The government is stepping up efforts to develop the biopharmaceutical sector into the country's next growth engine with various support plans, ranging from tax reduction to clinical trial support.For starters, it will provide Korean companies that purchase overseas vaccine technology companies with
Korea’s daily Covid-19 cases bounced back above 100,000 on Wednesday, as the BA.5, an Omicron subvariant, has emerged as the dominant strain.The Korea Disease Control and Prevention Agency (KDCA) confirmed 100,285 new virus cases, raising the cumulative caseload to 19,446,946. Wednesday's number is
The Korea Advanced Institute of Science and Technology (KAIST) said its research team, alongside several university hospitals, has jointly developed a self-evolutionary artificial intelligence (AI) algorithm to improve the automated reading of X-ray images .In collaboration with Seoul National Unive
Compared to other OECD member nations, Koreans use more health and medical services, and the nation has more medical equipment but fewer health workers, such as doctors and nurses.The Ministry of Health and Welfare released its analysis of Korea’s health and medical indicators in the “OECD Health St
Daesang Life Science said it signed a letter of intent (LOI) with Sinopharm International on Tuesday to establish a joint manufacturing and sales corporation for health foods in China’s Hainan Province.Under the accord, Daesang and Sinopharm International will collaborate on the health industry base
A study has found that breast cancer surgery using robots reduces complications and preserves the shape of the breast as much as possible.Two researchers -- Professor Park Hyung-seok of Yonsei Cancer Center and Professor Lee Jee-a at Eulji Medical Center’s Breast Clinic – discovered that robotic sur
Hanmi Pharmaceutical said it has completed preparations for product release, as it has become the first Korean company to win all four patent suits concerning the use patent of Entresto, Novartis’ chronic heart failure treatment.Hanmi, also the first in Korea to meet requirements for priority sales
The Joint Committee with Migrants in Korea (JCMK) on Tuesday called for beginning discussion in earnest on legalizing unregistered migrant workers in response to the Covid-19 resurgence and labor shortage.In a statement, the committee cited the parliamentary interpellation session on Monday, in whic
What would it be if we had to pick one piece of information most important for the genetic diagnosis of rare disease patients?The information required for genetic diagnosis is very diverse, such as the correlation between genes and diseases, the function of genes, important location information that
The stock prices of Korean pharmaceutical companies developing Alzheimer's disease treatment dropped as suspicions arose about the possible manipulation of a research paper on amyloid beta, a key substance in dementia treatment.Cellivery Therapeutics, a company developing iCP-Parkin, a Parkinson's d
Hugel’s botulinus toxin medication, Botulax (Letybo), has proved to be effective in improving furrows between eyebrows through phase 3 clinical trials in the U.S. and Europe, the company said Tuesday.It added that the trial results were published in the June issue of Aesthetic Surgery Journal.Accord
Korean people think they might have cardiovascular or cerebrovascular diseases someday but know little of the rules of life to prevent them, according to a recent survey.The result was disclosed by an opinion poll released by the Korean Society for the Prevention of Cardiocerebrovascular Disease (KS
The nation’s new Covid-19 daily tally bounced back to nearly 100,000 on Tuesday, as BA.5 subvariant accounted for 56.3 percent of the total infections, local and imported.The Korea Disease Control and Prevention Agency (KDCA) confirmed 99,327 new virus cases, raising the cumulative caseload to 19,34
Investors should pay attention to the fact that Daewoong Pharmaceutical is strengthening its R&D capabilities and showing results, an analyst said Tuesday.Kwon Hae-soon, a Eugene Investment analyst, noted that Daewoong's corporate value had been discounted in the stock market due to its lack of abil
Philips Korea expressed its will to focus on providing personalized healthcare solutions by actively using digital technology and data to prevent diseases in daily life on Tuesday."With PDP (Prevention, Digitalization, and Personalization) as keywords for future business strategy, we plan to help pr
Deargen, an artificial intelligence-based pharma-tech company, said on Tuesday that it began the full-scale operation of the iDear Center, an institute for AI convergence development and research of new drugs.The center in Dongtan, Gyeonggi-do, is the largest wet lab run by domestic artificial intel
In introducing the caregiving system to nursing hospitals, Korea should draw a plan to secure foreign care workers in addition to standardizing local nurses’ qualifications to make up for the caregiving workforce shortage, a local institute said.Eson Medical Management Institute made these and other
Daewoong Pharmaceutical said on Tuesday that it has completed a phase 1 clinical trial of IVL3001(ingredient name: finasteride), a hair loss treatment injection, in Australia in collaboration with Inventage Lab and Withus Pharmaceutical.The first phase of the IVL3001 clinical trial proved stable blo
Early this year, the government said it would step up efforts to prevent contract sales organizations (CSOs) from serving as the counter for illegal rebates, obligating sales agencies to prepare expenditure reports.Last Friday, the Ministry of Health and Welfare went further, saying it would manage
A Seoul National University Bundang Hospital (SNUBH) research team has discovered a new gene mutation related to the cause of autism for the first time worldwide through a large-scale genetics study of autistic patients and their families.Autism is a developmental disorder characterized by repetitiv