction wou
Policy
Bavencio, listed on next month at ₩1,226,243/bottle
by
Kim, Jung-Ju
Sep 29, 2020 06:21am
Bavencio (Avelumab) by Merck, used for the treatment of metastatic Merkel cell carcinoma, will be covered by insurance benefits at &8361;1,226,243 per bottle starting next month. Since it is an expensive drug, it will follow the RSA track, and will be listed as a refund type in which pharmaceutical companies reimburse a certain percent
Policy
Kwang Dong competes with Elyson for Nebivolol
by
Lee, Tak-Sun
Sep 29, 2020 06:21am
Kwang Dong is challenging the market by obtaining approval for all three high and low doses of the hypertension treatment 'Nebivolol HCl'. This is the second case that 3 doses have been approved since Elyson was approved. On the 28th, the MFDS approved Kwang Dong's Nebilet M 1.25mg, 2.5mg and 5mg. Nebilet M is a generic for Menarini's Nebile
Company
Ildong is accelerating the development of Lasmiditan
by
Kim, Jin-Gu
Sep 29, 2020 06:20am
Ildong is accelerating the development of a new class of migraine treatment 'Lasmiditan'. A large-scale phase III clinical trial is in progress, close to 300 as a bridged clinical trial, and it is confirmed that the registration of subjects has recently been completed. According to the pharmaceutical industry on the 25th, Ildong recent
Company
Korean rare disease drug Hunterase market share surges
by
An, Kyung-Jin
Sep 29, 2020 06:20am
Developed with South Korean-made rare disease treating technology, Hunterase (idursulfase-¥â) continues to top the market. The treatment¡¯s market share gap with Elaprase (idursulfase) that used to dominate the Hunter syndrome market has tripled as Hunterase maintains market share of over 70 percent. While the treatment is generating signifi
Opinion
[Reporter¡¯s view] Nikola and Korean Pharmaceutical Market
by
Kim, Jin-Gu
Sep 28, 2020 06:21am
Money flows into unsubstantiated expectations. Money begets money. The stock value jumped over the moon. Before long, It came to light. Stock prices plummeted, and investors fell into despair. It is a story about the American hydrogen truck company 'Nikola'. It was once called the second Tesla and received the attention of investors, but o
Company
Pfizer Korea launches Cresemba in Korea
by
Eo, Yun-Ho
Sep 28, 2020 06:20am
Pfizer Korea launched Cresemba (Isavuconazole), an invasive fungal infection treatment in Korea. Cresemba is an antifungal drug approved for the treatment of invasive aspergillosis in adults over 18 years of age and invasive mucormycosis, which is not suitable for administration of Amphotericin B in adults over 18 years of age, and obtain
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