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2024-10-05 19:19
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Company
LG Chem appeals... starts 2nd patent trial for Zemiglo
by
Kim, Jin-Gu
Sep 12, 2024 05:50am
The patent dispute over the use of DPP-4 inhibitor class diabetes drug Zemiglo (gemigliptin) is heading on to its second round. Generic companies have succeeded in winning both the evasion and invalidation trials regarding Zemiglo's use patent, after which LG Chem has appealed to the Intellectual Property High Court of Korea. According
Company
Which company will distribute Bayer's 'Canesten¡¤Bepanthen'?
by
Nho, Byung Chul
Sep 12, 2024 05:50am
As the co-promotion agreement between Bayer and Il Dong Pharmaceutical for over the counter (OTC) medicines is set to expire, it gathers attention whether the company will renew the contract. According to industry sources, Bayer is searching for a new distributor to distribute its OTC medicines, Canesten and Bepanthen. Il Dong Pharmaceu
Company
GSK seeks mutual growth with its employees¡¦top satisfaction
by
Hwang, Byung-woo
Sep 11, 2024 04:39pm
¡®Vaccine powerhouse¡¯ is the first image that comes to mind upon the mention of GSK these days. The company has been constantly exerting its influence with its range of vaccines for various vaccine-preventable diseases. In the specialty medicine space, the company has expanded its pipeline to include respiratory asthma and COPD, as wel
Company
Pharma's China subsidiaries undergo massive changes
by
Kim, Jin-Gu
Sep 11, 2024 05:54am
China subsidiaries of South Korea's listed pharmaceutical and biotech companies are undergoing massive changes. Il-Yang Pharmaceutical and GC Biopharma have liquidated or sold their China subsidiaries within the past year. Hanmi Pharmaceutical (Hanmi Pharm)'s Beijing Hanmi Pharmaceutical, a local subsidiary of Hanmi Pharm in China, is a
Opinion
[Reporter's View] ¡®Tyranny of Drug Committees persist'
by
Eo, Yun-Ho
Sep 11, 2024 05:54am
Even after a drug is approved by the Ministry of Food and Drug Safety and listed for reimbursement, the drug cannot be prescribed immediately by medical staff at general hospitals. A drug can only be prescribed at each hospital after a prescription code is generated upon review by their respective drug committees (DCs). The process, in
Company
Why SK Chemicals applied for EUA, not SK Biosicence
by
Kim, Jin-Gu
Sep 11, 2024 05:54am
SK Chemicals has applied for emergency use approval of the Novavax COVID-19 vaccine to the Ministry of Food and Drug Safety to introduce the vaccine to Korea. One interesting fact is that it was SK Chemicals, not SK Bioscience, that applied for the EUA. This is because the regulations for EUA require a prior record of vaccine imports. Sin
Policy
Price of Pristiq original and IMDs cut with generic release
by
Lee, Tak-Sun
Sep 11, 2024 05:54am
The release of generic versions of Pfizer's antidepressant ¡®Pristiq ER Tab,¡¯ has hit not only the sales of the original drug but also the salt-modified version. Korea Pharma launched the first generic version of Pristiq in Korea last month, and the release has also affected the salt-modified drug that was released 4 years ago. Accordi
Company
The export performance of biopharma is up
by
Kim, Jin-Gu
Sep 10, 2024 05:48am
The export performance of two out of three pharmaceutical and biotech companies is reported to have increased year-over-year (YoY). The total export sales of 24 companies increased from KRW 3.6869 trillion to KRW 4.8975 trillion over the year, up 33%. In particular, the export performance of Samsung Biologics, Celltrion, and SK Biopharm
Company
MS drug development poses a big challenge for pharma
by
Son, Hyung-Min
Sep 10, 2024 05:48am
Pharmaceutical companies based in South Korea and overseas are having difficulties developing new drugs for multiple sclerosis. Sanofi failed to demonstrate the drug's efficacy in some parts of clinical trials, and Merck's Phase 3 clinical trial did not meet primary endpoints. However, Sanofi announced that it will attempt to receive approv
Company
CAR-T cell therapy Yescarta expected to enter the KOR market
by
Eo, Yun-Ho
Sep 10, 2024 05:48am
Another new CAR-T cell therapy 'Yescarta' is anticipated to enter the Korean market. The Ministry of Food and Drug Safety (MFDS) recently posted that it has designated an orphan drug for Gilead Sciences' Yescarta (axicabtagene ciloleucel). The designated indication will include ¡ãAdult patients with relapsed or refractory diffuse lar
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