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Mon, May 29, 2023 | 00:38

Korea to foster biotechnology as new growth engine: finance minister

Korea to foster biotechnology as new growth engine: finance minister

Korea will lift regulations to help biotechnology startups utilize the database of hospitals, and foster the industry as a new growth engine, the finance minister said Wednesday.

2023-05-24 17:18

SK bioscience calls for global cooperation on sharing vaccine manufacturing capacity

SK bioscience calls for global cooperation on sharing vaccine manufacturing capacity

SK bioscience, a pharmaceutical affiliate under Korea's SK Group, said Tuesday it has called for stronger global cooperation to share vaccine manufacturing capabilities with underdeveloped countries for wider access to vaccines in a future pandemic.

2023-05-23 17:15

HLB seeks approval for liver cancer drug with US FDA

HLB seeks approval for liver cancer drug with US FDA

HLB, an international biopharmaceutical company, submitted a new drug application (NDA) for its Rivoceranib liver cancer drug to the U.S. Food and Drug Administration (FDA) on Tuesday. If successful, it would become the first Korean biotechnology company to win a new drug approval in the U.S., the company said Thursday.

Baek Byung-yeul | 2023-05-18 16:27

[INTERVIEW] BioTNS targets overseas diagnosis market with digital PCR

INTERVIEWBioTNS targets overseas diagnosis market with digital PCR

Molecular diagnostics using polymerase chain reaction (PCR) technology has become a popular diagnostic method due to the outbreak of COVID-19.

Baek Byung-yeul | 2023-05-16 08:16

SK bioscience to produce MSD's Ebola vaccine candidate

SK bioscience to produce MSD's Ebola vaccine candidate

SK bioscience, a local vaccine developer and manufacturer, signed a contract manufacturing organization (CMO) agreement with global healthcare company MSD for the production of its next-generation Zaire Ebola vaccine, according to the company, Monday. MSD has been working with Hilleman Laboratories, an international nonprofit research organization, to develop a next-generatio...

Baek Byung-yeul | 2023-05-08 16:53

Samsung chief seeks cooperation with US biotech firms

Samsung chief seeks cooperation with US biotech firms

Samsung Group is seeking to expand cooperation with innovative biotech companies in the United States as Chairman Lee Jae-yong held a series of meetings with the CEOs of bio companies there, Samsung said Sunday. Korea's largest conglomerate added the bio sector as a business that Lee aims to foster as the group's flagship business. Lee also wants to discover new business oppo...

Baek Byung-yeul | 2023-05-07 16:45

SK bioscience to invest $1.8 bil. by 2027 to become top-tier bio firm

SK bioscience to invest $1.8 bil. by 2027 to become top-tier bio firm

SK bioscience, the country's prominent vaccine developer and producer, will invest around 2.4 trillion won ($1.8 billion) over the next five years until 2027 to become a top-tier bio and vaccine powerhouse, its CEO said Friday.

Baek Byung-yeul | 2023-04-28 16:04

Korea, Chile discuss cooperation on green hydrogen, renewable energy

Korea, Chile discuss cooperation on green hydrogen, renewable energy

Korea and Chile discussed ways Monday to boost cooperation on clean hydrogen and renewable energy development, the industry ministry said.

2023-04-24 17:26

Hugel fails to get FDA approval for botulinum product

Hugel fails to get FDA approval for botulinum product

Hugel, a local botulinum toxin (Botox or BTX) maker, is facing a setback in its attempt to enter the Botox market in the United States as the U.S. Food and Drug Administration (FDA) rejected the documents and data to license the BTX for use, according to industry officials Wednesday.

Baek Byung-yeul | 2023-04-19 16:34

Philips Sonicare launches campaign for tooth, gum disease prevention

Philips Sonicare launches campaign for tooth, gum disease prevention

Philips Korea has proposed a new way of tooth brushing that takes more care of the gums in order to prevent tooth and gum diseases in a campaign jointly launched with the Korea Association for Oral Health, according to the company, Tuesday.

Baek Byung-yeul | 2023-04-11 16:31

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