Korea’s bio-industry is experiencing rapid growth, and the medical AI industry is no exception.Few other companies illustrate this trend better than medical AI startup VUNO. Since its founding in 2014, the company has quickly transformed into an international name.However, despite Korea’s increasing
Eli Lilly Korea said Monday that it has appointed Christopher J. Stokes, general manager at Eli Lilly South Africa and Sub Saharan Africa, as its new general manager.The current general manager, Alberto Riva, has been appointed as the head of Eli Lilly Brazil.Stokes, who first joined Eli Lilly's U.S
LG Chem said it is in the final stage of entering the global gout treatment market.LG Chem applied for a phase 3 clinical trial of Tigulixostat, a self-developed novel gout treatment, to the U.S. Food and Drug Administration on Monday. It marked the first time the company applied for a phase 3 clini
In the wake of the Covid-19 pandemic, violence against healthcare professionals increased by 58 percent worldwide, a report showed.Verbal and physical attacks on physicians, nurses, and medical service workers occurred in all regions of the world. Emergency care and operating rooms were also exposed
The government is looking for ways to reduce the cost of Covid-19 testing as asymptomatic people complain about paying a considerable sum."We will come up with a plan to ease the economic burden and announce it soon," Second Vice Minister of Health and Welfare Lee Ki-il said during a press briefing.
Aptabio's share price soared to its upper limit on Friday on the news that it had secured positive phase 2 clinical trial results for APX-115, its diabetic nephropathy drug candidate.The company's share price closed at 22,000 won ($16.93) per share, up 29.87 percent from the previous trading day.The
A team of researchers at Korea University Ansan Hospital (KUAH) has proved that subjective chronic tinnitus symptoms can be alleviated through virtual reality (VR) treatment.Tinnitus is the subjective feeling of noise in the ear without external auditory stimulation, known to occur in 10 percent of
SK Bioscience has set about to win approvals for its Covid-19 vaccine, Skycovione, from the U.K. and other countries to enter global markets.SK Bioscience said Friday that it applied for conditional marketing authorization (CMA) to U.K.’s Medicines and Healthcare products Regulatory Agency (MHRA) fo
The Ministry of Food and Drug Safety (MFDS) expects to receive certification as a World Health Organization Listed Authorities (WLA) by the end of this year.WLA is a system where the WHO evaluates and certifies the performance of pharmaceutical regulatory agencies. This year, the global health agenc
Lululab, an AI beauty and healthcare company using skin data, said it would jointly target the Southeast Asian digital healthcare market with a Vietnamese partner.The company signed a memorandum of understanding with Hanoi Medical University (HMU) to develop an AI analytic solution for skin disease
Daewoong Pharmaceutical said it posted sales of 293.8 billion won ($226.3 million) and an operating profit of 33.6 billion won in the second quarter, up 7.6 percent and 25.8 percent from a year ago.Daewoong renewed its three-month profit record in the two consecutive quarters and saw its sales soar
Korean doctors’ prescription rate of antibiotics to treat colds plunged to 35 percent in 2021 from 73 percent in 2002, according to a report released Friday by the Health Insurance Review and Assessment Service (HIRA).Tertiary general hospitals’ antibiotics prescription rate for a cold remained at a
Cancer is thought to be synonymous with death and suffering. Therefore, it is easy to find cancer patients among our family and friends.According to the 2019 national cancer registration statistics in Korea, 1 out of 25 people (a total patient population of 2,147,503 people) are either receiving can
As drinkable liquid formulation dementia treatments have won domestic approval, attention is drawn to what effects they will have on the market, industry insiders said Thursday.The Ministry of Food and Drug Safety recently approved Genuone Sciences’ Keicept 5 mg (ingredient: donepezil hydrochloride)
The U.S. Food and Drug Administration has approved the application to expand indications for Enhertu (ingredient: trastuzumab deruxtecan) submitted by Daiichi Sankyo and AstraZeneca, industry sources said Thursday.That means the FDA will decide whether to permit its use for HER2-low metastatic breas
A renowned epidemiological expert said Thursday that the peak of the Covid-19 resurgence might come earlier than expected, but the maximum daily tally would be lower than the estimation in the original worst-case scenario."Based on various shreds of evidence, I think the country will not see a daily
Samsung Biologics said Wednesday it surpassed 1 trillion won in sales ($768 million) in the first half-year for the first time since its foundation, thanks to the rapid growth of its contract manufacturing organization business.In the second quarter, the company recorded 651.4 billion in sales and 1
Astellas Korea said Wednesday that its prostate cancer treatment, Xtandi, (ingredient name: enzalutamide), will be covered by selective benefits in treating hormone-responsive metastatic prostate cancer (mHSPC) combined with androgen deprivation therapy (ADT).Xtandi is a prostate cancer treatment wi
ISU Abxis said Wednesday that it signed a contract to supply up to 14 billion won ($10.7 million) of gaucher disease treatment, Abcertin, with Algeria’s Pharmacy Central Hospital (PCH).PCH is an institution that exclusively procures medicines and medical supplies for all public hospitals in Algeria.
Jeil Pharmaceutical announced on Thursday that it has signed a domestic exclusive supply contract of cefiderocol, a super-antibiotics of Ping An-Shionogi based on the siderophore cephalosporin antibiotic component.Ping An-Shionogi, a joint corporation of Japan’s Shionogi and Hong Kong’s Ping An, has