A local court denied the preliminary injunction filed by the late Hanmi founders' sons—Coree Group Chairman Lim Jong-yoon and Hanmi Fine Chemical CEO Lim Jong-hoon—to halt the issuance of new shares to OCI Holdings. The merger between Hanmi Pharmaceutical Group and OCI Group is currently led by Hanm
Celltrion held its annual general shareholders meeting on Tuesday with covering agenda items including approval of certain changes to the articles of incorporation, appointment of directors, appointment of outside directors to serve as auditors, appointment of auditors, approval of director compensa
Despite predictions that its high cost as a premium vaccine would be a barrier to market expansion, GSK's shingles vaccine, Shingrix, has claimed the top sales spot in the market in its first year of release.Shingles is caused when the varicella-zoster virus (VZV), which causes chickenpox, becomes r
Medytox, a South Korean manufacturer of botulinum toxin (BTX), said on Tuesday that it has entered a five-year contract with Brazilian pharmaceutical firm Blau Farmacêutica to provide BTX products valued at $73 million.Under the agreement, the BTX items shipped to Blau will include the newest produc
In an unfolding corporate drama at Hanmi Group, a major South Korean conglomerate, the company announced the sudden removal of two key figures from their leadership roles, only days before their annual shareholders' meeting. Hanmi Science's President Lim Jong-yoon and Hanmi Pharmaceuticals' Presiden
Sam Chun Dang Pharm said it secured an exclusive contract to supply its Eylea biosimilar to nine Western European countries, including the U.K., Belgium, the Netherlands, Norway, Portugal, Sweden, Greece, Ireland, and Finland.Under the accord, Sam Chung Dang will receive 55 percent of the total sale
In a ward that's been meticulously replicated to mirror the real thing, a mannequin patient lies in bed.Suddenly, an announcement echoes throughout the space: the patient has unexpectedly entered a state of cardiac arrest. Nursing students from Seoul Women's College of Nursing promptly check the pat
VaxCell-Bio said it submitted an international patent for a new multiple myeloma treatment known as chimeric-antigen receptor-marrow-infiltrating lymphocytes (CAR-MILs) in Europe and China.The submission marks a significant step becasue it is the first time a Korean firm has sought international pat
A Yonsei University research team has uncovered that the quality and length of a woman's hair may play a significant role in the sexual dynamics of a marriage.The survey conducted on 204 couples in Korea suggests that women with long and high-quality hair experience more frequent sexual intercourse
Hanmi Group, led by Chairman Song Young-sook, criticized the vision put forth by her sons, Hanmi Pharm CEO and Coree Group Chairman Lim Jong-yoon and Hanmi Fine Chemical CEO Lim Jong-hoon, who oppose the merger between Hanmi Group and OCI Group.The criticism came in response to a press conference he
In the midst of a contentious battle for control over Hanmi Group, Lim Jong-yoon and Lim Jong-hoon -- the sons of the company founder and the late Lim Sung-ki -- appealed for shareholders' support and promised to elevate Hanmi Pharm into a powerhouse capable of generating 1 trillion won ($754.2 mill
Researchers at Seoul National University Bundang Hospital (SNUBH) has successfully completed the "Drug-Induced Sleep Endoscopy AI Learning Data Construction National Project" with the highest grade rating.Drug-induced sleep endoscopy (DISE) is a widely used procedure for diagnosing and treating cond
The International Vaccine Institute (IVI) said it started transferring related technology for the development of a simplified oral cholera vaccine (OCV-S) to Biological E (BE), a leading vaccine and pharmaceutical company in India.The agreement comes after IVI and BE signed a technology license agre
The Korean government officially announced an expansion of medical school enrollment quotas by 2,000 for the academic year 2025, marking the first significant increase in 27 years, on Wednesday.According to Deputy Prime Minister and Minister of Education Lee Ju-ho, during a press conference held at
A recent study conducted by the Korean Pharmaceutical Association (KPA) revealed that 60.5 percent of prescriptions issued through telehealth services are for non-reimbursed medications.The findings come from an analysis of prescriptions processed via the Public Prescription Delivery System (PPDS) a
In recent discussions surrounding involuntary eye twitching due to fatigue and stress, it's become commonplace to hear suggestions regarding potential magnesium deficiency.However, Korea University Anam Hospital points out that such nutritional deficiencies are rare, and involuntary eye-twitching sy
In a recent surge of shareholder-friendly moves, Korean pharmaceutical and biotech firms are ramping up their efforts to return value to their investors as they approach their annual shareholder meetings.Among the notable actions are substantial share buybacks and plans to enhance dividend payouts,
A recent survey conducted in Korea has highlighted a concerning lack of awareness among adults regarding Body Mass Index (BMI), a crucial indicator for obesity management.BMI, calculated by dividing one's weight in kilograms by the square of their height in meters, serves as an indirect measure of b
Samsung Life Science Fund, created jointly between Samsung Biologics, Samsung Bioepis, and Samsung C&T, and managed by Samsung Ventures, announced its investment in BrickBio, a preclinical-stage biopharmaceutical company focused on developing antibody-drug conjugate (ADC) drugs.The latest investment
With a history spanning more than 350 years, Merck, the world’s oldest pharmaceutical company, is steadfastly advancing toward becoming a global leader in healthcare. In the healthcare sector, Merck has built a remarkably stable portfolio, including oncology, neurology, immunology, endocrinology, an