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COVID-19 devastates outpatient prescription in April-May
by
Chon, Seung-Hyun
Jun 25, 2020 06:07am
Top pharmaceutical companies have been struggling with outpatient prescription sales for two consecutive months. The COVID-19 seems to have slowed down drug prescription for nine out of ten major pharmaceutical companies in last two months and impacted the overall prescription volume this year. On June 22, pharmaceutical market research firm
Policy
The addition of Lipiodol will end in next May
by
Kim, Jung-Ju
Jun 24, 2020 11:07am
Lipiodol (Iodized oil) was lowered by 30% due to the government's authority adjustment, and was confirmed until the end of the addition. This is because Fattiodol by Dongkook has been released. Anagre by Yuhan and Agrylin by Shire Plc have secured the same number of products, and the surplus, which has been retained since the end of the secon
Company
COVID-19's budget is being delayed in the National Assembly
by
Nho, Byung Chul
Jun 24, 2020 06:14am
With the global spread of COVID-19, vaccines and treatments are urgently needed, and the government's promised support budget plan is not in progress. Unlike the fast and full support in developed countries, there is concern that the support may be delayed and the golden time to overcome COVID-19 may be missed. As of the 23rd, 15 dome
Company
Penmix in trial to evade patent on fat dissolving Belkyra
by
Nho, Byung Chul
Jun 24, 2020 06:14am
An injection CDMO Penmix (CEO Park Dongkyu) succeeded in evading patent on Allergan¡¯s under-chin fat reducing injection Belkyra (desoxycholic acid). On June 19, Intellectual Property Trial and Appeal Board validated the negative confirmation of patent scope on Belkyra¡¯s desoxycholic acid and other pharmaceutical substance based on the
Policy
Promote to fast track bill for innovative companies
by
Lee, Jeong-Hwan
Jun 24, 2020 06:14am
Legislation is being put in place to give special cases of 'fast tracks' that speed up the approval and review process for new drugs developed by innovative pharmaceutical companies. The goal is to revitalize new drug development, grow innovation, and create jobs. On the 22nd, Ki Dongmin, a member of Democratic Party of Korea announced
Policy
Reimbursement cut on prescribing multiple low-dose Verzenio
by
Lee, Hye-Kyung
Jun 24, 2020 06:13am
The healthcare benefit would be cut for prescribing multiple unit of Lilly Korea¡¯s Verzenio 50 mg, instead of 100 mg or 150 mg doses. Both of Verzenio¡¯s low and high-dose tablets are priced at 49,587 won, and more reimbursement is paid out on prescribing two 50 mg tablets instead or one 100 mg tablet or prescribing three 50 mg tablets
Company
Patients with Ultracet don't get benefit for anticancer drug
by
Eo, Yun-Ho
Jun 23, 2020 06:21am
There have been cases that do not meet the intention of the original insurance benefit standard in the treatment of prostate cancer. Targeted anticancer drug options such as 'Zytiga (Abiraterone acetate)' and 'Xtandi (Enzalutamide)' currently exist in adult resistant castration resistant prostate cancer (mCRPC). Moreover, since last May, t
Policy
HIRA clarifies coverage standard of Imfinzi following CCRT
by
Lee, Hye-Kyung
Jun 23, 2020 06:21am
To receive healthcare reimbursement when using AstraZeneca¡¯s immunotherapy Imfinzi (durvalumab), a patient has to receive platinum-based concurrent chemoradiotherapy (CRT). Affected patients should be aware that the reimbursement benefit would not be provided for using Imfinzi after using sequential CRT or induction chemotherapy. K
Company
Immunotherapies tap on SCLC treatment area for more options
by
Eo, Yun-Ho
Jun 23, 2020 06:21am
One after another, immunotherapies are tapping into the unexplored small cell lung cancer (SCLC) treatment area. According to the pharmaceutical industry sources on June 20, AstraZeneca¡¯s Imfinzi (duvalumab), following Tecentriq (atezolizumab) by Roche, has been indicated as a first-line treatment for SCLC by Korea¡¯s Ministry of Food
Policy
Minister Choi said, COVID-19 treatment may come out
by
Lee, Jeong-Hwan
Jun 23, 2020 06:20am
Choi Kiyoung, Minister of Science and ICT, said that as soon as possible, COVID-19 treatment could be developed within two months. Minister Choi said that the development of treatments through the ¡®drug repositioning method¡¯ to discover the effect of COVID-19 treatment of already-approved drugs has been revealed, not through the approval
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