Icure Pharmaceutical, a company specializing in drug delivery systems, has set about to expand oral incrementally modified drug (IMD) pipelines.The company said Wednesday that it had signed a technology transfer agreement with Hanall Biopharma on IMD for gastroesophageal reflux disease (GERD). Under
Deep Bio, an artificial intelligence-based digital pathology company, said on Wednesday that it agreed on partnerships with foreign companies to enter the overseas market with its prostate cancer diagnosis software, DeepDx Prostate.For starters, the company plans to expand its U.S. market share thro
The Ministry of Food and Drug Safety is expected to recall acetyl-L-carnitine (ALC), a cognitive function enhancer, and order drugmakers to stop making ALC-containing medicines in September, an MFDS official said.Shin Kyeong-seung, director of the MFDS’ pharmaceutical safety evaluation department, h
Korea's new Covid-19 cases jumped to a four-month high Tuesday due to summer vacation and increasing reinfections, the Korea Disease Control and Prevention Agency said.According to the KDCA, the country added 149,897 new Covid-19 infections, up from 55,292 the previous day and 111,785 a week earlier
LG Chem said it would enter the local wound dressing market, providing various skin care solutions from cosmetic fillers and skin boosters to wound dressings.The company said Monday it would start selling Kiomer-3 and Kiomer-Plus, wound dressing materials for medical professionals that are used to p
Eyegene said on Tuesday that it signed an agreement to develop a Japanese encephalitis virus gene-recombinant vaccine with financial support from the Korea Health Industry Development Institute (KHIDI).The research and development cost is estimated to be 200 million won ($150,000), and the state age
Idience said Tuesday that venadaparib, the company’s novel drug candidate for targeted agents, has been designated as an orphan drug by the U.S. Food and Drug Administration.Idience is a subsidiary of Ildong Holdings, the holding company of Ildong Pharmaceutical Group, specializing in novel drug dev
Hanmi Pharmaceutical said it was ready to lead the local dyslipidemia treatment market with Rosuzet (rosuvastatin 10mg+ezetimibe 10mg) because of the treatment’s “distinguished evidence for therapeutic benefits.”At a news conference in Seoul Monday, Hanmi disclosed the results of the RACING trial, s
The drug regulator is taking steps to revoke the indication of acetyl-L-carnitine, a cognitive function enhancer.On Friday, the Ministry of Food and Drug Safety suspended the prescription and dispensing of acetyl-L-carnitine-containing medicines and recommended using alternative drugs.Earlier, the M
MiCo BioMed, an in-vitro diagnostic medical device maker, said Tuesday that it completed the clinical trial of the monkeypox testing kit and applied for its export approval to the Ministry of Food and Drug Safety (MFDS).In July, the company conducted a clinical trial of a monkeypox PCR testing kit (
Pharmaceutical experts repeatedly said SK Bioscience’s Covid-19 vaccine SKYCovione needed additional safety review during the regulator’s marketing approval process, minutes of a drug review panel showed.The Ministry of Food and Drug Safety recently disclosed the minutes of the Central Pharmaceutica
SK Biopharmaceuticals’ epilepsy drug Cenobamate will soon be reviewed for approval in Canada and Israel.Paladin Labs, a subsidiary of SK Biopharma’s partner company Endo International, sent new drug submission (NDS) for the innovative novel drug for epilepsy to Health Canada in June.If the Canadian
The Korea Health Industry Development Institute (KHIDI) said on Tuesday that it would hold the "2022 Seoul Biomedical International Conference (2022 SIBC)" on Sept. 29 at the Seoul Metropolitan Government’s new office.City Hall hosts and the state agency organizes the sixth annual conference.The con
Korea reported four deaths from Covid-19 among children aged younger than 10 in July alone, government data showed.The total number of child deaths from Covid-19 has gone up to 27, as of midnight Sunday.According to the Korea Disease Control and Prevention Agency (KDCA), two children aged nine or yo
Genematrix said Monday that it obtained the Conformité Européene In-vitro diagnostic (CE-IVD) device certification for its new Neoflex TB/NTM-5 detection kit, a new respiratory diagnostic product.The kit can identify one type of mycobacterium tuberculosis (TB) and five different types of non-tubercu
Pangen Biotech announced Monday that it signed a joint development agreement with Moogene Medi to develop a protein treatment using lipid nanoparticles (LNPs).The two companies also applied for a patent on “LNPs for protein transfer” in July.LNPs are transmitter substances of mRNA Covid-19 vaccine d
MedPacto announced Monday that it received green light from the U.S. FDA to test Vactosertib as a solo therapy for recurrent and intractable osteosarcoma patients in a phase 1/2 trial.The study will be on 54 patients aged 14 or older who suffer from recurrent or intractable osteosarcoma and carried
Cellid, a Korean bio-venture, will conduct a Covid-19 vaccine study in Kenya and Tanzania, a company official said.“In the near future, we will apply for an investigational new drug (IND) clinical trial in Kenya and Tanzania, jointly with the International Vaccine Institute (IVI),” the official told
Novo Nordisk is facing difficulties to replace the existing drug Saxenda (liraglutide) with a new drug Wegovy (semaglutide) in the obesity treatment market due to manufacturing issues.On Thursday, the Danish multinational drugmaker said in an IR meeting for second-quarter earnings that it would be d
The Lithuanian Biotechnology Association (LBTA) said on Friday that they signed a memorandum of understanding (MOU) with Korea Biotechnology Industry (Korea BIO) to establish stronger cooperation with Korean bio-companies in the field of high value-added technologies.In an interview with Korea Biome