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2025-03-27 16:31
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Celltrion wins, Samsung loses Eylea patent trial
by
Kim, Jin-Gu
Feb 13, 2025 05:58am
Companies have seen mixed results regarding the preliminary injunction applications over the biosimilar version of the macular degeneration drug Eylea (aflibercept). While Samsung Bioepis lost the preliminary injunction application for patent infringement filed by Bayer, Celltrion won its case. The conflicting results have also led to
Company
Officially launched Vantive Korea targets renal care market
by
Whang, byung-woo
Feb 13, 2025 05:58am
As Baxter's 'Renal Care and Acute Therapies Businesses' launches as an independent global company completes, it has begun officially operating under a new company name. According to medical devices industry on February 5, a fund managed by global investment firm the Carlyle Group has completed the acquisition of Baxter International¡¯s Ren
Company
¡®Employees work long-term at Daiichi Sankyo for a reason'
by
Eo, Yun-Ho
Feb 13, 2025 05:58am
To survive and develop, we need to change and adapt to change. This is easy to say, but never easy to do. Daiichi Sankyo is a master of adaptation. The company has established itself in the domestic market by supplying drugs for chronic diseases, mainly cardiovascular diseases. Starting with hypertension drugs such as Olmetec, Sevikar, an
Company
Will 'Verzenio' be reimb for early breast cancer in 2025?
by
Eo, Yun-Ho
Feb 12, 2025 06:13am
The industry eyes whether 'Verzenio,' with expanding reimbursement challenges, will obtain results this year. According to sources, Lilly Korea's CDK4/6 inhibitor Verzenio (abemaciclib) is expected to be considered for the upcoming Cancer Disease Review Committee (CDRC) of the Health Insurance Review and Assessment Service (HIRA) for its
Company
'Lorviqua' accepts DREC condition¡¦negotiations to start
by
Eo, Yun-Ho
Feb 11, 2025 06:02am
The final review process is about to begin for expanded reimbursement of the non-small cell lunger cancer treatment 'Lorviqua' as a first-line treatment. According to industry sources, Pfizer Korea accepted the condition of 'accepting the drug price below the evaluated amount' suggested by the Drug Reimbursement Evaluation Committee (DREC
Company
Mitsubishi Tanabe Pharma sold to private equity fund
by
Whang, byung-woo
Feb 11, 2025 06:02am
The sale of Japanese pharmaceutical company Mitsubishi Tanabe Pharma to a global private equity firm is expected to bring changes to its Korean branch as well. Although the company is being sold, it is not being sold by business unit, so its effect on the overall market is expected to be small. Rather, the sales are expected to increase suppo
Company
OliX licenses out RNA-based MASH drug technology to Lilly
by
Feb 10, 2025 05:50am
OliX, a company developing RNA-based new drugs, has transferred its metabolic dysfunction-associated steatohepatitis (MASH) and obesity drug candidate to the multinational pharmaceutical company Eli Lilly. On the 7th, OliX announced that it had signed a joint development and technology export agreement with Lilly for its MASH and obesity
Company
Bayer Korea marks 70th year, preparing for 100-yr milestone
by
Whang, byung-woo
Feb 10, 2025 05:50am
Bayer Korea, celebrating its 70th year in business in the Korean market, is preparing for the next leap toward the 100th year. The company plans to enhance the capacity of treatments already launched in the market and its new growth driver pipeline, aiming for long-term and continuous business growth. Additionally, as the importance of th
Company
New TED drug 'Tepezza' under review for marketing approval
by
Eo, Yun-Ho
Feb 10, 2025 05:50am
The commercialization of 'Tepezza,' a targeted treatment for Thyroid Eye Disease, is expected. According to industry sources, the Ministry of Food and Drug Safety (MFDS) is reviewing the approval of the Thyroid Eye Disease (TED) treatment, Tepezza (teprotumumab). This drug was designated as an orphan drug in South Korea in August 2024.
Company
Will Keytruda¡¯s reimbursement standards be set this time?
by
Whang, byung-woo
Feb 7, 2025 05:52am
Keytruda, for which MSD had submitted reimbursement applications to extend its coverage to 17 indications, is gaining industry attention as it is expected to be presented to the Cancer Disease Deliberation Committee for the first time this year. According to industry sources, MSD Korea's Keytruda (pembrolizumab) will be presented to the K
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