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Opinion
[Reporter's View] Slow but steady wins the race
by
Whang, byung-woo
Feb 4, 2025 05:55am
The Korean government has finally launched the National Bio Commission. The launch of this proper control tower has come several years after the government declared the bio-health industry as a national strategic industry. The news of its launch is encouraging, considering how the launch of the committee itself was almost stranded due to
Company
Lixiana leads the DOAC market..generics make advances
by
Kim, Jin-Gu
Feb 4, 2025 05:55am
Daiichi Sankyo's Lixiana (edoxaban) is further solidifying its dominance in the direct-acting oral anticoagulant (DOAC) market. Prescriptions grew 12% year-on-year, and its share of the total market expanded to 45%. Sales of Eliquis (apixaban) and Xarelto (rivaroxaban), on the other hand, have faltered. Eliquis saw its first year-over-
Policy
3-way race starts in faslodex mkt with new generic entry
by
Lee, Tak-Sun
Feb 3, 2025 05:52am
A new generic company entered the fulvestrant drug market that has been a battle between the original¡¯s owner AstraZeneca and the first generic developer Boryung. The new entrant, Korus Pharm, will spark three-way competition in the market with its product being reimbursed this month. According to industry sources on the 31st, Korus
Company
ROS1 targeted cancer drug 'Augtyro' nearing mkt entry
by
Eo, Yun-Ho
Feb 3, 2025 05:52am
The ROS1-targeting anticancer drug, 'Augtyro,' is expected to be commercialized in South Korea. According to industry sources, Bristol Myers Squibb (BMS) Korea is close to receiving approval from the Ministry of Food and Drug Safety (MFDS) for Augtyro (repotrectinib), an anticancer drug that can be used regardless of cancer types. This
Policy
Will external reference pricing reevals be further delayed?
by
Lee, Jeong-Hwan
Feb 3, 2025 05:52am
The Ministry of Health and Welfare plans to concentrate on advancing the regulations on the post-management of generic drug pricing that are being redundantly implemented in Korea. Regarding the introduction of the external reference pricing that has been gaining industry-wide attention, the MOHW reaffirmed its stance on its necessity, but th
Company
Samsung Bioepis loses Eylea appeal trial in the US
by
Cha, Jihyun
Feb 3, 2025 05:52am
The U.S. market entry of 'Eylea' biosimilar, a treatment for eye diseases, from Samsung Bioepis is stalled. The company recently lost a trial of appeal in addition to the previous motion filed by the developer for a preliminary injunction over a sales ban on an item. According to the biotechnology industry sources on January 31, the United S
Company
Jardiance is reimbursed for HFpEF
by
Whang, byung-woo
Feb 3, 2025 05:52am
The SGLT2 inhibitor Jardiance (empagliflozin) has been granted reimbursement across the full spectrum of heart failure in Korea, increasing its influence in the market. Boehringer Ingelheim Korea announced on the 31st that its drug will be granted reimbursement as of February 1st, under the Ministry of Health and Welfare notifications, fo
Company
ALS drug Qalsody to be commercialized in Korea
by
Eo, Yun-Ho
Jan 31, 2025 05:56am
Commercialization of the new drug ¡®Qalsody¡¯ for amyotrophic lateral sclerosis is expected in Korea. According to industry sources, Qalsody (tofersen), Biogen¡¯s drug indicated for the treatment of amyotrophic lateral sclerosis (ALS) associated with a mutation in the Superoxide Dismutase 1 (OD1) gene mutation, is undergoing a review for
Company
Epkinly may be prescribed in general hospitals in KOR
by
Eo, Yun-Ho
Jan 31, 2025 05:56am
Epkinly, an innovative bispecific antibody drug that binds to T cells, may now be prescribed in general hospitals in Korea. According to industry sources, AbbVie Korea¡¯s Epstein-Barr virus (EBV)-associated diffuse large B-cell lymphoma (DLBCL) treatment Epkinly (epcoritamab) has recently passed the drug committee (DC) review of Asan Medi
Company
'Latuda,' the new schizophrenia drug, can be prescribed
by
Eo, Yun-Ho
Jan 31, 2025 05:56am
'Latuda,' a treatment for schizophrenia, becomes available for prescription at general hospitals. According to industry sources, Bukwang Pharmaceutical's Latuda (lurasidone) has passed the drug committees of tertiary general hospitals, including Samsung Medical Center, Seoul National University Hospital, and Severance Hospital in Sinchon
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