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2023-12-07 12:18
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Budesonide¡¯s price will be increased by up to 19%
by
Chon, Seung-Hyun
Nov 28, 2023 05:41am
The insurance ceiling price for asthma treatments containing ¡®budesonide¡¯ will be increased by up to 18.5%. The annual prescription market is expected to increase by more than KRW 1.5 billion. Once the supply and demand imbalance is resolved, the scope of market expansion is expected to increase further. According to the Ministry of Health
Company
Series of sales right transfers occur in KOR
by
Kim, Jin-Gu
Nov 27, 2023 06:07am
Competition between domestic pharmaceutical companies has been heating up for the rights to copromote vaccines by multinational pharmaceutical companies. With new products being released one after another in Korea, domestic companies are intent on becoming partners to secure these vaccines that generate stable cash flow. In fact, over
Company
CDK4/6 inhibitor mkt fluctuates with the rise of Kisqali
by
Son, Hyung-Min
Nov 27, 2023 06:06am
The CDK4/6 inhibitor market for breast cancer has changed from a monopoly to a duopoly in Korea. Kisqali, which had been introduced later into the market, has nearly caught up with Ibrance's sales. According to the market research institution IQVIA on the 24th, sales of Novartis¡¯s Kisqali had risen 95.2% YoY to reach KRW 12.1 billion in Q3 t
Company
New AD drug Adtralza enters last stage to reimb in KOR
by
Eo, Yun-Ho
Nov 27, 2023 06:06am
The atopic dermatitis treatment ¡®Adtralza¡¯ is entering its final stages of receiving reimbursement in Korea. According to industry sources, the Ministry of Health and Welfare recently issued a negotiation order for Leo Pharma Korea¡¯s interleukin-13 (IL-13) inhibitor for atopic dermatitis, Adtralza (tralokinumab). Under the order, the c
Company
Sales of K-anticancer drugs Leclaz and Rolontis rise in KOR
by
Chon, Seung-Hyun
Nov 24, 2023 05:37am
New anticancer drugs developed by domestic companies are gradually increasing their influence in their home market. Sales of Yuhan Corp¡¯s lung cancer treatment Leclaza are expected to exceed KRW 20 billion this year. Also, cumulative sales of Hanmi Pharmaceutical's neutropenia treatment Rolontis have exceeded KRW 10 billion just 2 two into its
Company
MSD vaccines will be sold by Boryung¡¤Kwangdong
by
Kim, Jin-Gu
Nov 24, 2023 05:37am
The domestic sales rights for 8 types of MSD vaccines have changed hands recently. Although HK Inno.N was in charge of joint sales for MSD vaccines in Korea, the vaccines will be separately sold by Boryung Biopharma and Kwangdong Pharmaceutical each. After signing a copromotion agreement with MSD for its vaccines at the end of 2021, HK
Company
Reimb for 7 of 13 Keytruda indications to be rediscussed
by
Eo, Yun-Ho
Nov 24, 2023 05:37am
Although it was well expected, the road to reimbursement extension for Keytruda is not going so smoothly. The company had applied to extend reimbursement for the drug to 13 additional indications in bulk earlier this year. According to industry sources, 4 indications of MSD Korea¡¯s PD-1 inhibitor Keytruda (pembrolizumab) for Triple-Neg
Company
Shingrix lead mkt again¡¦shakes shingles vaccine mkt
by
Chon, Seung-Hyun
Nov 23, 2023 05:37am
The annual KRW 40 billion shingles vaccine market has shown rapid changes. GlaxoSmithKline's (GSK) new shingles vaccine 'Shingrix' took an unrivaled lead in the Korean market. Shingrix¡¯s market share exceeded 50% this quarter powered by its strong preventive effect despite its high price. According to the market research institution IQVIA on
Company
SK Bioscience & Hilleman Laboratories develop Ebola vaccine
by
Kim, Jin-Gu
Nov 23, 2023 05:37am
SK Bioscience announced on the 22nd that it signed a memorandum of understanding (MOU) with Hilleman Laboratories, an international non-profit research institute, for the joint development of a second-generation Zaire Ebola virus vaccine. Hilleman Laboratories was established in 2009 as an equal joint venture between MSD and Wellcome Tr
Company
Leukemia drug Xospata¡¯s reimb limit may be resolved
by
Eo, Yun-Ho
Nov 23, 2023 05:37am
Astellas Korea is working to resolve the issue of the reimbursed number of cycles approved for its acute myeloid leukemia treatment ¡®Xospata.¡¯ Dailpharm¡¯s coverage showed that the agenda on expanding reimbursement standards for Astellas Korea¡¯s Xospata, a drug for patients with relapsed or refractory acute myeloid leukemia (AML) with
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