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Pharmaceuticals are focusing on domestic actions for NDMA
by
Chon, Seung-Hyun
Feb 6, 2020 06:30am
Investigations have shown that Metformin's impurity content is safe in the US and EU. In Korea, the Ministry of Food and Drug Safety has also begun inspections after deriving the test method. The US Food and Drug Administration (FDA) announced on the website that some of the Metformin products sold under the FDA approval and carcinogenic subs
Company
HIV drug as alternative treatment for new coronavirus?
by
Nho, Byung Chul
Feb 6, 2020 06:30am
In the midst of the novel coronavirus outbreak, a few countries are using HIV medication as an alternative treatment. 48 hours after receiving HIV drug, a confirmed patient with initial symptoms in China and a 40-year-old female patient in Thailand have been tested negative for the novel coronavirus. In Korea, the 14th patient has been r
Company
Global companies work from home due to outbreak
by
Kim, Jin-Gu
Feb 6, 2020 06:29am
Impact of the novel coronavirus is spreading through the Korean pharmaceutical industry. Currently, at least nine pharmaceutical companies have been confirmed to work from home and the number is increasing. The industry reported on Feb. 3, Pfizer Korea, Novartis Korea, MSD Korea, AstraZeneca Korea, Bristol-Myers Squibb Korea, Sanofi-
Company
Boryeong Holdings establishes a US subsidiary
by
An, Kyung-Jin
Feb 6, 2020 06:29am
Boryeong Holdings announced on January 22 that it established a local corporation in San Francisco, USA and officially started business. The local corporation name is ¡®HAYAN HEALTH NETWORKS¡¯, and Sung-won Choi, currently the executive director of the global business headquarters of Boryung Pharmaceutical, will be the first director. Bory
Company
Targeted therapy and immunotherapy as new TNBC options
by
Eo, Yun-Ho
Feb 5, 2020 05:59am
Sources say one of highly unmet medical need, triple negative breast cancer, now has two more treatment options. The pharmaceutical industry reported on Feb. 5 that AstraZeneca¡¯s targeted therapy Lynparza (olaparib) and Roche¡¯s immunotherapy Tecentriq (atezolizumab) respectively received new indication in last October and January, to
Company
Lazertinib by Yuhan launches global phase III clinical trial
by
An, Kyung-Jin
Feb 5, 2020 05:59am
Global Phase III clinical trial of anticancer drug candidate 'Lazertinib' by Yuhan is in full swing. On the 3rd, Yuhan Corporation announced that it will hold an initiation meeting for each institution after receiving the Lazertinib phase III clinical trial approval (IND) from the MFDS in December last year, and will soon begin recrui
Company
Last to join HCV treatment game Mavyret tops in 1 year
by
Kim, Jin-Gu
Feb 5, 2020 05:59am
Taking up 81 percent of the market share, Mavyret has been prominently leading the hepatitis C treatment market making 40.3 billion won last year. However, the prescription volume fell for two consecutive quarters due to reduced number of patients. Pharmaceutical market research firm UBIST on Feb. 3 said eight of direct-acting antiviral
Policy
Illegal botulinum toxin dealing salesmen sent to prosecutor
by
Lee, Tak-Sun
Feb 5, 2020 05:58am
A couple of salespeople from a pharmaceutical company were caught red-handed illegally supplying botulinum toxin injections, used to reduced wrinkles, to unlicensed vendors. Korea¡¯s Ministry of Food and Drug Safety (MFDS, Minister Lee Eui-kyung) announced on Jan. 3, it sent two salesmen, aged 44 and 40, and four unlicensed brokers to pro
Policy
The KOEDC, real-time check on 2019-nCoV treatment
by
Lee, Jeong-Hwan
Feb 5, 2020 05:58am
The KOEDC (President Young-mi Yoon) said it is checking the overseas status of alternative treatment candidates such as antiviral agents in real time in order to cope with a 2019-nCoV infection known to have no treatment. As the agency is in charge of domestic supply and demand of rare medicines worldwide, it is intended to support the rap
Company
Heated argument over Botulinum lawsuit in USA is expected
by
Kim, Jin-Gu
Feb 5, 2020 05:58am
A trial of the controversial botulinum toxin strain between Medytox and Daewoong Pharmaceutical began in the United States. According to the pharmaceutical industry, the US International Trade Commission (ITC) entered a trial on the 4th of the case against Daewoong Pharmaceutical and Medytox. The trial lasts four days until the 7th. The
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