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2025-05-01 13:50
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Company
ABL licenses out its tech to big pharmas worth ₩350B
by
Cha, Jihyun
Apr 8, 2025 05:57am
ABL Bio has signed a licensing-out agreement worth KRW 70 billion in advance payments (upfront). This is the company's 7th licensing-out agreement and its first platform deal. Including this contract, the cumulative technology fee ABL Bio earned through technology exports is close to KRW 350 billion. According to the Financial Supervisory
Company
ZP Therapeutics appoints Junghun Kim as new head
by
Eo, Yun-Ho
Apr 8, 2025 05:57am
The head of ZP&160;Therapeutics has been replaced after about 3 months. According to industry sources, Zuellig Pharma Korea recently appointed Junghun Kim (50), former Country Manager of Takeda Pharmaceutical Malaysia and Singapore, as the new General Manager of its commercial division, ZP Therapeutics. Hyunjoo Lee (48), the former CE
Opinion
[Reporter's View] Why clinical outcomes require deliberation
by
Son, Hyung Min
Apr 8, 2025 05:57am
Even small differences in clinical outcomes can be highly meaningful. Especially for refractory diseases. Recent top&8208;line results from Compass Therapeutics¡¯ Phase 2/3 COMPANION-002 trial for cholangiocarcinoma have sparked considerable debate within the industry. According to Compass Therapeutics, the treatment of bispecific ant
Policy
Health and Welfare Committee meeting may not be held in APR
by
Lee, Jeong-Hwan
Apr 8, 2025 05:57am
The Constitutional Court sentenced former President Suk Yeol Yoon to dismissal at 11:22 a.m. on the 4th, setting the stage for an early presidential election. The election date must be announced by Acting President Duck-Soo Han within 10 days of the president's impeachment. This means that the date of the early presidential election will
Policy
Pemzayre, high-priced drug post-management system candidate
by
Lee, Tak-Sun
Apr 8, 2025 05:56am
'Pemzayre Tab,' Handok's bile duct cancer (cholangiocarcinoma) treatment, is expected to be subjected to the post-management system for high-priced drugs. Pemzayre Tab is likely to be added to the reimbursement list in May. Consequently, a submission system for evaluating treatment outcomes as part of the post-management evaluation will b
Company
China's mAb 'Hetronifly' secures orphan drug designation
by
Eo, Yun-Ho
Apr 7, 2025 05:51am
China-made immune checkpoint inhibitor has been designated as an orphan drug in South Korea. The Ministry of Food and Drug Safety (MFDS) recently announced on a notification board that it has granted Shanghai Henlius Biotech's 'Hetronifly (serplulima)' an orphan drug designation (ODD). The drug is indicated for 'use in combination with
Company
AbbVie Korea sales up twofold in two years
by
Son, Hyung Min
Apr 7, 2025 05:51am
With its new drugs for immune diseases, AbbVie Korea's sales have reportedly increased twofold in two years. AbbVie Korea is successfully transitioning generational changes for Humira follow-up of new drugs, including Skyrizi and Rinvoq. According to the Financial Supervisory Service on April 4, AbbVie recorded KRW 308.9 billion last year, up
Company
GPP drug Spevigo can be prescribed in general hospitals
by
Eo, Yun-Ho
Apr 7, 2025 05:51am
'Spevigo', a treatment for Generalized Pustular Psoriasis (GPP), may now be prescribed in general hospitals in Korea. According to industry sources, the new drug for generalized pustular psoriasis (GPP) from Boehringer Ingelheim Korea, Spevigo (spesolimab), has recently passed the Drug Committee (DC) of the Seoul National University Hospi
Policy
Bylvay to be redeliberated for reimbursement in Korea
by
Lee, Tak-Sun
Apr 7, 2025 05:51am
Ipsen Korea¡¯s Bylvay Cap, which has been undergoing an accelerated listing process as the first drug included in the pilot project for the parallel operation of the approval-benefit evaluation-drug price negotiation system, has failed to receive recognition as being eligible for reimbursement by the Drug Reimbursement Evaluation Committee (DREC
Policy
Gov¡¯t works to stop the shortage of essential drugs
by
Lee, Jeong-Hwan
Apr 7, 2025 05:50am
The government will come up with improvement measures within this year to eradicate and alleviate the instability in the supply of national essential drugs, which has been occurring frequently since the COVID-19 pandemic. The government plans to begin the groundwork for overhauling the entire system, including the method for designating n
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