JW Pharmaceutical has posted record earnings in 2023, driven by increased sales of its hyperlipidemia drugs Livalo (pitavastatin) and LivaloZet and hemophilia drug Hemlibra.JW Pharmaceutical released its preliminary operating results for the past year through a disclosure of changes in sales or prof
Seoul National University Bundang Hospital (SNUBH) said on Thursday that Professor Kim Yeon-wook of the Pulmonology Department has been appointed as a member of the multidisciplinary practice standards committee of the International Association for the Study of Lung Cancer (IASLC). Kim's tenure in t
Yongin Severance Hospital has started prescribing Somzz, the first digital therapeutics (DTx) device in Korea, for older adults with insomnia.Somzz, approved by the Ministry of Food and Drug Safety in February last year, implements cognitive behavioral therapy, the optimum standard treatment for ins
GC Biopharma recorded disappointing results last year due to a decline in Covid-19-related demand and the slowing exports of Hunterase amid rising geopolitical risks.GC Biopharma released its preliminary consolidated operating results for 2023 by disclosing changes in sales or profit and loss struct
Yuhan Corp. said it posted highest-ever annual sales in 2023 thanks to technology export revenue.The company reported consolidated sales and operating profit of 1.8 trillion won ($1.3 billion) and 56.7 billion won in 2023, up 4.7 percent and 57.6 percent year-on-year. Net profit also jumped 57.4 per
The Seoul High Court on Wednesday upheld the lower court's decision, rejecting Kolon Life Science's appeal to suspend the Ministry of Food and Drug Safety's order cancelling the approval for Invossa-K, a gene therapy for osteoarthritis.This decision marks the second defeat for Kolon Life Science in
Researchers at Seoul National University Bundang Hospital (SNUBH) have successfully developed and demonstrated a groundbreaking technology that expedites skin wound healing devoid of antibiotics, leveraging metal-organic frameworks (MOFs).Antibiotics have undeniably been instrumental in prolonging h
With the establishment of a new medical device category for lubricating gels, regulators are now outlining test methods to guide its evaluation.The Ministry of Food and Drug Safety (MFDS) said Wednesday that it has published and distributed the “Information Sheet on Test Methods for Personal Lubrica
Prestige Biopharma said Wednesday that the dosing of its Avastin biosimilar, HD204, conducted by global contract research organization (CRO) IQVIA, will be completed this month.HD204 is being studied in a global phase 3 clinical trial by two leading CROs, enrolling 650 patients in 17 countries world
VUNO, a Korean medical AI company, said Wednesday that its research on a self-supervised learning (SSL) algorithm to improve the efficiency and accuracy of artificial intelligence-based ECG data analysis has been adopted by the International Conference on Learning Representations (ICLR).ICLR, now in
Bayer Korea said it has entered into a strategic partnership with Chong Kun Dang to co-market Kerendia (ingredienet: finerenone), Bayer's novel treatment for chronic kidney disease (CKD) in patients with type 2 diabetes.Kerendia received approval from the Ministry of Food and Drug Safety in May 2022
Precision medicine is changing the treatment performance of many adult cancers, including lung, colon, and breast cancer. By identifying the "driver gene mutations" that cause cancer and targeting them with therapies, the cure rate is increasing. What about pediatric cancers, however?It is widely un
The Ministry of Food and Drug Safety (MFDS) plans to strengthen the control of medical narcotics by making the most of the risk management plan (RMP).Drug Safety Planning Officer Chae Kyu-han said the ministry would shore up the management of medical narcotics through RMPs and provide more safety in
Medical interns and residents are writing letters of resignation, prompted by the government’s announcement on Tuesday to increase the number of medical school enrollment quota by 2,000 from next year.These trainee doctors also protested the government's essential healthcare-enhancing policy package
Samsung Biologics has announced a collaborative venture into the development of antibody-drug conjugate (ADC) therapies by signing a new contract development organization (CDO) agreement with LegoChem Biosciences, a Korean ADC developer.Under the accord, Samsung Biologics will participate in the ess
The Ministry of Health and Welfare's announcement on Tuesday to increase medical school admissions by 2,000 students from the 2025 academic year has sparked a major backlash from doctors.This marks the most significant expansion in medical education capacity in 27 years, elevating the current quota
Led by homegrown anticancer drug Leclaza (lazertinib), Yuhan Corp. will continue its quest to become one of the top 50 global pharmaceutical companies this year. Yuhan aims to become one of the top 50 global pharmaceutical companies by 2026, its 100th founding anniversary.Yuhan Corp. CEO Cho Wook-je
The prevalence of obesity among children and adolescents has been rapidly increasing over the past decade, leading Korea to become an increasingly obese nation. Experts anticipate this trend to worsen in the future, urging the need for countermeasures.According to the “2023 Obesity Fact Sheet” publi
Huons said it has signed a technology transfer agreement with EFIL BioScience for a functional material derived from the root vegetable parsnip, which is known for its potential benefits in supporting respiratory wellness.EFIL BioScience, established in 2021, is a Korean biotech startup focusing on
Researchers from the Korea Advanced Institute of Science and Technology (KAIST) have made a discovery in the field of genetic regulation, highlighting the critical role of Alu elements in diseases such as tumor formation and neurodegenerative disorders.Alu elements, which make up about 10 percent of