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2025-01-26 11:20
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Companies produced KRW 66.7B finished drugs a year
by
Chon, Seung-Hyun
Jan 24, 2025 05:52am
The average production performance of pharmaceutical companies has been gradually increasing. As the scale of the pharmaceutical industry grew, the average production value of both finished drugs and raw materials also continued to grow. For both finished drugs and raw materials, the share of small companies with annual production of less than K
Company
Will long-acting HIV treatment be included in the reimb list
by
Eo, Yun-Ho
Jan 24, 2025 05:52am
The long-acting HIV treatment 'vocabria+rekambys' gets attention whether it will be included in the National Health Insurance reimbursement list, two years after receiving approval in South Korea. According to industry sources, GSK Korea and Janssen Korea have recently entered drug price negotiations for their new HIV drugs, vocabria (cab
InterView
Approval called for drug switching in atopic dermatitis
by
Whang, byung-woo
Jan 24, 2025 05:51am
Atopic dermatitis treatment settings are changing quickly. New treatment options are available as new drugs with fewer side effects and superior treatment effectiveness than existing therapies emerge. There is a growing interest in how atopic dermatitis can be treated rather than just treating it, as changes have been brought to the treatment
Policy
'Lixiana' patent expires next year, good news for
by
Lee, Hye-Kyung
Jan 24, 2025 05:51am
As the patent of 'Lixiana (edoxaban),' a Direct Oral Anti-Coagulant (DOAC), is set to expire, generic companies are entering the competition. On January 21, the Ministry of Food and Drug Satefy (MFDS) approved bioequivalence tests, which are open-label, randomized, two groups, single time-point, cross-over Phase 2 trials involving healthy
Policy
Hokunalin Patch has been removed from Korea¡¯s reimbursement
by
Lee, Tak-Sun
Jan 24, 2025 05:51am
Hokunalin Patch, asthma and bronchitis deodorant based on tulobuterol, will be removed from the reimbursement list. The move was made upon the expiry of the item¡¯s marketing authorization last month. As a result, only domestic generic versions of the drug are available in South Korea. According to industry sources on Jan. 22, Abbott'
Policy
Govt plans to expand CDMO capacity by 2.5 times
by
Lee, Hye-Kyung
Jan 24, 2025 05:51am
The government plans to expand Korea¡¯s CDMO manufacturing capacity 2.5 times by 2032 to become the No. 1 global CDMO by 2032. It will also support domestic companies with a 'megafund' by expanding the size of the K-Bio-Vaccine Fund, currently at KRW 600 billion, to over KRW 1 trillion. The government launched the National Bio Commission i
Company
The era of compound management for obesity
by
Whang, byung-woo
Jan 23, 2025 05:54am
Wegovy (semaglutide), an obesity drug hailed as a game-changer, is seeking synergy with its cardiovascular benefits in addition to weight loss. Experts say that the obesity treatment paradigm is already evolving beyond weight loss to overall health care. In the future, it will be a challenge to improve access through expert review and reimbur
Policy
If atrial fibrillation develops, Rx 'Omega-3' API
by
Lee, Hye-Kyung
Jan 23, 2025 05:54am
The administration of the active ingredient 'omega-3-acid ethyl esters90,' which is used for treating dyslipidemia, will be permanently discontinued if a patient develops atrial fibrillation. Starting February 10, the Ministry of Food and Drug Safety (MFDS) will modify the approval specification based on the results of the European Medic
Policy
MFDS approves immune thrombocytopenia drug Tavalisse
by
Lee, Hye-Kyung
Jan 23, 2025 05:54am
The Ministry of Food and Drug Safety (MFDS) announced on the 20th that it has approved Tavalisse Tab 100 mg (fostamatinib sodium hydrate), an orphan drug used to treat immune thrombocytopenia in adults. Adult immune thrombocytopenia is an autoimmune disease in which antibodies against platelets are produced and platelets are destroyed in
Company
MET inhibitor Tepmetko enters last stage to reimb in KOR
by
Eo, Yun-Ho
Jan 23, 2025 05:54am
MET-targeted anticancer drug ¡®Tepmetko¡¯ has entered the final gateway to insurance reimbursement nearly 3 years after its domestic approval. According to industry sources, Merck Korea has recently started negotiating drug prices with the National Health Insurance Service for its Tepmetko (tepotinib), a treatment for locally advanced or
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