Samjin Pharmaceutical signed an agreement with Cyclica, a Canadian AI-based novel drug development platform company, for a joint research on AI novel drug development.Under the agreement, Samjin Pharmaceutical will propose several potential drug candidates to Cyclica, and Cyclica will apply its AI-b
Helixmith is facing additional delays in receiving a recommendation from the Independent Data Monitoring Committee (IDMC) for its U.S. phase 3 clinical trial of Engensis (VM202), its diabetic peripheral neuropathy (DPN) treatment.Industry sources said the IDMC interim results could predict whether t
Samsung Biologics said on Tuesday it completed the first engineering run of its one-stop production system for large-scale commercial production of mRNA Covid-19 vaccine raw materials, following the contract manufacturing organization (CMO) for Moderna's mRNA vaccine.Greenlight Bioscience and Samsun
ST Pharm announced on Monday it won the U.S. FDA’s current Good Manufacturing Practice (cGMP) certification for its oligonucleotide (oligo) plant in Korea, for the first time in Asia.An FDA inspection team visited ST Pharm’s oligo factory in Banwol in Ansan in May and conducted a pre-approval inspec
A research team at St. Mary's Hospital has discovered that T cell, which causes autoimmune liver disease, appears after a liver biopsy on patients who received the Covid-19 vaccine.The research, conducted by Professors Sung Pil-soo at Seoul St. Mary's Hospital and Lee Sun-kyu at Incheon St. Mary's H
Novartis Korea said Monday that it released Zolgensma, the nation's first gene replacement treatment for spinal muscular atrophy (SMA), on Monday with the registration of health insurance benefits.SMA is a fatal rare genetic disease and one of the main causes of infant death, in which muscles gradua
Celltrion began the domestic sale of its Alzheimer's dementia treatment, Donerion Patch (ingredient name: donepezil), on Monday.Donerion, the first patch-type donepezil-based dementia treatment worldwide, received approval from the Ministry of Food and Drug Safety (MFDS) in November and began to get
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
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
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
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
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
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