The Ministry of Food and Drug Safety has ordered a temporary suspension of making and selling six ethical drugs (ETC) by Samsung Pharmaceutical after confirming various violations in making the drugs.The six drugs include five Samsung Pharmaceutical’s drugs – Geramin, Moarex, Combicin, and Combicin
Korea’s leading pharmaceutical companies are quickly entering the Covid-19 diagnostic kit distribution business.Their move came as the fourth wave of the virus outbreak recently hit the nation despite the increasing rollouts of vaccines.The need for screening asymptomatic Covid-19 cases has also ris
Helixmith said that it has retrieved all CAR-T technology and related rights related to VM801, a chimeric antigen receptor-T (CAR-T) therapy targeting TAG-72 antigen, from Bluebird Bio, a U.S biopharmaceutical company.The company transferred the technology for VM801 to Bluebird Bio in 2015 and grant
Genexine said Wednesday that Indonesia's National Agency of Drug and Food Control has approved the phase 2/3 clinical trial of the Covid-19 vaccine, GX-19N, making it the first Korean company to conduct a global phase 2/3 study.The company will conduct phase 3 clinical trials in 10,000 healthy adult
Huons said that it has secured an exclusive right for the domestic licensing and sales of Sputnik Light, a one-dose Covid-19 vaccine, from the Russian Direct Investment Fund (RDIF).Sputnik Light is a single-dose COVID-19 vaccine developed by the Gamaleya National Center of Epidemiology and Microbiol
Jardiance (ingredient: empagliflozin), a sodium-glucose cotransporter 2 (SGLT-2) inhibitor developed by Boehringer Ingelheim and Eli Lilly, has become the only treatment that proved reduced risk of hospitalization and death in patients with heart failure and preserved ejection fraction (HFpEF).The t
A local pharmaceutical company has begun seeking the marketing license for an abortion drug in earnest.Hyundai Pharm said on Tuesday that it had submitted data for approval for Mifegymiso, an oral treatment for abortion, to the Ministry of Food and Drug Safety on Friday.In March, Hyundai signed an e
Alteogen said Tuesday that it has registered a domestic patent for an improved antibody used in ALT-Q5, an ovarian cancer therapy, based on NexMab antibody-drug conjugate (ADC) technology used for developing ADC bio betters.The antibody inhibits the activity by binding to a protein known as folate r
Corestem said that its phase 3 clinical trial for Neuronata-R, a stem cell-derived Lou Gehrig's treatment, is proceeding smoothly as the company has registered more than 50 percent of patients participating in the trial.The trial comes after the Ministry of Food and Drug Safety granted conditional a
Prestige Biopharma said Monday it would accelerate Russia’s Sputnik V Covid-19 vaccine production and the growth of the antibody-drug business, in collaboration with its subsidiary Prestige Biologics, a contract development and manufacturing organization.Prestige Biopharma imported cell lines and vi
Shin Poong Pharmaceutical said Monday that it has presented the topline results of its phase 2 study using Pyramax, its antimalarial drug, in treating Covid-19.The study, a placebo-controlled, randomized, double-blind trial, aimed to evaluate the efficacy and safety of Pyramax in Covid-19 patients w
During his recent visits to the U.S. and the U.K., President Moon Jae-in repeatedly said Korea would, and could, serve as the world’s Covid-19 vaccine hub.As if to respond to the chief executive’s eagerness, biopharmaceutical companies with CDMO services here have speeded up the construction of new
MSD said it would voluntarily withdraw the FDA’s accelerated approval for Keytruda (pembrolizumab) as the third-line treatment for gastric cancer.On Thursday, the company said it would withdraw the indication for patients with recurrent locally advanced or metastatic gastric or gastroesophageal junc
Some workers at Ipsen Korea suffer from sexual harassment, bullying at the workplace, the violation of the Labor Standards Act, and “gapjil,” or power abuse of superiors against subordinates, the company’s labor group said.Such behaviors at the Korean offshoot of the French pharmaceutical company ar
The FDA recently delayed the review of expanded approval for AbbVie’s Rinvoq (ingredient: upadacitinib) to treat atopic dermatitis, citing the need for verification of cardiovascular safety.However, the European regulator recommended the nod for the expanded use of the JAK inhibitor.On June 25, the
The Covid-19 mainly targets nasal epithelial cells for proliferation in the early stage of infection, a joint research team said Friday.The interim conclusion came when the exact mechanism of infection has not been revealed even after the pandemic lasted for more than 18 months since the outbreak.Re
LG Chem said Thursday that phase 2 clinical trials of its gout therapy candidate, LC350189, in the United States have met primary and secondary endpoints and showed potential as a new drug.The company said it administered LC350189 to the trial subjects once a day to inhibit xanthine oxidase (XO) exp
A consortium of Korean companies to develop and manufacture a Korean-made messenger RNA vaccine against Covid-19 officially launched Tuesday. However, industry watchers raised questions about the detailed roles of the participating companies.The Ministry of Health and Welfare and the Korea Pharmaceu
Boehringer Ingelheim Korea said that it has appointed Martín Corcoll, a healthcare expert with more than 15 years of service in Mexico and Germany, as its new chief executive officer effective on July 1.New CEO Corcoll, who graduated from the University of San Andrés in Argentina with a degree in bu
Moderna’s Covid-19 vaccine formed neutralizing antibodies against all virus variants first identified in South Africa, India, Nigeria, Uganda, and Angola. However, the neutralizing titers were reduced 2.1 to 8.4 folds against the variants compared to the original strain, the company said.On Tuesday,