SK Bioscience said that it exported the first batch of SKY Varicella, a chickenpox vaccine, to the Pan America Health Organization (PAHO), an international health organ under the United Nations.Along with UNICEF, PAHO is one of the world's largest vaccine suppliers and is responsible for the large-s
Boryung Corp. said it recorded the largest quarterly earnings in the first quarter of 2022 in its history, continuing a solid growth after 2021.The company’s sales and operating profit posted 170.6 billion won ($134.4 million), and 18.7 billion won in the first quarter, up 26 percent and 36 percent
Astellas Pharma, a multinational pharmaceutical company based in Japan, has released a report detailing the disadvantages of living with bladder cancer and its psychological impact.Bladder cancer is the fifth most common cancer globally, with 151,000 new cases diagnosed in Europe alone every year. H
The drug regulator ordered Samsung Pharm to suspend manufacturing of hypertension drug Amonepin Tab. (ingredient: amlodipine maleate), saying the drugmaker violated the Good Manufacturing Practices (GMP).On Friday, the Ministry of Food and Drug Safety said Samsung Pharm received a four-month suspens
Chong Kun Dang said that it has entered into a strategic partnership with ENCell to conduct joint research on innovative drugs.Under the accord, Chong Kun Dang will conduct cell and gene therapy research and development by using ENCell's cell and gene therapy development know-how and production tech
Pfizer’s Lorviqua (ingredient: lorlatinib), the only third-generation anaplastic lymphoma kinase (ALK) tyrosine kinase inhibitor (TKI) usable for patients who failed the second-generation ALK TKI, obtained expanded indication as the first-line therapy to treat ALK-positive metastatic non-small cell
SK Biopharmaceuticals said that it would make a joint investment with SK Inc., an SK Group subsidiary specializing in investment, into Cala Health, a U.S.-based digital therapy company.Starting with this investment, the company plans to continue making strategic investments in cutting-edge biopharma
Chong Kun Dang released the findings of European phase 1 and pre-clinical trials of CKD-510, an investigational drug for Charcot-Marie-Tooth, at the annual meeting of the Peripheral Nerve Society (PNS), held in Miami from May 14-17.According to the company, CKD-510 uses non-hydroxamic acid platform
Huons Global said that the board of directors has approved the establishment of the company's branch in Japan, Huons Japan Co., Ltd.The new subsidiary, located in Osaka, will be responsible for expanding exports to Japan and locally distributing and selling Huons Group's healthcare portfolio, includ
Vivizon Pharmaceutical said it would lower the prices of 45 medicines from May 23.The announcement follows the Supreme Court’s recent order to lower drug prices. The Ministry of Health and Welfare also noticed changing the maximum reimbursement rates for Vivozon drugs.The court ordered Vivozon’s dru
Genencell said that it has started administering ES16001, an oral Covid-19 treatment candidate, to patients participating in its global phase 2 and 3 clinical trials. The clinical trial is for male and female patients 19 years or older who have tested positive for Covid-19.The company has registered
Kolon Pharmaceutical’s prescription flu treatment Comiflu (oseltamivir phosphate) was distributed to a daycare via a donation group without a doctor’s prescription, and the regulator belatedly started investigating the case. Comiflu is a generic copy of Tamiflu.A daycare center in Jecheon, North Chu
Daewoong Pharmaceutical said it has recently obtained product approval for Nabota, a botulinum toxin (BTX) product, from the Saudi Arabian and Ukrainian governments.Saudi Arabia is one of the largest markets in the Middle East in terms of population and economy, and the company plans to use the Saud
Jeil Pharmaceutical said the government added Triferic Inj. (ingredient: ferric pyrophosphate citrate sodium sulfate coprecipitate hydrate) and Triferic Sol., a new treatment for renal disease, to the list of patented drugs. The patent registration allows Jeil to sell it in Korea exclusively.On Mond
MSD Korea said it would raise the price of Gardasil 9, a vaccine to prevent cervical cancer, in the second half of 2022, following the price hike last year. The decision drew criticism from both consumers and physicians.MSD Korea decided to increase the supply price of Gardasil 9 from July 1. It sta
Huons said it signed a contract to export three local anesthetic products to Formative Pharma Inc. (FPI), a Canadian-based pharmaceutical company last Thursday.The three products have obtained U.S. Food and Drug Administration’s Abbreviated New Drug Application (ANDA) approval in April 2018, Decembe
Astellas Pharma recently announced it would transform into an oncology drug developer and started reorganizing units and building pipelines for anticancer drug development.In line with the headquarters’ business direction, Astellas Korea also completed the reorganization of the oncology division to
SK Bioscience said on Thursday it obtained the Ministry of Food and Drug Safety’s permit to export SKYTyphoid Multi Inj., a typhoid vaccine.In 2013, SK Bioscience and the International Vaccine Institute (IVI) started jointly developing SKYTyphoid, a conjugate typhoid vaccine.The Bill & Melinda Gates
GC has signed a $51.7 million contract with Pan American Health Organization (PAHO) to supply influenza vaccines to Latin America.GC said it is the largest export deal since it secured PAHO bidding qualifications in 2011, marking a 30 percent increase from the influenza vaccine export to Latin Ameri
SK Biopharmaceuticals’ sales plummeted in the first quarter, compared to a year earlier, due to the base effect of a one-off income from a licensing deal last year.In a public filing on Thursday, the company said it posted 41.1 billion won ($31.8 million) sales in the first three months of 2022, a 7